Applicable Index definition

Applicable Index means with respect to each Class of Notes (other than the Class A-IO Notes), One-Month LIBOR; provided, however, with respect to the initial Interest Period, the Applicable Index shall be determined by the following formula: X + 6/30 * (Y-X) Where: X = Two-Month LIBOR, and Y = Three-Month LIBOR, in each case, as of the second Business Day before the start of the initial Interest Period.

Applicable Index means, (i) with respect to Broadly Syndicated Loan Assets, the S&P/LSTA U.S. Leveraged Loan 100 Index, and (ii) with respect to Middle Market Loan Assets, the S&P/LSTA Middle Market Leveraged Loan Index; or, if either such index is unavailable, such other recognized metric or determination method proposed by the Administrative Agent and consented to by the Servicer (such consent not to be unreasonably withheld).

Applicable Index means, with respect to (a) Dollar Advances, LIBOR (Dollar), (b) with respect to GBP Advances, LIBOR (GBP), (c) with respect to Euro Advances, EURIBOR and (d) with respect to CDOR Advances, CDOR or, in each case, any other successor index pursuant to the terms of this Agreement.

Examples of Applicable Index in a sentence

• Non-Reliance: Applicable Agreements and Acknowledgements Regarding Hedging Activities: Applicable Additional Acknowledgements: Applicable Index Disclaimer: Applicable Settlement This Transaction has been entered into by a member of the UBS group ("UBS Party").

• When there are only two Participants there is no explicit settlement for tranmission as the surplus Participant receives the higher of the two Subregions’ Applicable Index Price.

• The 'Index' that will be used each month to determine the applicable interest rate for the following month is identified at the top of this Note ( under the heading 'Applicable Index') and shall be either the ( i ) 30-Day Average SOFR Index, or (ii ) the One-Month CME Term SOFR Index, each as described below.

• For the avoidance of doubt, an “Index Transition Event” will be deemed to have occurred with respect to any Applicable Index if a public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such Applicable Index (or the published component used in the calculation thereof).

• Where the surplus Participant and deficient Participant are located in the same Subregion, the Applicable Index Price shall be the price index specified above for that Subregion.

More Definitions of Applicable Index

Applicable Index means, (a) with respect to a LIBOR Transaction, LIBOR and (b) with respect to an Alternative Rate Transaction, the Alternative Rate.

Applicable Index means with respect to each Class of Notes (other than the Class A-IO Notes), One-Month LIBOR; provided, however, with respect to the initial Interest Period, the Applicable Index shall be determined by the following formula: X + [13/31] * (Y-X) Where: X = Two-Month LIBOR, and Y = Three-Month LIBOR, in each case, as of the second Business Day before the start of the initial Interest Period.

Applicable Index for the Performance Period means the applicable index or the comparison group of peer companies selected by the Committee.

Applicable Index means “USISSO01 Index,” “USISSO02 Index,” “USISSO05 Index,” “USISSO10 Index,” “USISSO20 Index,” “USISSO30 Index,” and/or any other designation specified in the applicable supplement to be an “Applicable Index.”

Applicable Index has the meaning given to it in paragraph 6.2(a) of Appendix 2 (Agreement or Determination of Baseline Inputs and Change Inputs) to Schedule 9.1 (Financial and Other Consequences of Change);

Applicable Index means (i) initially, with respect to (a) Dollar Advances, LIBOR (Dollar), (b) with respect to GBP Advances, LIBOR (GBP), (c) with respect to Euro Advances, EURIBOR, (d) with respect to CDOR Advances, CDOR and (e) with respect to AUD Advances, BBSW and (ii) on and after an Index Transition Date, the Index Replacement in effect on such Index Transition Date.

Applicable Index shall have the meaning set forth in the Fee Letter.