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Interpolated Rate
Interpolated Rate contract clause examples

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

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

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

Interpolated Screen Rate” means, with respect to any LIBOR Borrowing denominated in any currency (other than U.S. Dollars) or any EURIBOR Borrowing, in each case for any Interest Period, a rate per annum which results from interpolating on a linear basis between # the applicable Screen Rate for the longest maturity for which a Screen Rate is available that is shorter than such Interest Period and # the applicable Screen Rate for the shortest maturity for which a Screen Rate is available that is longer than such Interest Period, in each case as of the Specified Time on the Quotation Day; provided, that if any Interpolated rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

Interpolated Screen Rate” shall mean, with respect to any LIBOR Borrowing denominated in any Currency, any EURIBOR Borrowing or any TIBOR Borrowing, in each case for any Interest Period or [clause (c)] of the definition of Alternate Base Rate, a rate per annum that results from interpolating on a linear basis between # the applicable Screen Rate for the longest maturity for which a Screen Rate is available that is shorter than the applicable period and # the applicable Screen Rate for the shortest maturity for which a Screen Rate is available that is longer than the applicable period, in each case as of the time the Interpolated Screen Rate is required to be determined in accordance with the other provisions hereof; provided that if such rate would be less than zero, such rate shall be deemed to be zero.

Interpolated Screen Rate” means, with respect to any Eurodollar Borrowing for any Interest Period or clause (c) of the definition of “Base Rate”, a rate per annum which results from interpolating on a linear basis between # the applicable LIBOR Screen Rate for the longest maturity for which a LIBOR Screen Rate is available that is shorter than such Interest Periodthe applicable period and # the applicable LIBOR Screen Rate for the shortest maturity for which a LIBOR Screen Rate is available that is longer than such Interest Periodthe applicable period, in each case at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, as of the time such rate is required to be determined in accordance with the provisions hereof.

Interpolated Screen Rate” means # with respect to any LIBOR Rate Loan for any Interest Period, a rate per annum which results from interpolating on a linear basis between # the applicable Screen Rate for the longest maturity for which a Screen Rate is available that is shorter than such Interest Period and # the applicable Screen Rate for the shortest maturity for which a Screen Rate is available that is longer than such Interest Period, in each case as of 11:00 a.m. (London time) two (2) Business Days prior to the commencement of such Interest Period and # with respect to any Base Rate Loan for any day, a rate per annum which results from interpolating on a linear basis between # the applicable Screen Rate for the longest maturity for which a Screen Rate is available that is shorter than one month and # the applicable Screen Rate for the shortest maturity for which a Screen Rate is available that is longer than one month, in each case as of 11:00 a.m. (London time) on such date of determination, or, if such date is not a Business Day, then the immediately preceding Business Day.

Interpolated Screen Rate” means in relation to the LIBOR Rate for any Loan, the rate per annum determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: # the rate as displayed on the applicable Bloomberg page (or on any successor or substitute page or service providing quotations of interest rates applicable to Dollar deposits in the London interbank market comparable to those currently provided on such page, as determined by the Administrative Agent from time to time; in each case the “Screen Rate”) for the longest period (for which that Screen Rate is available) that is shorter than the applicable Interest Period and # the Screen Rate for the shortest period (for which that Screen Rate is available) that exceeds such Interest Period, in each case, at approximately 11:00 a.m., London time, on the Quotation Day for such Interest Period.

Interpolated Screen Rate” means, with respect to any Eurodollar Borrowing for any Interest Period or clause (c) of the definition of “Base Rate”, a rate per annum which results from interpolating on a linear basis between # the LIBOR Screen Rate for the longest maturity for which a LIBOR Screen Rate is available that is shorter than the applicable period and # the LIBOR Screen Rate for the shortest maturity for which a LIBOR Screen Rate is available that is longer than the applicable period, in each case, as of the time such rate is required to be determined in accordance with the provisions hereof.

Interpolated Rate” means, at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as the LIBO Screen Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: # the LIBO Screen Rate for the longest period (for which the LIBO Screen Rate is available) that is shorter than the Impacted Interest Period and # the LIBO Screen Rate for the shortest period (for which the LIBO Screen Rate is available) that exceeds the Impacted Interest Period, in each case, at such time; provided that if any Interpolated Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

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