Common use of Shortened Interest Period Clause in Contracts

Shortened Interest Period. If no Screen Rate is available for LIBOR or EURIBOR for the required currency or Interest Period of that Loan and it is not possible to calculate the Interpolated Screen Rate, the Interest Period of that Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable LIBOR or applicable EURIBOR for that shortened Interest Period shall be determined pursuant to the definition of “LIBOR” or “EURIBOR” (as applicable).

Appears in 6 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Super Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Liberty Global PLC)

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Shortened Interest Period. If no Screen Rate is available for LIBOR or EURIBOR for for: (i) USD; or (ii) the required currency or Interest Period of that the Loan and it is not possible to calculate the Interpolated Screen Rate, the Interest Period of that the Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable LIBOR or applicable EURIBOR for that shortened Interest Period shall be determined pursuant to the definition of "LIBOR” or “EURIBOR” (as applicable)".

Appears in 1 contract

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

Shortened Interest Period. If no Screen Rate is available for LIBOR or EURIBOR for for: 13.2.1 the required currency or of a Loan; or 13.2.2 the Interest Period of that a Loan and it is not possible to calculate the Interpolated Screen Rate, the Interest Period of that Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable LIBOR or applicable EURIBOR for that shortened Interest Period shall be determined pursuant to the definition of “LIBOR” or “EURIBOR” (as applicable).

Appears in 1 contract

Samples: Amendment and Restatement Agreement

Shortened Interest Period. If no Screen Rate is available for LIBOR or EURIBOR for for: (i) USD; or (ii) the required currency or Interest Period of that the Loan and it is not possible to calculate the Interpolated Screen Rate, the Interest Period of that the Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable LIBOR or applicable EURIBOR for that shortened Interest Period shall be determined pursuant to the definition of “LIBOR” or “EURIBOR” (as applicable).

Appears in 1 contract

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

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Shortened Interest Period. If no Screen Rate is available for LIBOR or EURIBOR for for: (i) USD; or (ii) the required currency or Interest Period of that a Loan and it is not possible to calculate the Interpolated Screen Rate, the Interest Period of that Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable LIBOR or applicable EURIBOR for that shortened Interest Period shall be determined pursuant to the definition of "LIBOR” or “EURIBOR” (as applicable)".

Appears in 1 contract

Samples: Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.)

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