BBR Screen Rate definition
BBR Screen Rate means the rate per annum equal to the Australian Bank ▇▇▇▇ ▇▇▇▇ Bid Rate (the "BBSW") or the successor thereto as approved by the Agent as published by Bloomberg (or on any successor or substitute service providing rate quotations comparable to those currently provided by such service, as determined by the Agent from time to time), rounded to the nearest 1/100th of 1% (with .005% being rounded up) per annum at approximately 10:00 a.m., Sydney, Australia time, three (3) Business Days prior to the commencement of such Interest Period, as the rate for deposits in Australian Dollars with a maturity comparable to such Interest Period. "BBSW" shall have the meaning specified in the definition of “BBR Screen Rate”.
BBR Screen Rate shall have the meaning specified in the definition of BBR Rate.
BBR Screen Rate means the rate per annum equal to the Australian Bank Bill Swap Bid Rate or the successor thereto as approved by the Agent as published by Bloomberg (or on any successor or substitute service providing rate quotations comparable to those currently provided by such service, as determined by the Agent from time to time), rounded to the nearest 1/100th of 1% (with .005% being rounded up) per annum at approximately 10:00 a.m., Sydney, Australia time, three (3) Business Days prior to the commencement of such Interest Period, as the rate for deposits in Australian Dollars with a maturity comparable to such Interest Period.
Examples of BBR Screen Rate in a sentence
Any Loan in Australian Dollars bearing interest at a rate determined by reference to the BBR Rate in accordance with the provisions of §2.5. BBR Screen Rate.
More Definitions of BBR Screen Rate
BBR Screen Rate means the rate per annum equal to the Australian Bank ▇▇▇▇ Swap Bid Rate or the successor thereto as approved by the Agent as published by Bloomberg (or on any successor or substitute service providing rate quotations comparable to those currently provided by such service, as determined by the Agent from time to time), rounded to the nearest 1/100th of 1% (with .005% being rounded up) per annum at approximately 10:00 a.m., Sydney, Australia time, three (3) Business Days prior to the commencement of such Interest Period, as the rate for deposits in Australian Dollars with a maturity comparable to such Interest Period.