EURIBOR Rate Advances Clause Samples

EURIBOR Rate Advances. If such Advance is a EURIBOR Rate Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of (i) the EURIBOR Rate for such Interest Period plus (ii) the Applicable Margin plus (iii) to the extent applicable to an Advance in euros on the first day of such Interest Period, a percentage rate per annum determined by the Administrative Agent to reflect the requirements of the Bank of England and/or the Financial Services Authority in respect of monetary control, liquidity or otherwise, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on the day which occurs during such Interest Period three months from the first day of such Interest Period; provided that any principal amount of any EURIBOR Rate Advance which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above the rate per annum determined above.

EURIBOR Rate Advances. If such Advance is a EURIBOR Rate Advance, a rate per annum equal at all times during the Interest Period for such Advance to EURIBOR for such Interest Period plus the EURIBOR Margin (such rate to change when and as the EURIBOR Margin changes), payable on the last day of such Interest Period (and, if such Interest Period has a duration of more than three (3) months, on the date during such Interest Period which occurs three (3) months after the first day of such Interest Period) and on the date such EURIBOR Rate Advance shall be Converted, repaid (whether due to acceleration or otherwise), on the principal amount so repaid, or paid in full.