Adjusted Eurodollar Rate
Adjusted Eurodollar Rate. Means, for any Eurodollar Borrowing for any Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) equal to the quotient obtained by dividing (a) the Eurodollar Rate for such Eurodollar Borrowing for such Interest Period by (b) one (1) MINUS the Reserve Requirement for such Eurodollar Borrowing for such Interest Period.
Found in
INET TECHNOLOGIES INC contract
Adjusted Eurodollar Rate. Means, (a) with respect to any Daily Rate Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (i) the Daily One Month Libor Rate multiplied by (ii) the Statutory Reserve Rate and (b) with respect to any other Eurodollar Loan for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (i) the Eurodollar Rate for such Interest Period multiplied by (ii) the Statutory Reserve Rate.
Found in
UNIVERSAL POWER GROUP INC. contract
Adjusted Eurodollar Rate. Means the Eurodollar Rate plus 2.5%.
Found in
CHATTEM INC contract
Adjusted Eurodollar Rate. Shall mean, with respect to each Interest Period for any Eurodollar Rate Loan comprising part of the same borrowing (including conversions, extensions and renewals), the rate per annum determined by dividing (a) the London Interbank Offered Rate for such Interest Period by (b) a percentage equal to: (i) one (1) minus (ii) the Reserve Percentage. For purposes hereof, "Reserve Percentage" shall mean for any day, that percentage (expressed as a decimal) which is in effect from time to time under...
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Found in
C&D TECHNOLOGIES INC contract
Adjusted Eurodollar Rate. By adding the following sentence at the end of said definition: "Notwithstanding the foregoing, if the Adjusted Eurodollar Rate as determined under any method above would be less than zero (0), the Adjusted Eurodollar Rate shall be deemed to be zero (0)."
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Found in
Lannett Company, Inc. contract