Available Tenor

Example Definitions of "Available Tenor"
Available Tenor. As of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if such Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant to this Note or (y) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with... reference to such Benchmark, in each case, as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of "Interest Period" pursuant to Section 3(d) hereof. View More
Available Tenor. As of any date of determination and with respect to the then-current Benchmark, as applicable, (x) (a) if such Benchmark is a term rate, any tenor for such the Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant to this Note Interest Period; or (y) (b) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of... interest calculated with reference Benchmark, as applicable, pursuant to such Benchmark, in each case, this Agreement as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of "Interest Period" pursuant to Section 3(d) hereof. date. View More
View Variations
All Definitions