Compounded in Arrears. If clause 3.3 above applies but it is not possible to calculate the Interpolated Historic Term SOFR for the Interest Period of the Floating Rate Loan then the Reference Rate shall not apply for the Floating Rate Loan or that part of the Floating Rate Loan (as applicable) and instead interest shall be determined by reference to the Compounded Reference Rate and the provisions of clause 4 will apply in respect of the Floating Rate Loan or the relevant part of the Floating Rate Loan (as applicable).
Appears in 4 contracts
Samples: Credit Agreement (Royal Caribbean Cruises LTD), Royal Caribbean Cruises LTD, Royal Caribbean Cruises LTD
