SARON Rate definition

SARON Rate means the rate computed by the Benchmark Administrator or its agent

SARON Rate means, the rate per annum equal to XXXXX determined pursuant to the definition thereof, plus the SARON Adjustment; and, if any such applicable rate is below zero, the SARON Rate will be deemed to be zero.

SARON Rate means, the rate per annum equal to SARON determined pursuant to the definition thereof, plus the SARON Adjustment; and, if any such applicable rate is below zero, the SARON Rate will be deemed to be zero.

Examples of SARON Rate in a sentence

• Subject to the provisions of Section 2.06(g), the European Swingline Loans comprising SARON Rate Loans shall bear interest at a rate per annum equal to Daily Simple SARON plus the Applicable Margin in effect from time to time plus the Swiss Franc CAS.

• Each European Swingline Loan (i) made in Dollars shall be a Base Rate Loan, (ii) made in GBP shall be a Daily Simple XXXXX Rate Loan, (iii) made in Swiss francs shall be a Daily Simple SARON Rate Loan and (iv) made in Euros shall be a EURIBOR Loan with an Interest Period between two days and seven days.

• It involves issues related to bills for services not received by the member.

• The Administrative Agent shall, upon written request of the Company or any Lender, deliver to the Company or such Lender a statement showing the computations used by the Administrative Agent in determining any applicable Adjusted Eurocurrency Rate, USD LIBOR Rate, EURIBOR Rate, CDO Rate, BB Rate, XXXXX Rate, SARON Rate or TIBOR Rate hereunder.

More Definitions of SARON Rate

SARON Rate means a rate equal to the Swiss Average Rate Overnight as administered by the SARON Administrator.

SARON Rate means therate computed by the Benchmark Administrator or its agent

SARON Rate with respect to any Loan denominated in Swiss Francs, the rate per annum equal to XXXXX determined pursuant to the definition thereof plus the SARON Adjustment; provided that in no event shall the SARON Rate be less than 0.00%. Any change in the SARON Rate shall be effective from and including the date of such change without further notice. DB1/ 136236807.8

SARON Rate means, with respect to any Obligations bearing interest in Swiss Francs, the Daily Simple RFR applicable to Swiss Francs. “SEC” means the Securities and Exchange Commission or any other governmental authority succeeding to any of the principal functions thereof.

SARON Rate means, with respect to any Obligations bearing interest in Swiss Francs, the Daily Simple RFR applicable to Swiss Francs.

SARON Rate means athe rate computed by the Benchmark Administrator or its agent

SARON Rate means a rate computed by the Benchmark Administrator or its agent with respect to SARON on a particular business day.