Common use of Available Tenor Clause in Contracts

Available Tenor. As of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if such Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant to this Agreement or (y) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with reference to such Benchmark pursuant to this Agreement, in each case, as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then removed from the definition of “Accrual Period” pursuant to Section 2.17(c).

Available Tenor. As of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if such the then-current Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period Interest Period pursuant to this Agreement Agreement, or (y) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with reference to such Benchmark pursuant to this Agreement, in each case, as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then then-removed from the definition of “Accrual Interest Period” pursuant to Section 2.17(c§4.16(d).

Available Tenor. As as of any date of determination and with respect to the then-current Benchmark, as applicable, (xa) if such Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period Interest Period pursuant to this Agreement or (yb) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with reference to such Benchmark pursuant to this AgreementBenchmark, in each case, as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then then-removed from the definition of “Accrual Interest Period” pursuant to Section 2.17(c)2.17.2.