Examples of Interpolated Screen Rate in a sentence
Interpolated Screen Rate means, in relation to PRIBOR, the rate (rounded to the same number of decimal places as the two relevant Screen Rates) which results from interpolating on a linear basis between: (a) the applicable Screen Rate for the longest period (for which that Screen Rate is available) which is less than the relevant six month period; and(b) the applicable Screen Rate for the shortest period (for which that Screen Rate is available) which exceeds the relevant six month period.
Interpolated Screen Rate: 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.
If no Screen Rate is available for 3 month EURIBOR and it is not possible to calculate the Interpolated Screen Rate on an Interest Determination Date, the applicable EURIBOR shall be the Reference Bank Rate as defined in this Condition 2.2(c).
If no Screen Rate is available on an Interest Determination Date for 3 month EURIBOR, the applicable EURIBOR shall be the Interpolated Screen Rate.
If, as to any currency, no [[NYCORP:3493733v14:3138D: 11/19/2014--06:51 PM]] Screen Rate shall be available for a particular Interest Period but Screen Rates shall be available for maturities both longer and shorter than such Interest Period, than the Screen Rate for such Interest Period shall be the Interpolated Screen Rate.