EURIBOR

EURIBOR. Means, with respect to each Interest Period in respect of a Euro Denominated Loan or amounts calculated with reference thereto, the rate per annum for deposits in Euros which appears on the Relevant Page for such Interest Period at or about 11:00 am (Brussels time) on the Interest Determination Date for such Interest Period.

EURIBOR. Means the rate of interest for the relevant Drawing in EUR or renewal expressed as a rate per annum as calculated and published on Reuters page EURIBOR 01 which displays the European Interbank Offered Rate for deposits in EUR for the relevant Interest Period or the nearest equivalent thereto as at or about 11:00 a.m. (Brussels time) on the Quotation Date for such period or if such period or such service is not or shall cease to be available or relevant, such other page or such other service for... the purpose of displaying the average European Interbank Offered Rate for EUR as the Agent after consultation with the Banks and the Borrower shall select. If on any Quotation Date no such quotation for EUR for the relevant period is displayed and the Agent has not selected an alternative service on which a quotation is displayed, Euribor will be the rate per annum determined by the Agent to be the arithmetic mean (rounded upwards to the nearest 1/16 of one per cent) of the rates of which deposits in EUR are offered by the Reference Banks at or about 11:00 a.m. (Brussels time) on the Quotation Date to prime banks in the European interbank market for such amount and for such period; View More

EURIBOR. Designates the arithmetical average of rates offered by a benchmark panel of banks for deposits in euros over a fixed period. EURIBOR is calculated on the basis of a 360-day year by the European Banking Federation and is published at 11 a.m. (Central European Time) on page 248 of the Telerate server two TARGET Business Days before the start date of the corresponding Interest Period. Translation from the French 4/24 In the event of any... modification having an effect upon the composition and/or definition of EURIBOR, as well as in the event of the disappearance of EURIBOR and its replacement by an index of the same type or equivalent, and also in the event of any modification concerning the publishing body or the publication methods, the index resulting from such modification or from such substitution shall automatically apply (this provision having no impact upon payability and therefore not constituting an agreement on settlement periods) View More

EURIBOR. Amended by adding the following phrase immediately following the word "means" in the first line thereof: ", subject to Section 2.7"