Alternative Currency Daily Rate

Alternative Currency Daily Rate. Means, for any day, with respect to any extension of credit under the Credit Agreement: (a) denominated in Sterling, the rate per annum equal to SONIA determined pursuant to the definition thereof plus the SONIA Adjustment; and (b) denominated in Swiss Francs, the rate per annum equal to SARON determined pursuant to the definition thereof plus the SARON Adjustment; provided that, if any Alternative Currency Daily Rate shall be less than (i) 0.750% for purposes of determining the interest rate... applicable to any Revolving Credit Loan or Swingline Loan and (ii) zero percent for all other purposes of the Credit Agreement, such rate shall be deemed to be equal to (x) 0.750% for purposes of determining the interest rate applicable to any Revolving Credit Loan or Swingline Loan and (y) zero percent for all other purposes of the Credit Agreement. Any change in an Alternative Currency Daily Rate shall be effective from and including the date of such change without further notice. View More