Eurocurrency Bid Margin definition

Eurocurrency Bid Margin means the margin above or below the Eurocurrency Rate to be added to or subtracted from the Eurocurrency Rate, which margin shall be expressed in multiples of 1/100th of one basis point.
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Eurocurrency Bid Margin means the margin above or below the Eurocurrency Rate to be added or subtracted from the Eurocurrency Rate, which margin shall be expressed in multiples of 1/100% of one basis point. NYDOCS/1204419.6
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Eurocurrency Bid Margin has the meaning specified in Section 2.6(b)(iv)(C).
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Examples of Eurocurrency Bid Margin in a sentence

  • The unpaid principal amount of each Competitive Bid Loan shall bear interest on the outstanding principal amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the Competitive Bid Absolute Rate quoted by the Lender making such Loan or the Eurocurrency Bid Margin plus the Eurocurrency Rate quoted by the Administrative Agent, as the case may be.

  • If any Bid Borrowing is to consist of Eurocurrency Bid Margin Loans, the Administrator shall determine the Eurocurrency Rate for the relevant Interest Period, and promptly after making such determination, but no later than the time period specified in Section 1.4(d), shall notify the Company and the Banks that will be participating in such Bid Borrowing of such Eurocurrency Rate.


More Definitions of Eurocurrency Bid Margin

Eurocurrency Bid Margin means the margin above or below the LIBO Rate to be added to or subtracted from the LIBO Rate, which margin shall be expressed in multiples of 1/100th of one basis point.
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Eurocurrency Bid Margin means the margin to be added to or subtracted from the Eurocurrency Rate, which margin shall be expressed in multiples of 1/100th of one basis point.
Sample 1
Eurocurrency Bid Margin means the margin above or below the Eurocurrency Rate to be added to or subtracted from the Eurocurrency Rate, which margin shall be expressed in multiples of 1/100th of one basis point. "EUROCURRENCY MARGIN BID LOAN" means a Bid Loan that bears interest at a rate based upon the Eurocurrency Rate. "EUROCURRENCY RATE" means for any Interest Period with respect to a Eurocurrency Rate Loan, the rate per annum equal to the British Bankers Association LIBOR Rate ("BBA LIBOR"), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00
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Related to Eurocurrency Bid Margin

  • Eurocurrency Base Rate has the meaning specified in the definition of Eurocurrency Rate.

  • Eurocurrency when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Adjusted Eurocurrency Rate means, for the Interest Period for any Eurocurrency Borrowing, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Eurodollar Margin means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • LIBOR has the meaning specified in the definition of Eurodollar Rate.