Common use of Euro-Rate Option Clause in Contracts

Euro-Rate Option. A rate per annum (computed on the basis of a year of 360 days and actual days elapsed, provided that, for Loans made in an Optional Currency for which a 365-day basis is the only market practice available to the Administrative Agent, such rate shall be calculated on the basis of a year of 365 days and for the actual days elapsed) equal to the Euro-Rate plus the applicable number of basis points calculated under the Pricing Grid.

Euro-Rate Option. A rate per annum (computed on the basis of a year of 360 days and actual days elapsed, provided that, for Loans made in an Optional Currency for which a 365-365 day basis is the only market practice available to the Administrative Agent, such rate shall be calculated on the basis of a year of 365 days and days, for the actual days elapseddays) equal to the Euro-Rate plus the applicable number Applicable Margin, such interest rate to change automatically from time to time effective as of basis points calculated under the Pricing Grideffective date of each change in Applicable Margin.

Euro-Rate Option. A rate per annum (computed on the basis of a year of 360 days days, as the case may be, and actual days elapsed), provided that, for Revolving Credit Loans made in an Optional Currency for which a 365-day basis is the only market practice available to the Administrative Agent, such rate shall be calculated on the basis of a year of 365 days and for the actual days elapsed) equal to the Euro-Rate plus the applicable number of basis points calculated under the Pricing GridApplicable Margin.

Euro-Rate Option. A rate per annum (computed on the basis of a year of 360 days days, as the case may be, and actual days elapsed, provided that, for Revolving Credit Loans made in an Optional Currency for as to which a 365-day basis is the only market practice available to differs from the Administrative Agentforegoing, in accordance with such rate shall be calculated on the basis of a year of 365 days and for the actual days elapsed) market practice), equal to the Euro-Rate plus the applicable number of basis points calculated under the Pricing GridApplicable Margin.

Euro-Rate Option. A rate per annum (computed on the basis of a year of 360 days and actual days elapsed; provided, provided that, that for Loans made in an Optional Currency for which a 365-day basis is the only market practice available to the Administrative Agent, such rate shall be calculated on the basis of a year of 365 days and or 366 days, as the case may be for the actual days elapsed) equal to the Euro-Rate plus the applicable number of basis points calculated under the Pricing GridApplicable Margin.