EURIBOR Screen Rate definition

EURIBOR Screen Rate has the meaning assigned to such term in the definition ofEurocurrency Rate”.
EURIBOR Screen Rate has the meaning given to such term in the definition ofEURIBOR Rate”.
EURIBOR Screen Rate means, for any Interest Period, in the case of any Eurocurrency Borrowing denominated in Euros, the European Interbank Offered Rate administered by the European Money Markets Institute (or any other entity which takes over the administration of that rate, or any such benchmark that would replace such rate) for the relevant period and displayed on Page EURIBOR01 of the Reuters Screen or, in the event that such rate does not appear on such Reuters page, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information service that publishes such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion (the “EURIBOR Screen Rate”); provided that, if the EURIBOR Screen Rate so determined would be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

Examples of EURIBOR Screen Rate in a sentence

  • The EURIBOR Screen Rate, the Dollars Screen Rate or the GBP Screen Rate, as applicable.


More Definitions of EURIBOR Screen Rate

EURIBOR Screen Rate has the meaning set forth in the definition ofTerm Benchmark Rate”.
EURIBOR Screen Rate has the meaning assigned to such term in the definition ofLIBO Rate”. “Eurocurrency”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the LIBO Rate.
EURIBOR Screen Rate for any day and time, with respect to any Borrowings of Eurocurrency Loans denominated in euro and for any Interest Period, the euro interbank offered rate as administered by the European Money Markets Institute (or any other Person that takes over the administration of such rate) for a period equal in length to such Interest Period as displayed on such day and at such time on page EURIBOR01 of the Reuters screen that displays such rate (or, in the event such rate does not appear on a Reuters page or screen, any successor or substitute page on such screen that displays such rate , or on the appropriate page of such other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion).
EURIBOR Screen Rate has the meaning assigned to such term in the definition ofLIBO Rate”.
EURIBOR Screen Rate means the euro interbank offered rate administered by the European Money Markets Institute (or any other person which takes over the administration of that rate) for the relevant period displayed (before any correction, recalculation or republication by the administrator) on page EURIBOR01 of the Reuters screen (or any replacement Reuters page which displays that rate) or on the appropriate page of such other information service which publishes that rate from time to time in place of Reuters as of 11:00 a.m. Brussels time two Business Days prior to the commencement of such Interest Period. If such page or service ceases to be available, the Administrative Agent may specify another page or service displaying the relevant rate after consultation with Carlisle. If the EURIBOR Screen Rate shall be less than zero, the EURIBOR Screen Rate shall be deemed to be zero for purposes of this Agreement.
EURIBOR Screen Rate means, for any day and time, with respect to any Loan denominated in Euro and for any Interest Period, the Euro Interbank Offered Rate administered by the European Money Markets Institute (or any other person which takes over the administration of that rate) for the relevant period displayed (before any correction, recalculation or republication by the administrator) on page EURIBOR01 of the Reuters screen (or any replacement Reuters page which ​ ​ displays that rate) or on the appropriate page of such other information service which publishes that rate from time to time in place of Reuters as of 11:00 a.m. (Brussels time) two (2) Business Days prior to the commencement of such Interest Period. If such page or service ceases to be available, Administrative Agent may specify another page or service displaying the relevant rate after consultation with Borrowers. If the EURIBOR Screen Rate shall be less than zero, the EURIBOR Screen Rate shall be deemed to be zero for purposes of this Agreement.
EURIBOR Screen Rate has the meaning assigned to such term in the definition ofEURIBOR Rate”. “euro” and/or “EUR” means the single currency of the Participating Member States.