Term Reference Rate means, in relation to a Term Rate Loan:
Term Reference Rate means, in relation to a Loan:
Term Reference Rate means in relation to any USD Term Rate Note, the aggregate of:
Examples of Term Reference Rate in a sentence
If paragraph 13.1.2 above applies but no Reference Bank Rate is available for the relevant currency or Interest Period there shall be no Term Reference Rate for that Term Rate Loan and Clause 13.5 (Cost of funds) shall apply to that Term Rate Loan for that Interest Period.
Term Rate Loans 13.2.1 Subject to paragraph 13.2.2, if the Term Reference Rate is to be determined on the basis of a Reference Bank Rate but a Reference Bank does not supply a quotation by the Specified Time, the Reference Bank Rate shall be calculated on the basis of the quotations of the remaining Reference Banks.
If paragraph (a) above applies but it is not possible to calculate the Interpolated Primary Term Rate, the Interest Period of the Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable Term Reference Rate shall be determined pursuant to the definition of "Term Reference Rate".
More Definitions of Term Reference Rate
Term Reference Rate means, in relation to a Term Rate Loan: (a) the applicable Primary Term Rate as of the Quotation Time for a period equal in length to the Interest Period of that Loan; or (b) as otherwise determined pursuant to Clause 11.1 (Interest calculation if no Primary Term Rate), and if, in either case, that rate is less than zero, the Term Reference Rate shall be deemed to be zero. "Termination Date" means subject to Clause 7.2 (Extension option), the fifth anniversary of the date of this Agreement. "Total Commitments" means, subject to any increase pursuant to Clause 2.3 (Increase – Accordion Option), the aggregate of the Commitments, being US$1,200,000,000 at the date of the Amendment and Restatement Agreement. "Transfer Certificate" means a certificate substantially in the form set out in Schedule 4 (Form of Transfer Certificate) or any other form agreed between the Agent and the Parent. "Transfer Date" means, in relation to an assignment or a transfer: (a) the proposed Transfer Date specified in the relevant Assignment Agreement or Transfer Certificate; or (b) in the event that no Transfer Date is specified in the relevant Assignment Agreement or Transfer Certificate, the date on which the Agent executes the relevant Assignment Agreement or Transfer Certificate. "Unpaid Sum" means any sum due and payable but unpaid by an Obligor under the Finance Documents. "US" means the United States of America. "Utilisation" means a utilisation of the Facility. "Utilisation Date" means the date of a Utilisation, being the date on which the relevant Loan is to be made. "Utilisation Request" means a notice substantially in the form set out in Schedule 3 (Utilisation Request). 25 "VAT" means value added tax as provided for in the Value Added Tax Act 1994 and any other tax of a similar nature. 1.2
Term Reference Rate means the aggregate of Term SOFR and the USD Credit Adjustment Spread.
Term Reference Rate means, in relation to a Term Rate Loan, the applicable Term SOFR as of the Specified Time and for a period equal in length to the Interest Period of that Term Rate Loan and, if that rate is less than zero, the Term Reference Rate shall be deemed to be zero.
Term Reference Rate means, in relation to a Term Rate Loan: (a) the applicable Primary Term Rate as of the Quotation Time for a period equal in length to the Interest Period of that Loan; or (b) as otherwise determined pursuant to Clause 11.1 (Interest calculation if no Primary Term Rate), and if, in either case, that rate is less than zero, the Term Reference Rate shall be deemed to be zero. "Termination Date" means the date which is five years after the Signing Date, as may be extended pursuant to and in accordance with Clause 2.6 (Extension of the Facility). "Total Commitments" means the aggregate of the Commitments, being EUR 407,000,000 on the Signing Date. "Transaction Information" means all documents and factual information concerning the Group which, at the Company's request and on its behalf, was prepared in relation to this transaction and distributed to the Arrangers before the Signing Date. "Transfer Agreement" means an agreement substantially in the form set out in Schedule 4 (Form of Transfer Agreement) or any other form agreed between the Agent and the Company. "Transfer Date" means, in relation to a transfer, the later of: (a) the proposed Transfer Date specified in the relevant Transfer Agreement; and (b) the date on which the Agent executes the Transfer Agreement. "Unpaid Sum" means any sum due and payable but unpaid by an Obligor under the Finance Documents. "U.S." or "United States" means the United States of America, its territories, possessions, any state of the United States and the District of Columbia.
Term Reference Rate means, in relation to a Term Rate Loan: (a) the applicable Screen Rate; or (b) as otherwise determined pursuant to Clause 13.1 (Interest calculation if no Screen Rate), and if, in either case, that rate is less than zero, the Term Reference Rate shall be deemed to be zero. “Termination Date” means the date falling on the fifth anniversary of the date of this Agreement. “Third Party Bilateral Facility Limit” means £10,000,000.00 (ten million pounds). “Total Commitments” means the aggregate of the Commitments, being £150,000,000 (150 million pounds) at the date of this Agreement.
Term Reference Rate means in relation to any Advance in euro, EURIBOR.
Term Reference Rate means:(a)in relation to any Term Rate Loan in USD, LIBOR;(b)in relation to any Term Rate Loan in euro, EURIBOR; or (c)in relation to any Term Rate Loan in CAD, CDOR.