Relevant Interbank Market definition

Relevant Interbank Market means the London interbank market.

Relevant Interbank Market means (a) with respect to any currency (other than Euros), the London interbank market and (b) with respect to Euros, the European interbank market.

Relevant Interbank Market means in relation to euro, the European interbank market and, in relation to any other currency, the London interbank market.

Examples of Relevant Interbank Market in a sentence

• Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.

• Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 365 days or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.

• Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and (i) in the case of an amount in GBP, a year of 360 days and (ii) in the case of an amount in JPY, a year of 365 1224235-v10\TOKDMS - 59 - days, or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.

• Dollars will constitute the Optional Currency in relation to a Loan if they are readily available in the amount required and freely convertible into the Base Currency in the Relevant Interbank Market on the Quotation Day and the Utilisation Date for that Loan.

• All interest (including default interest) shall accrue from day to day and shall be calculated on the basis of a year of 365 days or in the case where the practice of the Relevant Interbank Market changes, such number of days as is in accordance with that market practice and the actual number of days elapsed.

More Definitions of Relevant Interbank Market

Relevant Interbank Market means the European interbank market.

Relevant Interbank Market means the London interbank market;

Relevant Interbank Market means (a) with respect to any currency other than Euros, the London interbank market and (b) with respect to Euros, the European interbank market.

Relevant Interbank Market means the London interbank market or such other interbank market as may be applicable to any Facility to be drawn in an Available Currency.

Relevant Interbank Market means in relation to Euro or British Pounds Sterling, the London Interbank Market, and in relation to any other currencies, the applicable offshore interbank market. Notwithstanding the foregoing, the references to the currencies listed in this definition shall only apply if such currencies are or become available as Optional Currencies in accordance with the terms hereof.

Relevant Interbank Market means in relation to any currency other than Dollars, the applicable offshore interbank market.

Relevant Interbank Market means (a) with respect to any currency (other than Euros or Canadian Dollars), the London interbank market, (b) with respect to Euros, the European interbank market and (c) with respect to Canadian Dollars, the Toronto interbank market.