Example ContractsClausesEuribor
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EURIBOR Rate” means, with respect to any Loan denominated in Euros and for any Interest Period, the EURIBOR Screen Rate, two TARGET Days prior to the commencement of such Interest Period; provided that, if the EURIBOR Screen Rate shall not be available at such time for such Interest Period (an “Impacted EURIBOR Rate Interest Period”) with respect to Euros then the EURIBOR Rate shall be the EURIBOR Interpolated Rate.

Floor” means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the Adjusted EURIBOR Rate, EURIBOR Rate, EURIBOR Interpolated Rate or the Central Bank Rate, as applicable. For the avoidance of doubt the initial Floor for each of Adjusted EURIBOR Rate, EURIBOR Rate, EURIBOR Interpolated Rate or the Central Bank Rate shall be 0.0%.

Impacted EURIBOR Rate Interest Period” is defined in the definition of “EURIBOR Rate”.

"EURIBOR Screen Rate" has the meaning set forth in the definition of "EURIBOR Rate".

Relevant Rate” means # with respect to any Eurodollar Borrowing denominated in Dollars, the Eurodollar Rate and # with respect to any EURIBOR Borrowing denominated in Euros, the EURIBOR Rate.

LIBOR, or in relation to any Loan in euro, EURIBOR.

Central Bank Rate Adjustment” means, for any day, a rate equal to the difference (which may be a positive or negative value or zero) of # the average of the Adjusted EURIBOR Rate for the five most recent Business Days preceding such day for which the EURIBOR Screen Rate was available (excluding, from such averaging, the highest and the lowest Adjusted EURIBOR Rate applicable during such period of five Business Days) minus # the Central Bank Rate in respect of Euro in effect on the last Business Day in such period. For purposes of this definition, # the term Central Bank Rate shall be determined disregarding clause (B) of the definition of such term and # the EURIBOR Rate on any day shall be based on the EURIBOR Screen Rate, on such day at approximately the time referred to in the definition of such term for deposits in Euros for a maturity of one month.

EURIBOR” has the meaning specified in the definition of Eurocurrency Rate.

Interpolated Screen Rate: If no Screen Rate is available for LIBOR or, if applicable, EURIBOR for the Interest Period of a Loan, the applicable LIBOR or EURIBOR shall be the Interpolated Screen Rate for a period equal in length to the Interest Period of that Loan.

The Loans comprising each EURIBOR Borrowing shall bear interest at the EURIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.

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