European Interbank Market definition

European Interbank Market means the European interbank market for Euro operating in Participating Member States.
Sample 1Sample 2Sample 3
European Interbank Market means the European interbank market for Euro operating in Participating Member States. Default.”
Sample 1
European Interbank Market means the interbank market for Euros operating in Participating Member States; “Event of Default” means any of the events listed in Clause 22.1; “Facility” means the amount of up to Thirteen million Three hundred thousand Euros (€13,300,000) to be made available in up to two (2) Tranches to the Borrowers by the Banks pursuant to the terms of Clauses 2 and 3 or if the context may so require so much thereof as shall for the time being be outstanding to the Banks hereunder; “Final Availability Date” means 30th October 2007 (or such later date as the Agent may agree with the authorisation of the Banks);
Sample 1

Examples of European Interbank Market in a sentence

  • European Interbank Market shall mean the European interbank market for Euro operating in Participating Member States.

  • Relevant Interbank Market shall mean in relation to Euro, the European Interbank Market, in relation to Australian Dollars, the Australian Financial Markets Association, and, in relation to any other currency, the London interbank market or other applicable offshore interbank market.

  • As a first step towards understanding the mechanisms of direct contagion, the ESRB has analysed the structure and resilience of the European Interbank Market (Alves et al., 2013).

  • If such rate is not available, the arithmetic mean of the rates (rounded upwards to four decimal places) applied by banks with recognized international standing to leading banks in the European Interbank Market on the 1st of January and the 1st of July shall apply (provided that these shall be subject to any ceiling applicable under mandatory laws in force).

  • The Group’s net cash generated from investing activities of approximately S$8.1 million(1) was mainly due to the proceeds from the disposal of disposal group classified as held-for-sale of approximately S$13.0 million.

  • Relevant Interbank Market shall mean (a) in relation to the Euro, the European Interbank Market, (b) in relation to Swedish Krona, the Stockholm interbank market and (c) in relation to any other currency, the London interbank market.

  • Alves, I., et al., The Structure and Resilience of the European Interbank Market, in Occasional Paper Series Nº 3/2013.

  • R elevant Interbank Market shall mean in relation to Euro, the European Interbank Market, and, in relation to any other currency, the London interbank market or other applicable offshore interbank market.

  • To define this rate, the European Bank Federation (EBF) considers the interest rate verified in the European Interbank Market transactions by a se- lected group of banks (Rodriguez-Lopez et al., 2021) and calculates the average for different time horizons: a week, a month, and 3, 6 and 12 months.

Related to European Interbank Market

  • Relevant Interbank Market means the London interbank market.

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • Interbank Offered Rate means, for any Eurodollar Loan for any Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) appearing on Reuters Screen LIBO Page as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period; provided, however, if more than one rate is specified on Reuters Screen LIBO Page, the applicable rate shall be the arithmetic mean of all such rates (rounded upwards, if necessary, to the nearest 1/100 of 1%).

  • Adjusted London Interbank Offered Rate applicable to any Interest Period means a rate per annum equal to the quotient obtained (rounded upward, if necessary, to the next higher 1/100 of 1%) by dividing (i) the applicable London Interbank Offered Rate by (ii) 1.00 minus the Euro-Dollar Reserve Percentage.

  • Interbank Rate means, for any period, (a) in respect of Loans denominated in Dollars, the Federal Funds Effective Rate and (b) in respect of Loans denominated in any other currency, the Agent’s cost of funds for such currency (as reasonably determined by the Agent) for such period.

  • Index Currency means USD.

  • London Stock Exchange means London Stock Exchange plc;

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Designated LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no such currency is specified on the face hereof, United States dollars.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • the London Stock Exchange means London Stock Exchange plc;

  • Eurozone means the countries and territories listed in the Annex of Council Regulation (EC) No. 974/98 of 3 May 1998 on the introduction of the Euro, in its current version.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • London Inter-Bank Offered Rate means, for any applicable interest period, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as selected by the Bank from time to time) at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period, for U.S. Dollar deposits (for delivery on the first day of such interest period) with a term equivalent to such interest period. If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by the Bank. A “London Banking Day” is a day on which banks in London are open for business and dealing in offshore dollars.

  • Australian Dollar means the lawful currency of Australia.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.

  • Canadian Dollar means the lawful currency of Canada.

  • Japanese Yen means the lawful currency of Japan.

  • Hong Kong Dollar or “HK$” or “HKD” means the lawful currency for the time being and from time to time of Hong Kong.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • British Pounds Sterling means the lawful currency of the United Kingdom.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • Available Currency means Dollars.

  • Reference Currency means the currency specified as such in the applicable Final Terms.