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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Screen Rate

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Screen Rate” means:

(a)                                  in relation to EURIBOR, the percentage rate per annum determined by the Banking Federation of the European Union for the relevant period; and

(b)                                 in relation to LIBOR, the British Bankers’ Association Interest Settlement Rate for the relevant currency and period; and

in each case displayed on the appropriate page of the Telerate screen. If the agreed page is replaced or service ceases to be available, the Agent may specify another page or service displaying the appropriate rate after consultation with the Italian Borrower and the Lenders.

“

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