Examples of LIBOR Spread in a sentence
The term " Three Month Swiss Franc LIBOR Spread" means 0.0031% per annum, being the fixed spread adjustment value in respect of Three Month Swiss Franc LIBOR published by Bloomberg Index Services Limited on 5 March 2021.
The term " Three Month Sterling LIBOR Spread" means 0.1193% per annum, being the fixed spread adjustment value in respect of Three Month Sterling LIBOR published by Bloomberg Index Services Limited on 5 March 2021.
The Clearing House notes in this regard that the methodology for calculating the LIBOR Transition Settlement Prices (including the Three Month Sterling LIBOR Spread and Three Month Swiss Franc LIBOR Spread) and the use of such prices as the Exchange Delivery Settlement Price are matters of which the market as a whole has had sufficient notice.
Any decrease in the Facility Fee or applicable LIBOR Spread shall be effective on the date of announcement or publication by either of such rating agencies of an increase in rating or in the absence of announcement or publication on the effective date of such increase in rating.
The applicable margin for ABR Loans shall be 1% less than the applicable LIBOR Spread (but not less than 0%).