Define: Relevant Rate
What does "Relevant Rate" mean? The meaning differs based on the contract. We found 6 definitions across 3 companies in SEC filings.
Definition 1 (AMAZON COM INC, seen in 1 filing)
Relevant Rate means the LIBO Rate, the EURIBO Rate, the TIBO Rate or the Daily Simple SONIA, as applicable.
Source: AMAZON COM INC 10-K
Definition 2 (AMAZON COM INC, seen in 1 filing)
Relevant Rate means (a) with respect to any Term Benchmark Loan or Term Benchmark Borrowing denominated in US Dollars, the Term SOFR, (b) with respect to any RFR Loan or RFR Borrowing denominated in US Dollars, the Daily Simple SOFR, (c) with respect to any Loan or Borrowing denominated in Euro, the EURIBO Rate, (d) with respect to any Loan or Borrowing denominated in Sterling, the Daily Simple SONIA, (e) with respect to any Loan or Borrowing denominated in Yen, the TIBO Rate, (f) with respect to any Loan or Borrowing denominated in Canadian Dollars, the CDO Rate, (g) with respect to any Loan or Borrowing denominated in Australian Dollars, the AUD Bank Bill Rate and (h) with respect to any Loan or Borrowing denominated in Swiss Francs, the Daily Simple SARON.
Source: AMAZON COM INC 8-K
Definition 3 (AMAZON COM INC, seen in 1 filing)
Relevant Rate means Term SOFR, the EURIBO Rate, the TIBO Rate, the CDO Rate, the AUD Bank Bill Rate, Daily Simple SOFR, Daily Simple SONIA, or Daily Simple SARON, as applicable.
Source: AMAZON COM INC 8-K
Definition 4 (AMAZON COM INC, seen in 1 filing)
Relevant Rate means the Adjusted Term SOFR or the Adjusted Daily Simple SOFR, as applicable.
Source: AMAZON COM INC 8-K
Definition 5 (ANALOG DEVICES INC, seen in 1 filing)
Relevant Rate means with respect to any Credit Extension denominated in (a) Dollars, Term SOFR, (b) Sterling, SONIA and (c) Euros, EURIBOR, as applicable.
Source: ANALOG DEVICES INC 8-K
Definition 6 (EQUINIX INC, seen in 1 filing)
Relevant Rate means with respect to any Credit Extension denominated in (a) Dollars, SOFR, (b) Sterling, SONIA, (c) Swiss Francs, SARON, (d) Euros, EURIBOR, (e) Canadian Dollars, as selected by the Borrower, the Term CORRA Rate or Daily Simple CORRA, (f) Yen, TIBOR, (g) Australian Dollars, BBSY, (h) Swedish Krona, STIBOR, (i) Hong Kong Dollars, HIBOR, and (j) Singapore Dollars, SORA, as applicable.
Source: EQUINIX INC 10-Q
Data extracted from 6 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.