Examples of EURIBO Rate in a sentence
The relevant Term SOFR or EURIBO Rate for such Interest Period in the case of a conversion to, or a continuation of, Term SOFR Advances or XXXXXXX Advances shall be determined in the manner provided in Section 2.02(a) as if such conversion or continuation is instead new Term SOFR Advances or EURIBOR Advances in such amount, on such date and for such Interest Period.
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.