Reference Rate Component definition
Reference Rate Component means the reference rate per annum identified in the IMUA as "Tasso di Mercato", or any alternative reference rate agreed in accordance with the IMUA, on the basis of which the contribution under the IMUA is calculated.
Reference Rate Component means the USD Overnight LIBOR (BBG: US00O/N Index) (the "Relevant Screen Page"), observed on every calendar day.
Reference Rate Component means (i) the Federal Funds Target Rate – Upper Bound (Bloomberg page: FDTR <Index>) (ii) plus the CHF Forward Implied 3 Month Rate (Bloomberg Page: CHFI3M Curncy) (iii) minus the USD 3 Month LIBOR Rate (Bloomberg Page: US003M Index) (the "Relevant Screen Page"), observed on every calendar day.
Examples of Reference Rate Component in a sentence
The Borrower shall, within five (5) Business Days of demand, indemnify the Agent and each Lender in respect of any loss incurred by it in the event that the Reference Rate Component payable under the IMUA for the relevant currency and the relevant period may not be determined as a result of the screen rate referred to in the IMUA being unavailable and an alternative means of determining such amount not being agreed between the Finance Parties and SIMEST.