LIBID Rate definition

LIBID Rate as of any Funding Breakage Date shall mean the rate of interest determined in good faith by a Lender in accordance with its usual procedures (which determination shall be conclusive) to be the average of rates per annum for deposits in Dollars bid for by major money center banks in the euro-dollar interbank market for delivery on the Funding Breakage Date, which deposits are of an amount comparable to the Funding Segment that is paid, prepaid or converted to the Base Rate Option and which deposits mature on the last day of the corresponding Euro-Rate Funding Period (or if no such deposits mature on such date, the rate determined by standard securities interpolation methods as applied to deposits maturing as close as possible to, but earlier than, such date, and to deposits maturing as close as possible to, but later than, such date).
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LIBID Rate means for any Interest Period a rate equal to (A) the Eurodollar Rate for such Interest Period minus (B) 0.10% per annum.
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LIBID Rate means for any Interest Period a rate equal to (A) the rate of return actually achieved by the Administrative Agent on its investment of Credit-Linked Deposits under, and as described in, Section 2.20(b), minus (B) the Deposit Investment Fee described in Section 2.10(d).
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Examples of LIBID Rate in a sentence

  • Treasury Management investment performance at the end of Quarter 3 is shown in the table below, along with the average 7-day London Interbank Bid (LIBID) Rate.

  • In exceptional cases, where deposit is for a minimum amount of USD 250,000 or its equivalent in other currencies, RFC FDR may also be accepted for short period of one week to less than one month.RATE OF INTEREST:Interests on RFC SB, RFC Term Deposits from 1 week to less than 1 year are linked to London Inter Bank Bid (LIBID) Rate.

  • IntesaBci agrees that the Permitted Investments shall earn interest from time to time at the LIBID Rate.

  • If quotations are received from at least two major banks, the Applicable LIBID Rate to be used in calculating the Interest Rate for the Forthcoming Interest Period will be the arithmetic means of the quotations received, less 1/8th of 1%.

  • If for any reason the Applicable LIBID Rate cannot be determined by the Trustee in any of these manners, the Interest Rate in effect during the Interest Period about to end will be continued in effect during the forthcoming Interest Period.

  • RATE OF INTEREST:The rate of interest on RFC deposits are decided on a monthly basis by the Asset Liability Committee (ALCO) of the Bank, who has been delegated with such powers by the Board.Accordingly, interest on RFC Deposits is intimated on a Monthly basis by Integrated Treasury Wing, Mumbai.Interests on RFC SB, RFC Term Deposits from 1 week to less than 1 year are linked to London Inter-Bank Bid (LIBID) Rate.

  • The table in paragraph 8.1 of the Report set out details relating to Treasury Management investment performance at the end of Quarter 2 together with the average 7-day London Interbank Bid (LIBID) Rate.

  • The objective of the BlackRock Cash Fund and how it invests is to produce a return in excess of its benchmark (7 day LIBID Rate) principally from a portfolio of Sterling denominated cash, deposits and money-market instruments.

  • RATE OF INTEREST:Interests on RFC SB, RFC Term Deposits from 1 week to less than 1 year are linked to London Inter Bank Bid (LIBID) Rate.

  • RATE OF INTEREST:Interests on RFC SB, RFC Term Deposits from 1 week to less than 1 year are linked to London Inter-Bank Bid (LIBID) Rate.


More Definitions of LIBID Rate

LIBID Rate means the Eurodollar Base Rate (without giving effect to the last proviso of the definition thereof) MINUS 0.125% per annum.
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LIBID Rate means, for any period between Interest Payment Dates (or, in the case of the first such period, commencing on the date of this Agreement), a rate per annum (calculated on the basis of a 360-day year and actual days elapsed) equal to (x) the rate determined by reference to Telerate Page 3750 as of 11:00 A.M. (London time), on the date two London business days prior to the first day of such period (or, in the case of the first such period, the rate determined by IntesaBci as the London interbank offered rate available to it in respect of such period) minus (y) 12.5 basis points.
Sample 1
LIBID Rate means, for any period between Interest Payment Dates, a rate per annum (calculated on the basis of a 360-day year and actual days elapsed) equal to (x) the rate determined by reference to Telerate Page 3750 as of 11:00 A.M. (London time), on the date two London business days prior to the first day of such period minus (y) 12.5 basis points.
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LIBID Rate means, relative to any Remaining Interest Period for an Affected Principal Amount of a LIBO Rate Loan, the rate per annum determined by the Administrative Agent as follows:
Sample 1

Related to LIBID Rate

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Winning Bid Rate has the meaning specified in Section 11.10(d)(i) below.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the Reserve Percentage.

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Absolute Rate means a fixed rate of interest expressed in multiples of 1/100th of one basis point.

  • Base LIBOR Rate means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if necessary, to the next 1/16%), on the basis of the rates at which Dollar deposits are offered to major banks in the London interbank market on or about 11:00 a.m. (California time) 2 Business Days prior to the commencement of the applicable Interest Period, for a term and in amounts comparable to the Interest Period and amount of the LIBOR Rate Loan requested by Administrative Borrower in accordance with this Agreement, which determination shall be conclusive in the absence of manifest error.

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

  • Competitive Bid Margin means the margin above or below the applicable Eurocurrency Base Rate offered for a Eurocurrency Bid Rate Loan, expressed as a percentage (rounded to the nearest 1/100 of 1%) to be added or subtracted from such Eurocurrency Base Rate.

  • Base CD Rate means the sum of (a) the Three-Month Secondary CD Rate multiplied by the Statutory Reserve Rate plus (b) the Assessment Rate.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

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

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

  • Applicable LIBOR Rate means, (a) for Auction Periods of 35 days or less, One-Month LIBOR, (b) for Auction Periods of more than 35 days but less than 91 days, Three-Month LIBOR, (c) for Auction Periods of more than 90 days but less than 181 days, Six-Month LIBOR, and (d) for Auction Periods of more than 180 days, One-Year LIBOR.

  • Applicable Advance Rate For each Collateral Obligation and for the applicable number of Business Days between the certification date for a sale or participation required by Section 9.4 and the expected date of such sale or participation, the percentage specified below: Senior Secured Loans with a Market Value of: 90% or more of par 100 % 93 % 92 % 88 % Below 90% of par 100 % 80 % 73 % 60 % Other Collateral Obligations with a Xxxxx’x Rating of at least “B3” and a Market Value of 90% or more of par 100 % 89 % 85 % 75 % All other Collateral Obligations 100 % 75 % 65 % 45 %

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.

  • Reference Rate means the rate specified as such hereon.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Money Market Absolute Rate has the meaning set forth in Section 2.3(d).

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, the rate appearing on Page 3750 of the Telerate Service (or on any successor or substitute page of such Service, or any successor to or substitute for such Service, providing rate quotations comparable to those currently provided on such page of such Service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, as the rate for dollar deposits with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the "LIBO Rate" with respect to such Eurodollar Borrowing for such Interest Period shall be the rate at which dollar deposits of $5,000,000 and for a maturity comparable to such Interest Period are offered by the principal London office of the Administrative Agent in immediately available funds in the London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period.

  • Discount Rate means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance.