Examples of Relevant Interbank Market in a sentence
Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.
Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 365 days or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.
Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and (i) in the case of an amount in GBP, a year of 360 days and (ii) in the case of an amount in JPY, a year of 365 1224235-v10\TOKDMS - 59 - days, or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.
Dollars will constitute the Optional Currency in relation to a Loan if they are readily available in the amount required and freely convertible into the Base Currency in the Relevant Interbank Market on the Quotation Day and the Utilisation Date for that Loan.
All interest (including default interest) shall accrue from day to day and shall be calculated on the basis of a year of 365 days or in the case where the practice of the Relevant Interbank Market changes, such number of days as is in accordance with that market practice and the actual number of days elapsed.