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, (a) if the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period or (b) otherwise, any payment period for interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date.

Appears in 1 contract

Samples: Loan and Security Agreement (Summit Midstream Partners, LP)

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Available Tenor. as As of any date of determination and with respect to the then-current Benchmark, as applicable, (ax) if the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period or (by) otherwise, any payment period for interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date.

Appears in 1 contract

Samples: Credit Agreement (Boston Properties LTD Partnership)

Available Tenor. as of any date of determination and with respect to the then-current Benchmark, as applicable, (a) if the then-current such Benchmark is a term rate, any tenor for such the Benchmark that is or may be used for determining the length of an Interest Period Period; or (b) otherwise, any payment period for interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date.. ​

Appears in 1 contract

Samples: Loan and Security Agreement (Adara Acquisition Corp.)

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Available Tenor. as As of any date of determination and with respect to the then-current Benchmark, as applicable, (ax) if the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period interest period or (by) otherwise, any payment period for interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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