EURIBOR definition
Examples of EURIBOR in a sentence
If Buyer fails to make any payment or provide any payment securities due according to the Agreement, Seller shall be entitled to claim interest on the unpaid portions of amounts due, according to the 3-months EURIBOR interest rate plus 10% per annum, or in case such interest rate is not permissible under applicable law, the highest interest rate permitted to be charged under applicable law.
Any prepayment of a EURIBOR Rate Loan, RFR Loan or SOFR Loan shall be accompanied by all accrued interest thereon and any additional amounts required pursuant to Sections 2.19(h) and/or 3.05, as applicable.
The determination of the Adjusted EURIBOR Rate, Adjusted Daily Simple RFR and Adjusted Term SOFR by the Administrative Agent shall be conclusive in the absence of manifest error.
All prepayments under this Section 2.05 shall be accompanied by all accrued interest thereon, together with, in the case of any such prepayment of (i) a EURIBOR Rate Loan or SOFR Loan on a date other than the last day of an Interest Period therefor or (ii) an RFR Loan on a date other than the Interest Payment Date therefor or, in the case of any EURIBOR Rate Loan, SOFR Loan or RFR Loan, as applicable, pursuant to Section 2.19(h) or Section 3.05, as applicable.
The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of the Base Rate, the EURIBOR Rate, the Adjusted EURIBOR Rate, Adjusted Daily Simple RFR, the Term SOFR Reference Rate, Term SOFR, Adjusted Term SOFR or a Benchmark, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Borrowers.