“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%.
“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.
“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.
“EURIBOR” has the meaning specified in the definition of Eurocurrency Rate.
4 To be included for a Proposed Borrowing of Eurodollar Loans, EURIBOR Loans, Australian Bank Bill Rate Loans, and Canadian BA Rate Rate Loans.
“Central Bank Rate Adjustment” means for any day, for any Loan denominated in # Euro, 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
“Benchmark” means, initially, the Adjusted EURIBOR Rate; provided that if a Benchmark Transition Event, and the related Benchmark Replacement Date have occurred with respect to the Adjusted EURIBOR Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to [clause (b) of Section 2.9.2].
“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is EURIBOR Rate, 11:00 a.m. Brussels time two TARGET Days preceding the date of such setting or # if such Benchmark is not the EURIBOR Rate, the time determined by the Agent in its reasonable discretion.
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