CHANGES TO THE CALCULATION OF INTEREST. 12.1 Unavailability of Term SOFR (a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.
Appears in 3 contracts
Sources: Facility Agreement (Bunge Global SA), Revolving Facility Agreement (Bunge Global SA), Facility Agreement (Bungeltd)
CHANGES TO THE CALCULATION OF INTEREST. 12.1 10.1 Unavailability of Term SOFRReference Rate
(a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Reference Rate is available for Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.
Appears in 1 contract
Sources: Interim Facilities Agreement
CHANGES TO THE CALCULATION OF INTEREST. 12.1 4.1 Unavailability of Term SOFR
(a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.
Appears in 1 contract
CHANGES TO THE CALCULATION OF INTEREST. 12.1 4.1 Unavailability of Term SOFR
(a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.
Appears in 1 contract
CHANGES TO THE CALCULATION OF INTEREST. 12.1 10.1 Unavailability of Term SOFR
(a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is not available for the Interest Period of a Term SOFR Rate LoanLoan in the Base Currency, the applicable Term SOFR Reference Rate for such Interest Period shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.
Appears in 1 contract
CHANGES TO THE CALCULATION OF INTEREST. 12.1 10.1 Unavailability of Term SOFR
(a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate the Loan or any part of the Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of the Loan or that Term SOFR Rate part of the Loan.
Appears in 1 contract
Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.)