Applicable LIBOR definition

Applicable LIBOR means the interest rate corresponding to:
View Source
Applicable LIBOR. RATE" for each Calculation Period will be determined by the Trust Cash Manager. The Trust Cash Manager will determine "GBP-LIBOR-BBA" in accordance with the ISDA definitions provided that the purposes of making such a determination in respect of any Calculation Period, the Reset Date (as defined in the ISDA definitions) shall be the first day of such Calculation Period and the Designated Maturity (as defined in the ISDA definitions) shall be 1 month or in the case of the first Calculation Period, 2 months ("LIBOR"). If the Trust Cash Manager is unable to determine GBP-LIBOR-BBA, the Applicable LIBOR Rate for any Calculation Period will be the Applicable LIBOR Rate last determined.
View Source
Applicable LIBOR means with respect to the Notes, six month LIBOR or LIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date.
View Source

Examples of Applicable LIBOR in a sentence

  • Time Event By 9:30 a.m. Auction Agent advises the Indenture Trustee and the Broker-Dealers of the Maximum Rate, the Net Loan Rate, the All Hold Rate, and the Applicable LIBOR Rate to be used in determining the Auction Rate under the Auction Procedures and the Auction Agent Agreement.

  • If there is any change in the Applicable LIBOR Margin during any quarter, the daily maximum amount of each Revolving Letter of Credit shall be computed and multiplied by the Applicable LIBOR Margin separately for each period during such quarter that such Applicable LIBOR Margin was in effect.

  • TIME EVENT By 9:00 a.m. Auction Agent obtains One-Month LIBOR By 10:30 a.m. Auction Agent advises the Broker-Dealers of the applicable All-Hold Rate, the Net Loan Rate, the Applicable LIBOR Rate and the applicable Maximum Rate, as set forth in Section 2.03(b)(i) of the Auction Agency Agreement.

  • TIME EVENT By 9:00 a.m. Market Agent provides Auction Agent with the Applicable LIBOR Rate and the United States Treasury Security Rate.

  • Upon determination by the Agent of the Applicable LIBOR Rate for any Interest Period selected by the Borrowers, the Agent will promptly inform the Borrowers and each Lender of such Applicable LIBOR Rate so determined or, if applicable, the reason why the Borrowers' election will not become effective.


More Definitions of Applicable LIBOR

Applicable LIBOR means, as of any date of determination, for each Loan, LIBOR as determined on such date.
View Source
Applicable LIBOR means, if the currency in which the Relevant Swap Transaction is denominated is :
View Source
Applicable LIBOR means (i) with respect to any Advance for which notice is given later than 11:00 A.M. (New York time) three Business Days prior to the date of the requested Advance, a rate per annum equal to the overnight LIBOR (as hereinafter defined) ("OVERNIGHT LIBOR") for the initial day of such Advance, and such Advance shall thereafter be deemed to be continued on the next Business Day at a rate per annum equal to the one-week LIBOR ("WEEKLY LIBOR"), and (ii) with respect to all other Advances, a rate per annum equal to the Weekly LIBOR.
View Source
Applicable LIBOR means with respect to Class A-1B Notes, six-month LIBOR or LIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date or in respect of the first Interest Accrual Period, as determined in accordance with Condition 6 (Interest).
View Source
Applicable LIBOR means, in respect of Receivables denominated in Dollars, the LIBOR Rate, in respect of Receivables denominated in Japanese Yen, BBA JPY LIBOR, and in respect of Receivables denominated in Euros, Euribor.
View Source
Applicable LIBOR. RATE shall mean for any Interest Period, the LIBOR Rate on the first day of such Interest Period plus the Fixed Rate Loan Spread.
View Source
Applicable LIBOR means the relevant LIBOR rate, which initially shall be the LIBOR rate published on 28th February 2001, but if and whenever thereafter the LIBOR rate published on the last business day of a month shall vary by at least one percentage point from the then current Applicable LIBOR, shall be increased or reduced as the case may be to the LIBOR rate published on such subsequent date. 179
View Source