Applicable EURIBOR definition

Applicable EURIBOR means: (i) in respect of a Senior Advance from the Senior Noteholder Group in respect of Jupiter Securitization Company LLC as a Senior Noteholder, three month EURIBOR for each day during such Interest Period, and (ii) in respect of (x) a Senior Advance with a Senior Advance Interest Period or (y) a Subordinated Advance or a VAT Loan Advance with an Interest Period:

Applicable EURIBOR means in respect of (x) a Senior Advance with a Senior Advance Interest Period or (y) a Subordinated Advance or a VAT Loan Advance with an Interest Period:

Applicable EURIBOR means: (a) with respect to the Notes, six month EURIBOR or EURIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date; and (b) with respect to any Euro Denominated Drawings, VFN EURIBOR.

Examples of Applicable EURIBOR in a sentence

• So long as the Applicable EURIBOR Rate is required to be determined with respect to the Notes, there will at all times be a Calculation Agent.

• In the event that any then acting Calculation Agent shall be unable or unwilling to act, or that such Calculation Agent shall fail duly to establish the Applicable EURIBOR Rate for any Floating Rate Interest Period, or that the Company proposes to remove such Calculation Agent, the Company shall appoint itself or another Person which is a bank, trust company, investment banking firm or other financial institution to act as the Calculation Agent.

• If such Advance is a EURIBOR Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of the EURIBO Rate for such Interest Period plus the Applicable EURIBOR Margin for such Interest Period, 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 each day which occurs during such Interest Period every three months from the first day of such Interest Period.

• After the initial interest period, the interest rate will be adjusted semi-annually in accordance with the Applicable EURIBOR Rate in effect on subsequent Interest Determination Dates, which will be three Banking Days prior to June 1st or December 1st in each year.

• Upon such determination and notice, the Bank may convert the EUROLIBOR Loan to a EURIBOR Loan and the Loan shall thereinafter bear interest at a variable rate per annum equal to the EURIBOR Rate in effect from time to time plus the Applicable EURIBOR Rate Margin.

More Definitions of Applicable EURIBOR

Applicable EURIBOR means, with respect to the Notes, six month EURIBOR for the Notes or EURIBOR for such other appropriate period in respect of the first Interest Accrual Period, the second Interest Accrual Period and the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date, provided that, for the avoidance of doubt, for the purposes of the first Interest Accrual Period, Applicable EURIBOR for each Class of Further Notes shall be the same as Applicable EURIBOR for the equivalent Class of Existing Notes.

Applicable EURIBOR means: (a) with respect to the Notes (other than the Variable Funding Notes), six month (or an interpolation between seven and eight months for the First Interest Accrual Period) EURIBOR or EURIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date; and (b) with respect to any Euro Drawings, six months (or an interpolation between seven and eight months for the First VFN Interest Period) VFN EURIBOR as determined under the Variable Funding Notes Purchase Agreement (or in respect of any Euro Drawing made between Payment Dates, VFN EURIBOR for the appropriate period);

Applicable EURIBOR means, in respect of (x) a Senior Advance with a Senior Advance Interest Period or (y) a Subordinated Advance or a VAT Loan Advance with an Interest Period:

Applicable EURIBOR means: (a) with respect to the Notes other than the Variable Funding Notes, six month EURIBOR or EURIBOR for such other appropriate period and which may be calculated by way of a linear interpolation in respect of the first Interest Accrual Period and the Interest Accrual Period, immediately prior to the Maturity Date or the Redemption Date; and (b) with respect to the Variable Funding Notes, the Applicable VFN Floating Rate.

Applicable EURIBOR means: with respect to the Notes, six month (or an interpolation between eight and nine months for the first Interest Accrual Period) EURIBOR or EURIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date.

Applicable EURIBOR means: with respect to the Notes, six month EURIBOR or EURIBOR for such other appropriate period in respect of the Interest Accrual Period or the Delayed Draw Note Funding Period (as the case may be) immediately prior to the Maturity Date or the Redemption Date.

Applicable EURIBOR means: (a) with respect to the Notes, six month EURIBOR or EURIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date, and (b) with respect to any Euro Drawings, six months VFN EURIBOR (as determined under the Variable Funding Notes Purchase Agreement or with respect to any drawing made between Payment Dates, EURIBOR for the appropriate period).