Average LIBOR definition

Average LIBOR for any quarter after the Delivery Date, shall mean the average of the Monthly LIBOR for the three (3) months of that quarter or in the event of early repayment of the balance of the purchase price of the Rig as stated in Clause 3 by the Buyer, such average, as appropriately adjusted by the Seller.
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Average LIBOR means, in relation to each amount of Eligible Equity, a percentage rate per annum equal to the aggregate LIBOR Amounts in respect of the Commitment Period relating to such amount divided by the number of weeks in such Commitment Period.
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Average LIBOR means (i) the sum of all the individual LIBOR for each day in the applicable period, divided by (ii) the total number of days in such
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Examples of Average LIBOR in a sentence

  • Average LIBOR and LIBID average rates for the year at 0.55% and 0.43% respectively remain low making investing over short terms unattractive.

  • Average LIBOR and LIBID average rates for the year at 0.58% and 0.46% respectively remain low making investing over short terms unattractive.

  • Used prior to issuance of construction financing and supported in initial section 205 filing.NotesA Projected rate will be Average LIBOR for rate year + spread.

  • This loan for £10m has a refixing of interest rate every six months at 0.45% plus six month Average LIBOR.

  • Determine the financial impact of outcomes achieved by identifying any cost avoidances, cost offsets and/or compare expenditures for FSPs for at least one age group to average costs associated with reductions in negative quality of life indicators and change since enrollment in the program.

  • December 31, 2017 December 31, 2016Aggregate Notional AmountWeighted Average, LIBOR- Based,Aggregate Notional AmountWeighted Average, LIBOR- Based,Maturity Dates (in millions) Floating Rate (in millions) Floating RateOctober 1, 2017$ — —%$ 6005.10%March 15, 2018$ — —%$ 3005.04%The pretax effect of derivative instruments designated as hedges of fair value in our consolidated statements of income is summarized in the table below.

  • SONIA = Sterling Over Night Indexed Average LIBOR = London Interbank Offered Rate (Sterling)* Before unamortised debt issue costs** Based upon Cushman & Wakefield property valuations The percentage of borrowings at variable rates of interest was 43.1% (31 December 2021: 42.9%).The weighted average term to maturity of the Group’s debt at the year end was 4.5 years (31 December 2021:5.5 years).

  • Our average cost of borrowing during the quarter was 3.03%, witnessing a decline of 70 Bps as compared to Q4, primarily due to a decline in Average LIBOR rate from Q4 to Q1.Our trailing Net Debt to trailing 12 months EBITDA is at 2.6 times as compared to 2.9 times in the same quarter last year.

  • Average LIBOR rates by month were obtained from the following websitehttp://www.global-rates.com/interest- rates/libor/american-dollar/2008.aspxAppendix E Academic References:Crumbley, D.

  • Shown below are the movements in the investment balances and the rate of return for the 2015/16 financial year and for April 2016:- 31 March 201531 March 201630 April 2016Investment portfolio£48,250,000£42,200,000£48,700,000 1 April 2015 to 31March 20161 April 2016 to 30April 2016Average return on investments0.64%0.70 %Average Local Authority 7-day rate0.48%0.48 %Average LIBOR 1-month rate0.50%0.50 % In the 2015/16 financial year an average rate of return of 0.64% was achieved.


More Definitions of Average LIBOR

Average LIBOR means (i) the sum of all the individual LIBOR for each day in the applicable period, divided by (ii) the total number of days in such period.
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Average LIBOR means, for the Delay Period, the result of dividing (a) the sum of all the individual LIBORs for each day in the period from and including the date 2 Business Days before the Delay Period Commencement Date and to but excluding the date that is 2 Business Days before the Settlement Date by (b) the total number of days in such period.
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Average LIBOR means, on any date when a payment of Supplemental Interest is made, the rate determined by (i) adding the LIBOR rate applicable for each Interest Period occurring prior to such date for payment of Supplemental Interest and (ii) dividing such sum by the number of such prior Interest Periods.
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Related to Average LIBOR

  • Weighted Average Life means, as of any date, with respect to any debt security, the quotient obtained by dividing (i) the sum of the products of the number of years from such date to the dates of each successive scheduled principal payment (including any sinking fund payment requirements) of such debt security multiplied by the amount of such principal payment, by (ii) the sum of all such principal payments.

  • Weighted Average Life to Maturity means, when applied to any Indebtedness at any date, the number of years obtained by dividing (i) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment, by (ii) the then outstanding principal amount of such Indebtedness.

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • Weighted Average Life Test means a test that is satisfied at any such time if the Weighted Average Life as calculated on the date of determination is less than or equal to 5.5 years.

  • Average Life means, as of the date of determination, with respect to any Indebtedness or Preferred Stock, the quotient obtained by dividing (1) the sum of the products of the numbers of years from the date of determination to the dates of each successive scheduled principal payment of such Indebtedness or redemption or similar payment with respect to such Preferred Stock multiplied by the amount of such payment by (2) the sum of all such payments.

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of the Collateral Loans as of such date is less than or equal to seven (7.0) years.

  • Remaining Average Life means, with respect to any Called Principal, the number of years (calculated to the nearest one-twelfth year) obtained by dividing (i) such Called Principal into (ii) the sum of the products obtained by multiplying (a) the principal component of each Remaining Scheduled Payment with respect to such Called Principal by (b) the number of years (calculated to the nearest one-twelfth year) that will elapse between the Settlement Date with respect to such Called Principal and the scheduled due date of such Remaining Scheduled Payment.

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Adjusted LIBOR means, for any Borrowing of Eurodollar Loans, a rate per annum determined in accordance with the following formula: Adjusted LIBOR = LIBOR --------------------------------- 1 - Eurodollar Reserve Percentage

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • LIBOR Index Rate means, for any Interest Period, the rate per annum (rounded upwards, if necessary, to the next higher one hundred-thousandth of a percentage point) for deposits in U.S. Dollars for a period equal to such Interest Period, which appears on the Telerate Page 3750 as of 11:00 a.m. (London, England time) on the day 2 Business Days before the commencement of such Interest Period.