AUD Rate means for any Loans in AUD, (a) the AUD Screen Rate plus (b) 0.20%.
AUD Rate means, with respect to any Interest Period, (a) the average bid reference rate administered by the Australian Financial Markets Association (or any other Person that takes over the administration of such rate) for AUD bills of exchange with a tenor equal in length to such Interest Period as displayed on page BBSY of the Bloomberg screen (or, in the event such rate does not appear on such Bloomberg page, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information service that publishes such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion) at or about 11:00 a.m. (Sydney, Australia time) on the first day of such Interest Period (the “AUD Screen Rate”). If the AUD Rate shall be less than zero (0.00%), the AUD Rate shall be deemed to be zero (0.00%) for purposes of this Agreement.
AUD Rate means, with respect to any Interest Period, the sum of (a) the average bid reference rate administered by the Australian Financial Markets Association (or any other Person that takes over the administration of such rate) for AUD bills of exchange with a tenor equal in length to such Interest Period as displayed on page BBSY of the Bloomberg screen (or, in the event such rate does not appear on such Bloomberg page, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information service that publishes such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion) at or about 11:00 a.m. (Sydney, Australia time) on the first day of such Interest Period (the “AUD Screen Rate”) plus (b) 0.20%. If the AUD Screen Rate shall be less than zero (0.00%), the AUD Screen Rate shall be deemed to be zero (0.00%) for purposes of this Agreement.
Examples of AUD Rate in a sentence
Total taxable value (AUD) Rate of tax0–349,999AUD 0350,000–2,249,999AUD 1,450 plus 1.7 cents for each AUD 1 more than AUD 350,000 2,250,000–4,999,999AUD 33,750 plus 1.5 cents for each AUD 1 more than AUD 2,250,000 5,000,000–9,999,999AUD 75,000 plus 2.25 cents for each AUD 1 more than AUD 5,000,000 10,000,000 or moreAUD 187,500 plus 2.75 cents for each AUD 1 more than AUD 10,000,000Source: Queensland government, RMG Consulting (2020).
Other fees hereunder will be billed separately on a monthly basis.
Loans outstanding under the Revolving Credit Facility denominated in Euros or Australian Dollars bear interest based on EURIBOR or the AUD Rate (each, as defined in the Credit Agreement), respectively, plus a margin of 3.50%.
More Definitions of AUD Rate
AUD Rate means, for any Loans denominated in Australian Dollars, the AUD Screen Rate or, if applicable pursuant to the definition of “LIBO Rate”, the applicable Interpolated Rate or the applicable Reference Bank Rate or such other rate as determined pursuant to the terms of Section 2.14, as applicable.
AUD Rate means, for any Loans denominated in Australian Dollars, the AUD Screen Rate or, if applicable pursuant to the definition of “LIBO Rate”, the applicable Reference Bank Rate or such other rate as determined pursuant to the terms of Section 2.14.
AUD Rate means, for any Interest Period, (a) the rate per annum displayed at or about 10:45 a.m. (Sydney, Australia time) on the Reuters screen page “BBSY” or “BBSW” (or its successor or equivalent page) on the first day of such Interest Period as the bank xxxx “settlement” bid rate for bank accepted bills for a term equivalent to such Interest Period, or (b) if (i) for any reason such rate is not available or (ii) the basis on which such rate is displayed has changed and, in the reasonable opinion of the Administrative Agent, ceases to reflect the Lenders’ cost of funding to the same extent as on the Closing Date, then the “AUD Rate” shall be a rate published by a commercially available source providing “BBSY” or “BBSW” quotations, as applicable, and reasonably selected by the Administrative Agent.
AUD Rate means, with respect to any Eurocurrency Borrowing denominated in Australian Dollars and for any Interest Period, the AUD Screen Rate at approximately 11:00 a.m., Sydney, Australia time, on the first day of such Interest Period; provided that if the AUD Screen Rate shall not be available at such time for such Interest Period (an “Impacted AUD Rate Interest Period”) with respect to Australian Dollars then the AUD Rate shall be the AUD Interpolated Rate.
AUD Rate means, with respect to any Loans denominated in Australian Dollars for any Interest Period, (i) the rate per annum equal to the Australian Bank Xxxx Swap Bid Rate or the successor thereto as approved by the Administrative Agent as published by Bloomberg (or on any successor or substitute service providing rate quotations comparable to those currently provided by such service, as selected by the Administrative Agent in its reasonable discretion) at approximately 10:00 a.m. (Sydney, Australia time) on the Quotation Day for such Interest Period, as the rate for deposits in Australian Dollars with a maturity comparable to such Interest Period multiplied by (ii) a percentage equal to 1 minus the Statutory Reserve Rate; provided that (a) if such rate is not available at such time for any reason, the Administrative Agent may substitute such rate with a reasonably acceptable alternative published interest rate that adequately reflects the all-in-cost of funds to the Administrative Agent for funding such borrowings in Australian Dollars and (b) if the AUD Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.
AUD Rate means, with respect to any Interest Period, the sum of (a) the average bid reference rate administered by ASX Benchmarks Pty Limited (ACN 616 075 417) (or any other Person that takes over the administration of such rate) for AUD bills of exchange with a tenor equal in length to such Interest Period as displayed on page BBSY of the Reuters screen (or, in the event such rate does not appear on such Reuters page, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information service that publishes such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion) at or about 11:00 a.m. (Sydney, Australia time) on the first day of such Interest Period (the “AUD Screen Rate”) plus (b) 0.20%. If the AUD Screen Rate shall be less than zero (0.00%), the AUD Screen Rate shall be deemed to be zero (0.00%) for purposes of this Agreement.
AUD Rate means, with respect to any Interest Period, the rate per annum equal to the Bank Xxxx Xxxx Reference Bid rate or a successor thereto approved by the Administrative Agent (“BBSY”) as published by Bloomberg (or such other page or commercially available source providing BBSY (Bid) quotations as may be designated by the Administrative Agent from time to time in its reasonable discretion) at or about 10:30 a.m. (Melbourne, Australia time) on the day that is two Term Benchmark Banking Days for AUD prior to the first day of the Interest Period (or if such day is not an Term Benchmark Banking Day for AUD, then on the immediately preceding Term Benchmark Banking Day for AUD) with a term equivalent to such Interest Period (the “AUD Screen Rate”). If the AUD Screen Rate shall be less than zero (0.00%), the AUD Rate shall be deemed to be zero (0.00%) for purposes of this Agreement.