Foreign Currency Rate means, in relation to any Interest Period and the related Foreign Currency Borrowing, the applicable LIBO Rate for that Interest Period of that Borrowing; provided, that the aforesaid shall be subject to Section 2.13.
Foreign Currency Rate means, with respect to any Foreign Currency Rate Loan, the interest rate per annum at which deposits in that Foreign Currency are offered to the Administrative Agent in the Designated Foreign Currency Market at 11:00 A.M. (London time) two (2) Foreign Currency Banking Days before the first day of the applicable Foreign Currency Period in an aggregate amount approximately equal to the amount of the Loan to be made with respect to such Foreign Currency Rate Loan and for a period of time comparable to the number of days in the applicable Foreign Currency Period.
Foreign Currency Rate means the offered rate for deposits in the applicable Available Foreign Currency for a one, two or three month period with respect to any Multicurrency Loan as quoted on the Telerate System subscribed to by Agent, and which appears on Telerate Page 3750 of the Telerate System Incorporated Service for German Deutsche Marks, Japanese Yen and United Kingdom Pounds Sterling, and Telerate Page 3740 of the Telerate System Incorporated Service for Italian Lira, French Francs and Spanish Pesetas (or such other page of the Telerate System on which any applicable Available Foreign Currency then appears), as of 11:00 a.m., London time, two (2) Business Days prior to the beginning of the applicable Interest Period. If the one, two or three month Foreign Currency Rate pertaining to an Available Foreign Currency is unavailable on the Telerate System, then such rate shall be determined by and based on any other interest rate reporting service of generally recognized standing designated by the Agent to the Borrower. The Foreign Currency Rate may be adjusted by the Agent for any applicable reserve requirements or withholding taxes.
Examples of Foreign Currency Rate in a sentence
Each Swiss Swingline Loan shall bear interest at the Overnight Foreign Currency Rate.
Each Foreign Swingline Loan shall bear interest at the Overnight Foreign Currency Rate.
The applicable Alternate Base Rate, Adjusted LIBO Rate and Adjusted Foreign Currency Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.
Subject to Section 10.13, the Foreign Currency Loans comprising each Foreign Currency Borrowing shall bear interest at the Foreign Currency Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.
Each Swing Line Foreign Currency Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Swing Line Foreign Currency Rate for such day plus 1.50% per annum plus the Applicable Margin in effect for such day for Eurocurrency Loans that are Revolving Credit Loans.
More Definitions of Foreign Currency Rate
Foreign Currency Rate means the offered rate for deposits in the Foreign --------------------- Currency for the applicable Interest Period as quoted on the Telerate System subscribed to be Lender, two (2) Business Days prior to the Interest Period.
Foreign Currency Rate means, in relation to any Interest Period and the related Foreign Currency Borrowing (other than a Foreign Currency Borrowing denominated in Mexican Pesos):
Foreign Currency Rate when used with respect to a Borrowing made by a lending office located in the United Kingdom shall be calculated to include the MLA Costs. The “Foreign Currency Rate” with respect to a Foreign Currency Borrowing denominated in Mexican Pesos with respect to the Interest Period therefor shall be the rate at which deposits of Mexican Pesos in the amount of such Foreign Currency Borrowing and for a maturity comparable to such Interest Period are offered to the applicable Foreign Currency Office of the Administrative Agent in immediately available funds in the London interbank market, European interbank market or other market (in each case as determined by the Administrative Agent) at approximately 11:00 a.m., the applicable Foreign Currency Office time, two Business Days prior to the commencement of such Interest Period (or at such other time and day as the Administrative Agent may determine).
Foreign Currency Rate with respect to a Foreign Currency Borrowing denominated in Mexican Pesos with respect to the Interest Period therefor shall be the rate at which deposits of Mexican Pesos in the amount of such Foreign Currency Borrowing and for a maturity comparable to such Interest Period are offered to the applicable Foreign Currency Office of the Administrative Agent in immediately available funds in the London interbank market, European interbank market or other market (in each case as determined by the Administrative Agent) at approximately 11:00 a.m., the applicable Foreign Currency Office time, two Business Days prior to the commencement of such Interest Period (or at such other time and day as the Administrative Agent may determine).
Foreign Currency Rate means, with respect to any Foreign Currency
Foreign Currency Rate. The representative rate of the foreign currency as published by the Bank of Israel, or any official rate of exchange of the foreign currency against Israeli currency that may replace the aforesaid representative rate and which prevails for the time being with respect to government bonds linked to the aforesaid foreign currency rate, and in the absence of such rate, as shall be determined as between the Company and the Trustee. “Known rate” on any date - The last foreign currency rate fixed by the Bank of Israel before such date. However in a period in which the Bank of Israel does not make a practice of fixing a representative rate, the known rate on any date will be the rate last fixed before that date by the Minister of Finance together with the Governor of the Bank of Israel for government bonds linked to the foreign currency rate, and in the absence of such rate, as shall be determined as between the Company and the Trustee;
Foreign Currency Rate. The representative rate of foreign currency as published by the Bank of Israel, or any official exchange rate of foreign currency to Israeli currency which might replace said representative rate and at the same time apply to governmental bonds linked to said foreign currency rate;