NZD Rate means, for any Loans in New Zealand Dollars, the (a) NZD Screen Rate plus (b) 0.30%.
NZD Rate means for any Loans in NZD, (a) with respect to any Interest Period, the average bank bill reference rate as administered by the New Zealand Financial Markets Association (or any other Person that takes over the administration of that rate) for bills of exchange with a tenor equal in length to such Interest Period (or if such Interest Period is not equal to a number of months, for a term equivalent to the number of months closest to such Interest Period) as displayed on page BKBM of the Reuters screen at or about 11:00 a.m. (Wellington, New Zealand time) on the day that is two (2) Business Days prior to the first day of such Interest Period or, in the event such rate does not appear on such 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; provided that, if the rate determined in accordance with this clause (a) shall be less than zero, such rate shall be deemed to be zero for purposes of this clause (a) (the “NZD Screen Rate”), plus (b) 0.20%.
NZD Rate means for any Loans in NZD, the (a) NZD Screen Rate plus (b) 0.20%.
More Definitions of NZD Rate
NZD Rate means, for any Loans denominated in New Zealand Dollars, the NZD Screen Rate or, if applicable pursuant to the terms of Section 3.03, the applicable Reference Bank Rate.
NZD Rate means for any Loans in NZD, (a) with respect to any Interest Period, the average bank bill reference rate
NZD Rate means, for any Loans in New Zealand Dollars, the (a) NZD Screen Rate plus (b) 0.30%. “NZD Screen Rate” means, with respect to any Interest Period, the rate per annum determined by the Administrative Agent which is equal to the average bank bill reference rate as administered by the New Zealand Financial Markets Association (or any other Person that takes over the administration of such rate) for bills of exchange with a tenor equal in length to such Interest Period as displayed on page BKBM of the Reuters screen (or, in the event such rate does
NZD Rate means, for any Loans in New Zealand Dollars, the (a) NZD Screen Rate plus (b) 0.30%. “NZD Screen Rate” means, with respect to any Interest Period, the rate per annum determined by the Administrative Agent which is equal to the average bank bill reference rate as administered by the New Zealand Financial Markets Association (or any other Person that takes over the administration of such rate) for bills of exchange with a tenor equal in length to such Interest Period as displayed on page BKBM of the Reuters screen (or, in the event such rate does not appear on such 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) at or about 11:00 a.m. (Wellington, New Zealand time) on the first day of such Interest Period. If the NZD Screen Rate shall be less than zero, the NZD Screen Rate shall be deemed to be zero for purposes of this Agreement. 33