“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” when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the EURIBOR Rate.
“EURIBOR Rate” means, with respect to any Term Benchmark Borrowing denominated in Euros and for any Interest Period, the EURIBOR Screen Rate two (2) TARGET Days prior to the commencement of such Interest Period.
“EURIBOR Screen Rate” shall having the meaning specified in the definition of “Eurocurrency Rate”.
“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 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 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.
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.
Reference Bank Rate: If no Screen Rate is available for LIBOR or, if applicable, EURIBOR for:
“Screen Rate” means the LIBOR Screen Rate, the EURIBOR Screen Rate, the AUD Screen Rate, and the CDOR Screen Rate, collectively and individually as the context may require.
The Revolving Loans comprising each EURIBOR Borrowing shall bear interest at the Adjusted EURIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.
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, # Pounds Sterling, a rate equal to the difference (which may be a positive or negative value or zero) of # the average of SONIA for the five most recent SONIA Business Days preceding such day for which SONIA was available (excluding, from such averaging, the highest and the lowest SONIA applicable during such period of five SONIA Business Days) minus # the Central Bank Rate in respect of Sterling in effect on the last SONIA Business Day in such period, and # any other Foreign Currency determined after the Amendment No. 1 Effective Date, a Central Bank Rate Adjustment as determined by the Administrative Agent in its reasonable discretion. 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 the applicable Agreed Currency for a maturity of one month (or, in the event the EURIBOR Screen Rate for deposits in Euro is not available for such maturity of one month, shall be based on the EURIBOR Interpolated Rate as of such time).
“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is Eurodollar Rate, (London time) on the day that is two London banking days preceding the date of such setting, # if such Benchmark is EURIBOR Rate, Brussels time two TARGET Days preceding the date of such setting or # if such Benchmark is none of the Eurodollar Rate, the EURIBOR Rate, the time determined by the Administrative Agent in its reasonable discretion.
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