Common use of Reference Bank Rate Clause in Contracts

Reference Bank Rate. If paragraph (d) above applies but it is not possible to calculate the Interpolated Historic Screen Rate for that Loan, the Interest Period of that Loan shall, if it has been shortened pursuant to paragraph (b) above, revert to its previous length and the applicable LIBOR or the applicable EURIBOR shall be calculated as the Reference Bank Rate as of the Specified Time on the Quotation Day for the currency of that Loan and for a period equal in length to the Interest Period of that Loan.

Appears in 6 contracts

Samples: And Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC)

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Reference Bank Rate. If paragraph (d) above applies but it is not possible to calculate the Interpolated Historic Screen Rate for that LoanRate, the Interest Period of that Loan shall, if it has been shortened pursuant to paragraph (b) above, revert to its previous length and the applicable LIBOR or the applicable EURIBOR shall be calculated as the Reference Bank Rate as of the Specified Time on the Quotation Day relevant time for the currency of that Loan USD and for a period equal in length to the Interest Period of that Loan.

Appears in 3 contracts

Samples: Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facilities Agreement (DHT Holdings, Inc.), October 2015 (DHT Holdings, Inc.)

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