Common use of EURIBOR Determination; Replacement Reference Banks Clause in Contracts

EURIBOR Determination; Replacement Reference Banks. (a) Where the Floating Rate applies in respect of any Funded Loan Portion, the determination of EURIBOR made by the Funding Entity pursuant to the Funding Agreement as notified to the Borrower by the Facility Agent shall be applicable for the purposes of this Agreement.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

EURIBOR Determination; Replacement Reference Banks. (a) Where the Floating Rate applies in respect of any Funded Loan PortionPortion (including any drawn portion of the Deferred Tranche), the determination of EURIBOR made by the Funding Entity pursuant to the Funding Agreement as notified to the Borrower by the Facility Agent shall be applicable for the purposes of this Agreement.

Appears in 2 contracts

Samples: Subordination Agreement (Royal Caribbean Cruises LTD), Facility Agreement (Royal Caribbean Cruises LTD)

AutoNDA by SimpleDocs

EURIBOR Determination; Replacement Reference Banks. (a) Where the Floating Rate applies in respect of any Funded Loan PortionPortion (including any drawn portion of the Deferred Tranches), the determination of EURIBOR made by the Funding Entity pursuant to the Funding Agreement as notified to the Borrower by the Facility Agent shall be applicable for the purposes of this Agreement.

Appears in 1 contract

Samples: Facility Agreement (Royal Caribbean Cruises LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!