JPY-TIBOR-ZTIBOR definition

JPY-TIBOR-ZTIBOR means that the rate for a Reset Date will be Euroyen TIBOR for a period of the Designated Maturity which appears on the Reuters Screen ZTIBOR Page as of 12:50 p.m., Tokyo time (or any amended publication time as specified by the Euroyen TIBOR benchmark administrator in the Euroyen TIBOR benchmark methodology), on the day that is two Tokyo Banking Days preceding that Reset Date. No Index Cessation Effective Date with respect to Euroyen TIBOR If, by 12:50 p.m., Tokyo time (or the amended publication time for Euroyen TIBOR, if any, as specified by the Euroyen TIBOR benchmark administrator in the Euroyen TIBOR benchmark methodology), on that Reset Date, Euroyen TIBOR for a period of the Designated Maturity in respect of the Original Euroyen TIBOR Fixing Date has not been published on the Reuters Screen ZTIBOR Page and an Index Cessation Effective Date has not occurred, then the rate for that Reset Date will be Euroyen TIBOR for a period of the Designated Maturity in respect of the Original Euroyen TIBOR Fixing Date, as provided by the administrator of Euroyen TIBOR and published by an authorized distributor or by the administrator of Euroyen TIBOR itself. If by 2:00 p.m., Tokyo time (or one hour and ten minutes after the amended publication time for Euroyen TIBOR), on that Reset Date, neither the administrator of Euroyen TIBOR nor an authorized distributor has provided or published Euroyen TIBOR for a period of the Designated Maturity in respect of the Original Euroyen TIBOR Fixing Date and an Index Cessation Effective Date has not occurred, then, unless otherwise agreed by the parties, the rate for that Reset Date will be:
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JPY-TIBOR-ZTIBOR means that the rate for a Reset Date will be the rate for deposits in Yen for a period of the Designated Maturity which appears on the Reuters Screen ZTIBOR Page as of 11:00 a.m., Tokyo time, on the day that is two Tokyo Banking Days preceding that Reset Date. If such rate does not appear on the Reuters Screen ZTIBOR Page, the rate for that Reset Date will be determined as if the parties had specified "JPY-TIBOR-TIBM-Reference Banks" as the applicable Floating Rate Option.
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Examples of JPY-TIBOR-ZTIBOR in a sentence

  • IRS Transaction referencing JPY-Euroyen TIBOR, JPY-TIBOR, JPY-TONA-OIS Compound, JPY-TIBOR-ZTIBOR, JPY-TIBOR-17097 or JPY-TONA-OIS- COMPOUND: Tokyo b.

  • According to male respondents, there was significant difference between the overall effectiveness of Internal and External Monitoring System.

Related to JPY-TIBOR-ZTIBOR

  • STIBOR means the Stockholm inter-bank offered rate.

  • NIBOR means the Norwegian interbank offered rate;

  • CIBOR means the Copenhagen interbank offered rate;

  • USD-LIBOR-BBA As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions.

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

  • HIBOR means the Hong Kong inter-bank offered rate.

  • IBOR means the rate of interest per annum determined by the Agent as the rate at which Dollar deposits in the approximate amount of BofA's Offshore Rate Loan for such Interest Period would be offered by BofA's Grand Cayman Branch, Grand Cayman B.W.I. (or such other office as may be designated for such purpose by BofA), to major banks in the offshore Dollar interbank market at their request at approximately 9:00 a.m. (San Francisco time) one Business Day prior to the commencement of such Interest Period. The Offshore Rate shall be adjusted automatically as to all Offshore Rate Loans then outstanding as of the effective date of any change in the Eurodollar Reserve Percentage.

  • LIBOR Index Rate means, for any Interest Period, the rate per annum (rounded upwards, if necessary, to the next higher one-sixteenth of one percent) for deposits in U.S. Dollars for delivery on the first day of and for a period equal to such Interest Period in an amount equal or comparable to the principal amount of the Eurodollar Loan scheduled to be made by each Lender as part of such Borrowing, which appears on the Applicable Telerate Page as of 11:00 a.m. (London, England time) on the day two (2) Business Days before the commencement of such Interest Period.

  • USD LIBOR means the London interbank offered rate for U.S. dollars.

  • EURIBOR means the Euro-zone inter-bank offered rate.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • LIBOR Floor means 0.00%.

  • CDOR has the meaning specified in the definition of “Eurocurrency Rate.”

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.

  • Money Market LIBOR Loan means a loan to be made by a Bank pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 8.01(a)).

  • Adjusted London Interbank Offered Rate applicable to any Interest Period means a rate per annum equal to the quotient obtained (rounded upward, if necessary, to the next higher 1/100 of 1%) by dividing (i) the applicable London Interbank Offered Rate by (ii) 1.00 minus the Euro-Dollar Reserve Percentage.

  • Telerate British Bankers Assoc. Interest Settlement Rates Page means the display designated as Page 3750 on the Telerate System Incorporated Service (or such other page as may replace such page on such service for the purpose of displaying the rates at which dollar deposits are offered by leading banks in the London interbank deposit market).

  • Reference Bank Rate means the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Facility Agent at its request by the Reference Banks as the rate at which the relevant Reference Bank could borrow funds in the London interbank market in dollars for the relevant period, were it to do so by asking for and then accepting interbank offers for deposits in reasonable market size in that currency and for that period.

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

  • Eurocurrency Interest Period means with respect to any Eurocurrency Rate Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months (or, to the extent agreed to by the Agent and each Lender making such Eurocurrency Rate Borrowing, twelve months or any shorter period) thereafter, as a Borrower may elect; provided that (a) if any Eurocurrency Interest Period would end on a day other than a Business Day, such Eurocurrency Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Eurocurrency Interest Period shall end on the next preceding Business Day, (b) any Eurocurrency Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Eurocurrency Interest Period) shall end on the last Business Day of the last calendar month of such Eurocurrency Interest Period and (c) no Eurocurrency Interest Period for any (i) Eurocurrency Rate Revolving Loan shall end after the latest Scheduled Termination Date for the applicable Revolving Commitments under the applicable Revolving Facility or (ii) Eurocurrency Rate Term Loans shall end after the stated maturity date of such Term Loans.

  • CDOR Rate is defined in the definition of “Eurocurrency Rate” herein.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Reset Reference Bank Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period, the percentage rate determined on the basis of the 7-year Mid-Swap Rate Quotations provided by the Reset Reference Banks to the Fiscal Agent at approximately 11:00 a.m. (New York City time) on such Reset Rate of Interest Determination Date. If at least three quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Bank Rate will be the quotation provided. If no quotations are provided,

  • Reuters Screen LIBOR Page means the display on the Reuters screen LIBOR01 page or LIBOR02 page, as specified in applicable pricing supplement, on the Reuters 3000 Xtra service (or any successor service) (or any replacement page or pages on the Reuters 3000 Xtra service or any successor service on which London interbank rates of major banks for the relevant index currency are displayed).