Relevant Screen Rate definition

Relevant Screen Rate means (a) with respect to any Borrowing denominated in Dollars, the Term SOFR Screen Rate, (b) with respect to any Borrowing denominated in CAD, the CAD Screen Rate, (c) with respect to any Borrowing denominated in Euros, the EURIBO Screen Rate, (d) with respect to any Borrowing denominated in AUD, the AUD Screen Rate and (e) with respect to any Borrowing denominated in JPY, the TIBOR Screen Rate.

Relevant Screen Rate means, in relation to a Series of Securities, the relevant screen rate set out in the Issue Terms where Screen Rate Determination is specified as applicable.

Relevant Screen Rate means (i) with respect to any Eurodollar Borrowing denominated in Dollars, the LIBO Screen Rate or (ii) with respect to any CDOR Rate Borrowing denominated in Canadian Dollars, the CDOR Screen Rate, as applicable.

Examples of Relevant Screen Rate in a sentence

• The Term Advance Rates of Interest for the first Interest Period shall be the aggregate of (a) the Relevant Margin and (b) the Initial Relevant Screen Rate or, if the Initial Relevant Screen Rate is unavailable, the linear interpolation of the arithmetic mean of such offered quotations for two-month sterling deposits and the arithmetic mean of such offered quotations for three-month sterling deposits (rounded upwards, if necessary, to five decimal places).

• If the Relevant Screen Rate is unavailable, the Agent Bank will request the principal London office of each of the Reference Banks to provide the Agent Bank with its offered quotation to leading banks for the relevant Quotation Deposits for the relevant Quotation Period in the relevant Quotation Market as at or about the relevant Quotation Time on such Interest Determination Date.

• The Term Advance Rates of Interest for the first Interest Period shall be the aggregate of (a) the Relevant Margin and (b) the Initial Relevant Screen Rate or, if the Initial Relevant Screen Rate is unavailable, the linear interpolation of the arithmetic mean of such offered quotations for two-week sterling deposits and the arithmetic mean of such offered quotations for one-month sterling deposits (rounded upwards, if necessary, to five decimal places).

• If the Initial Relevant Screen Rate is unavailable, the Agent Bank will request the principal London office of each of the Reference Banks to provide the Agent Bank with its offered quotations to leading banks for two-month and three-month sterling deposits of (pound)10,000,000, in the London inter-bank market as at or about 11.00 a.m. (London time) on such Closing Date.

• If the Initial Relevant Screen Rate is unavailable, the Agent Bank will request the principal London office of each of the Reference Banks to provide the Agent Bank with its offered quotations to leading banks for three-month and four-month sterling deposits of {pound-sterling}10,000,000, in the London inter-bank market as at or about 11.00 a.m. (London time) on such Closing Date.

More Definitions of Relevant Screen Rate

Relevant Screen Rate means (a) with respect to any Borrowing denominated in Dollars, the Term SOFR Screen Rate, (b) with respect to any Borrowing denominated in CAD, the CAD Screen Rate, (c) with respect to any Borrowing denominated in Euros, the EURIBO Screen Rate, (d) with respect to any Borrowing denominated in AUD, the AUD Screen Rate, (e) with respect to any Borrowing denominated in JPY, the TIBOR Screen Rate, (f) with respect to any Borrowing denominated in SEK, the XXXXXX Screen Rate and (g) with respect to any Borrowing denominated in NZD, the BKBM Screen Rate.

Relevant Screen Rate means (i) with respect to any Eurocurrency Borrowing denominated in Dollars, the LIBOR Screen Rate, (ii) with respect to any Eurocurrency Borrowing denominated in euro, the EURIBOR Screen Rate and (iii) with respect to any Eurocurrency Borrowing denominated in Japanese Yen, the TIBOR Screen Rate, as applicable.

Relevant Screen Rate. (i) with respect to any Eurocurrency Loan denominated in Dollars, the Screen Rate or (ii) with respect to any Eurocurrency Loan denominated in Euros, the EURIBOR Screen Rate.

Relevant Screen Rate with respect to any Term Benchmark Borrowing denominated in Dollars, the Term SOFR Reference Rate.

Relevant Screen Rate means (i) with respect to any Eurocurrency Borrowing denominated in an Agreed Currency (other than Euros), the LIBO Screen Rate or (ii) with respect to any Eurocurrency Borrowing denominated in Euros, the EURIBOR Screen Rate, as applicable.

Relevant Screen Rate means, in respect of a Loan Tranche:

Relevant Screen Rate means (i) with respect to any Eurodollar Borrowing, the LIBO Screen Rate or (ii) with respect to any CDOR Borrowing, the CDOR Screen Rate.