“Eurocurrency Rate” shall mean, for any Interest Period, with respect to a borrowing denominated in Euros, the greater of # the rate per annum equal to the Euro Interbank Offered Rate (“EURIBOR”) as administered by the European Money Markets Institute (or any other Person that takes over administration of such rate) for a period equal in length to such Interest Period, as displayed on the applicable Bloomberg page (or on any successor or substitute page or service providing such quotations as determined by the Multicurrency Administrative Agent from time to time; in each case, the “EURIBOR Screen Rate”) at approximately (Brussels time) three (3) Business Days prior to the commencement of such Interest Period and # 0.00%; and
“Eurocurrency Rate” shall mean,means, for any Interest Period,Period with respect to a borrowing denominated in Euros, the greater of #any Eurocurrency Rate Loan, the rate per annum equal to the Euro Interbank Offered Rate (“EURIBOR”) as administered by the European Money Markets Institute (or any other Person that takes over administration of such rate) for a period equal in length to such Interest Period, as displayedpublished on the applicableappropriate Bloomberg LIBOR page (or on any successor or substitute page of such service, or serviceany successor to or substitute for such service, providing rate quotations comparable to those currently provided on such quotationspage of such service, as determined by the Multicurrency Administrative Agent from time to time;time for purposes of providing quotations of interest rates applicable to Dollar deposits in each case, the “EURIBORLondon interbank market) (the “LIBOR Screen Rate”) at approximately (Brussels(London time) three (3), two Business Days prior to the commencement of such Interest Period, with a term equivalent to such Interest Period and # 0.or if such published rate is not available at such time for any reason, then the LIBOR rate for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the average (rounded to the nearest 1/16th of 1%) of the rates per annum at which Dollar deposits in an amount equal to the amount of such Eurocurrency Rate Loan are offered to major banks in the London interbank LIBOR market at approximately (London time), two Business Days prior to the commencement of such Interest Period. If any such rate when determined is less than 1.00%; and, such rate shall be deemed to be 1.00% for purposes of such determination.
“Eurocurrency Rate” shall mean,means for any Interest Period, with respectPeriod: # as to a borrowingany Eurocurrency Rate Loan denominated in Euros, the greater ofDollars, # the rate per annum equaldetermined by the Administrative Agent to be the Euro Interbank Offered Rate (“EURIBOR”) asoffered rate which appears on the page of the Reuters Screen which displays the London interbank offered rate administered by ICE Benchmark Administration Limited (such page currently being the European Money Markets Institute (or any other Person that takes over administration page) (the “US LIBO Rate”) for deposits (for delivery on the first day of such rate) forInterest Period) with a period equal in lengthterm equivalent to such Interest Period,Period in Dollars, determined as displayed on the applicable Bloomberg page (or on any successor or substitute page or service providing such quotations as determined by the Multicurrency Administrative Agent from time to time; in each case, the “EURIBOR Screen Rate”) atof approximately (Brussels(London, England time) three (3), two Business Days prior to the commencement of such Interest Period, or # in the event the rate referenced in the preceding [clause (i)] does not appear on such page or service or if such page or service shall cease to be available, the rate determined by the Administrative Agent to be the offered rate on such other page or other service which displays the US LIBO Rate for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period in Dollars, determined as of approximately (London, England time) two Business Days prior to the commencement of such Interest Period; provided that if US LIBO Rates are quoted under either of the preceding [clauses (i) or (ii)])], but there is no such quotation for the Interest Period elected, the US LIBO Rate shall be equal to the Interpolated Rate; provided, further, that if any such rate determined pursuant to the preceding [clauses (i) or (ii)])] is below zero, the Eurocurrency Rate will be deemed to be zero, # as to any Eurocurrency Rate Loan denominated in Euros, # the rate per annum determined by the Administrative Agent to be the offered rate which appears on the page of the Reuters Screen which displays the European interbank offered rate administered by the Banking Federation of the European Union (such page currently being the EURIBOR01) (the “EURIBO Rate”) for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period in Dollars, determined as of approximately (Brussels, Belgium time), two Business Days prior to the commencement of such Interest Period, or # in the event the rate referenced in the preceding [clause (i)] does not appear on such page or service or if such page or service shall cease to be available, the rate determined by the Administrative Agent to be the offered rate on such other page or other service which displays the EURIBO Rate for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period in Dollars, determined as of approximately (London, England time) two Business Days prior to the commencement of such Interest Period; provided that if EURIBO Rates are quoted under either of the preceding [clauses (i) or (ii)])], but there is no such quotation for the Interest Period elected, the EURIBO Rate shall be equal to the Interpolated Rate; provided, further, that if any such rate determined pursuant to the preceding [clauses (i) or (ii)])] is below zero, the Eurocurrency Rate will be deemed to be zero and # 0.00%; andas to any Eurocurrency Rate Loan denominated in an Alternative Currency other than Euros, # the rate per annum determined by the Administrative Agent to be the offered rate which appears on the page of the Reuters Screen which displays the London interbank offered rate administered by ICE Benchmark Administration Limited (the “Alternate Currency LIBO Rate”) for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period in such Alternate Currency, determined as of approximately (London, England time), two Business Days prior to the commencement of such Interest Period, or # in the event the rate referenced in the preceding [clause (i)] does not appear on such page or service or if such page or service shall cease to be available, the rate determined by the Administrative Agent to be the offered rate on such other page or other service which displays the Alternate Currency LIBO Rate for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period in such Alternate Currency, determined as of approximately (London, England time) two Business Days prior to the commencement of such Interest Period; provided that if Alternate Currency LIBO Rates are quoted under either of the preceding [clauses (i) or (ii)])], but there is no such quotation for the Interest Period elected, the Alternate Currency LIBO Rate shall be equal to the Interpolated Rate; provided, further, that if any such rate determined pursuant to the preceding [clauses (i) or (ii)])] is below zero, the Eurocurrency Rate will be deemed to be zero.
“Eurocurrency Rate” shall mean,means, for any Interest Period, with respect to a borrowing denominated in Euros,Period for each Eurocurrency Rate Advance comprising part of the greater of # thesame Revolving Credit Borrowing, an interest rate per annum equal to # for Dollars or any Committed Currency other than Euro, the Euro Interbank OfferedICE Benchmark Administration Limited LIBOR Rate (“EURIBOR”ICE LIBOR”), as administeredpublished by the European Money Markets InstituteReuters (or any other Person that takes over administrationanother commercially available source providing quotations of such rate) for a period equal in length to such Interest Period,ICE LIBOR as displayed on the applicable Bloomberg page (or on any successor or substitute page or service providing such quotations as determineddesignated by the Multicurrency Administrative Agent with notice to the from time to time;time) as the London interbank offered rate for deposits in each case,Dollars or the “EURIBOR Screen Rate”)applicable Committed Currency at approximately (Brussels(London time) three (3)two Business Days prior to the commencementfirst day of such Interest Period for a term comparable to such Interest Period or, if for any reason such rate is not available for the applicable Interest Period but is available for periods that are shorter than and longer than such Interest Period, the rate per annum that results from interpolating on a linear basis between the rate for the longest available period that is shorter than such Interest Period and the shortest available period that is longer than such Interest Period with respect to such Eurocurrency Rate Advance, then the Eurocurrency Rate shall be such interpolated screen rate or # 0.00%; andfor Euro, the EURIBO Rate; provided, that if the Eurocurrency Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement.
“EurocurrencyEURIBO Rate” shall mean, formeans, with respect to any Interest Period, with respect to a borrowing denominated in Euros, the greater of # the rate per annum equal to the Euro Interbank Offered Rate (“EURIBOR”)interbank offered rate as administered by the European Money Markets Institute (or any other Person that takes over the administration of such rate) for a perioddeposit in Euro with a tenor equal in length to such Interest Period, as displayed on the applicable Bloomberg screen page (orthat displays such rate or, in the event such rate does not appear on any successor or substitutea page orof the Bloomberg screen, on the appropriate page of such other information service providingthat publishes such quotationsrate as determinedshall be selected by the Multicurrency Administrative Agent from time to time;time in each case,its reasonable discretion (such applicable rate being called the “EURIBOR“Euro Screen Rate”), at approximately (Brussels time) three (3) Business, Brussels time, two TARGET Days prior to the commencement of such Interest Period and # 0.00%; andPeriod.
“Eurocurrency Rate” shall mean,means, with respect to any Eurocurrency Rate Loans denominated in any Approved Currency, for any Interest Period, with respect to a borrowing denominated in Euros, the greater of # the rate per annum equal to the Euro Interbank OfferedLIBO Screen Rate (“EURIBOR”) as administered by the European Money Markets Institute (or any other Person that takes over administration of such rate) for a period equal in length to such Interest Period, as displayed on the applicable Bloomberg page (or on any successor or substitute page or service providing such quotations as determined by the Multicurrency Administrative Agent from time to time; in each case, the “EURIBOR Screen Rate”) at approximately (Brussels time) three (3), London time, two (2) Business Days prior to the commencement of such Interest Period; provided that, to the extent that an interest rate is not ascertainable pursuant to the foregoing provisions of this definition, the “Eurocurrency Rate” shall be the interest rate per annum determined by the Administrative Agent to be the actual rate per annum at which deposits in such Approved Currency are offered for such relevant Interest Period to major banks in the London interbank market in London, England by the Administrative Agent at approximately (London time) on the date that is two (2) Business Days prior to the beginning of such Interest Period. Notwithstanding the foregoing, # solely with respect to the Revolving Credit Commitments, the Eurocurrency Rate in respect of any applicable Interest Period will be deemed to be zero if the Eurocurrency Rate for such Interest Period calculated pursuant to the foregoing provisions would otherwise be less than zero and # solely with respect to the Extended Term Loans and the Third Incremental Term Loans, the Eurocurrency Rate in respect of any applicable Interest Period will be deemed to be 0.00%; and50% if the Eurocurrency Rate for such Interest Period calculated pursuant to the foregoing provisions would otherwise be less than 0.50%.
“Eurocurrency Base Rate” shall mean, for any Interest Period,means, with respect to a borrowing denominated in Euros,Eurocurrency Rate Advance for the relevant Interest Period, the greater of zero and # in the case of any Eurocurrency Rate Advance denominated in Dollars, the rate per annum equal to the London interbank offered rate as displayed on the applicable Reuters screen page (or, in the event such rate does not appear on a Reuters page or screen, 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 from time to time as selected by the Administrative Agent in its reasonable discretion; in each case the “LIBO Screen Rate”) at approximately , London time, two Business Days prior to the commencement of such Interest Period with a term equivalent to such Interest Period and # in the case of a Eurocurrency Rate Advance denominated in Euro, the rate per annum equal to the Euro Interbank Offered Rate (“EURIBOR”), as administereddisplayed (before any correction, recalculation or republication by the European Money Markets Institute (or any other Person that takes over administration of such rate) for a period equal in length to such Interest Period, as displayedadministrator) on the applicable BloombergReuters screen page (or(or, in the event such rate does not appear on a Reuters page or screen, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information service providingthat publishes such quotations as determined by the Multicurrency Administrative Agentrate from time to time;time as selected by the Administrative Agent in its reasonable discretion; in each case,case the “EURIBOR“EURIBO Screen Rate”) at approximately (Brussels time) three (3), Brussels time, two Business Days prior topreceding the commencementfirst day of such Interest Period and # 0.00%; andwith a term equivalent to such Interest Period; provided that if the Applicable Screen Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Credit Agreement; provided further that if the Applicable Screen Rate shall not be available at such time for such Interest Period (an “Impacted Interest Period”) with respect to such Agreed Currency then the Eurocurrency Base Rate shall be the Interpolated Rate; provided that if any Interpolated Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Credit Agreement.
“EurocurrencyEURIBO Rate” shall mean,means, for any Interest Period, with respect to a borrowingin the case of any Term Benchmark Borrowing denominated in Euros, the greater of # the rate per annum equal toEuro, the Euro Interbank Offered Rate (“EURIBOR”) asinterbank offered rate administered by the European Money Markets Institute (or any other Person that takes over the administration of such rate) for a periodterm equal in length to suchthe term of the relevant Interest Period, as displayedPeriod appearing on the applicable Bloomberg screen page (or(currently EURIBOR01) (or, in the event such rate does not appear on any successor or substitutea page orof the Bloomberg screen, on the appropriate page of such other information service providingthat publishes such quotationsrate as determinedshall be selected by the Multicurrency Administrative Agent from time to time;time in each case, the “EURIBOR Screen Rate”)its reasonable discretion) at approximately (Brussels time) three (3), on such date, or if such date is not a Business Days prior toDay, on the commencement of such Interest Period and # 0.00%; andimmediately preceding Business Day (the “EURIBO Screen Rate”).
“EurocurrencyEURIBO Rate” shall mean,means, for any Interest Period, with respect to a borrowing denominated in Euros, the greater of # theeuro interbank offered rate per annum equal to the Euro Interbank Offered Rate (“EURIBOR”) as administered by the European Money Markets Institute (or any other Person thatperson which takes over the administration of suchthat rate) for athe relevant period equal in length to such Interest Period, as displayed (before any correction, recalculation or republication by the administrator) on the applicable Bloomberg pagescreen (or on any successor to or substitute page or servicefor Bloomberg, providing suchrate quotations comparable to those provided by Bloomberg on the Closing Date, as determined by the Multicurrency Administrative Agent from time to time;time for purposes of providing quotations of interest rates for the offering of deposits in each case, the “EURIBOR Screen Rate”) at approximatelyeuro) as of (Brussels time) three (3)on the date two Business Days prior to the commencementfirst day of such Interest Period and # 0.00%; andfor a term comparable to such Interest Period; provided that, if the EURIBO Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement.
“EurocurrencyEURIBO Rate” shall mean,means for any Interest Period, with respect to a borrowing denominated in Euros, the greaterPeriod of EURIBO Rate Loans, # the rate per annum equaldetermined by the Administrative Agent to be the Euro Interbank Offered Rate (“EURIBOR”) asoffered rate which appears on the page of the Reuters Screen which displays the European interbank offered rate administered by the Banking Federation of the European Money Markets Institute (or any other Person that takes over administrationUnion (such page currently being the EURIBOR01) (the “EURIBO Screen Rate”) for deposits (for delivery on the first day of such rate) forInterest Period) with a period equal in lengthterm equivalent to such Interest Period,Period in Dollars, determined as displayed on the applicable Bloomberg page (or on any successor or substitute page or service providing such quotations as determined by the Multicurrency Administrative Agent from time to time; in each case, the “EURIBOR Screen Rate”) atof approximately (Brussels(Brussels, Belgium time) three (3), two Business Days prior to the commencement of such Interest Period, or # in the event the rate referenced in the preceding [clause (i)] does not appear on such page or service or if such page or service shall cease to be available, the rate determined by the Administrative Agent to be the offered rate on such other page or other service which displays the EURIBO Screen Rate for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period and # 0.00%; andin Dollars, determined as of approximately (London, England time) two Business Days prior to the commencement of such Interest Period; provided that if EURIBO Screen Rates are quoted under either of the preceding [clauses (i) or (ii)])], but there is no such quotation for the Interest Period elected, the EURIBO Screen Rate shall be equal to the Interpolated Rate; provided, further, that if any such rate determined pursuant to the preceding [clauses (i) or (ii)])] is below zero, the EURIBO Rate will be deemed to be zero.
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