EURIBOR 1 month definition

EURIBOR 1 month means the reference rate known as the “European Inter-Bank Offered Rate” in the form of the rate listed under the aegis of the European Banking Federation and published at approximately 11.00 am (Brussels time), by REUTERS (page EURIBOR01 or EURIBOR365 or whatever page that may be substituted therefore) for a one (1) month period.
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Examples of EURIBOR 1 month in a sentence

  • In case of late payment of all or part of any invoice, the defaulting Party shall be automatically liable to pay to the other Party a late payment penalty on all sums due (inclusive of VAT), without need of any formal notice, at the one-month interbank rate offered in the Euro Zone (EURIBOR 1 month) for the last Business Day of the month preceding the invoicing month (which will always be considered as at least equal to 0,00%) increased by two (2) percentage points.

  • Late payment penalty In case of late payment of all or part of any invoice, the defaulting Party shall be automatically liable to pay to the other Party a late payment penalty on all sums due (inclusive of VAT), without need of any formal notice, at the one-month interbank rate offered in the Euro Zone (EURIBOR 1 month) for the last Business Day of the month preceding the invoicing month (which will always be considered as at least equal to 0,00%) increased by two (2) percentage points.

  • Base Interest Rate: is the rate equal to EUR EURIBOR 1 month as published at any given time by the European Money Markets Institute and if the rate is less than zero, the Base Interest Rate shall be deemed to be zero.

  • This shall correspond to the arithmetic mean from EONIA, EURIBOR 1 week, EURIBOR 1 month, EURIBOR 2 months, EURIBOR 3 months, EURIBOR 6 months and EURIBOR 12 months on the last three bank working days in each case before the 15th day of the last month of a calendar quarter, and shall be rounded commercially to one decimal place.