As used in this chapter, 'benchmark replacement' means:(1) a benchmark;(2) an interest rate; or(3) a dividend rate;that may or may not be based in whole or in part on a prior setting of LIBOR, and that replaces LIBOR (or any interest rate or dividend rate based on LIBOR), whether on a temporary, permanent, or indefinite basis, under or with respect to a contract, security, or instrument.As added by P.L.67-2022, SEC.1.
Indiana Legal Code