Common use of Central Bank Rate Adjustment Clause in Contracts

Central Bank Rate Adjustment. In relation to the Central Bank Rate prevailing at close of business on any US Government Securities Business Day, the 20 per cent trimmed arithmetic mean (calculated by the Facility Agent) of the Central Bank Rate Spreads for the five (5) most immediately preceding US Government Securities Business Days for which the RFR was available.

Appears in 4 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Royal Caribbean Cruises LTD, Royal Caribbean Cruises LTD

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