Successor Benchmark Rate definition

Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is formally recommended by any Relevant Nominating Body.

Successor Benchmark Rate shall have the meaning provided in Section 2.10(d).

Successor Benchmark Rate means a suc- cessor to or replacement of the Original Benchmark Rate which is formally recom- mended by any Relevant Nominating Body.

Examples of Successor Benchmark Rate in a sentence

• Falls der Unabhängige Berater nach billigem Ermessen feststellt,(iii) Successor Benchmark Rate or Alternative Benchmark Rate.

• If the Issuer determines in its reasonable discretion that there is a Successor Benchmark Rate (as defined in § 3(4)(d)(vi)), then the Issuer shall determine in its reasonable discretion such Successor Benchmark Rate, the Adjustment Spread (as defined in § 3(4)(d)(vi)) and any Benchmark Amendments (in accordance with § 3(4)(d)(iv)) as soon as this is (in the Issuer's view) required following the occurrence of the Benchmark Event and prior to the next Reset Determination Date.

• If the Issuer determines in its reasonable discretion that there is no Successor Benchmark Rate but that there may be an Alternative Benchmark Rate (as defined in § 3(4)(d)(vi)), then the Issuer shall endeavour to appoint an Independent Adviser, who will determine the Alternative Benchmark Rate, the Adjustment Spread and any Benchmark Amendments.

• Although belonging to the Euro-Siberian biogeographic region, continental Croatia is a part of the special Illyrian Floristic Province which encompasses most of South-Eastern Europe (Takhtajan 1986).

• Falls der Unabhängige Berater nach billigem Ermessen feststellt, (iii) Successor Benchmark Rate or Alter- native Benchmark Rate.

More Definitions of Successor Benchmark Rate

Successor Benchmark Rate has the meaning specified in the definition of “Eurocurrency Rate”.

Successor Benchmark Rate has the meaning assigned to such term in Section 2.14(b).

Successor Benchmark Rate means a successor to or replacement of the Origi- nal Benchmark Rate which is formally recommended by any Relevant Nominat- ing Body.

Successor Benchmark Rate has the meaning specified in Section 2.08(g).

Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is for- mally recommended by any Relevant Nominating Body.

Successor Benchmark Rate means an industry benchmark rate that is comparable to LIBOR and generally accepted in the financial markets as the sole or predominant replacement benchmark to LIBOR.

Successor Benchmark Rate as defined in Section 1.6.