LIBOR Adjusted Rate definition

LIBOR Adjusted Rate with respect to each day during each Interest Period pertaining to a LIBOR Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%): LIBOR

LIBOR Adjusted Rate with respect to each day during each Interest Period pertaining to a LIBOR Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%): LIBOR --------------------------------- 1.00 - LIBOR Reserve Requirements

LIBOR Adjusted Rate means the LIBOR Rate, plus two and three-quarters percent (2.75%) per annum.

Examples of LIBOR Adjusted Rate in a sentence

• The entire relationship of having the Department serve as both the Title V Grantee and the Healthy Start Grantee has been beneficial in terms of comprehensive service delivery.

• Any obligation of Bank hereunder to fund or continue the LIBOR Adjusted Rate applicable to any Advance shall be suspended as long as the events giving rise to such increased costs shall continue, and the Advance shall thereafter bear interest at the Prime Rate.

• His court might be a “Moslem court” in popular parlance, but he was not administering the principles of Moslem law and therefore in strict law the right to opt out did not exist! An amendment of the Native Courts Law, 1956 to define a Moslem court as “one which was presided over by a Moslem” would have created more difficulties than it would have resolved and was not considered desirable.

• In the event Debtor chooses the LIBOR Adjusted Rate it shall also designate the applicable Interest Period of one, two, three, four, or six months.

• Susan Lepri, University of Michigan There has been considerable controversy in recent years over the slow evolution of the Sun's open field, which extends out to become the heliospheric magnetic field.

More Definitions of LIBOR Adjusted Rate

LIBOR Adjusted Rate means, with respect to any LIBOR Loan, a rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) determined by Agent to be equal to the quotient of (i) LIBOR for such Loan for the Interest Period for such Loan divided by (ii) 1 minus the Reserve Requirement for such Loan for such Interest Period.

LIBOR Adjusted Rate means the LIBOR Rate, plus two and one-half percent (2.50%) per annum.

LIBOR Adjusted Rate means with respect to the applicable Interest Period, the per annum rate of interest equal to the Applicable Increment added to the LIBOR Rate.

LIBOR Adjusted Rate means, on any day, a rate per annum equal to the lesser of:

LIBOR Adjusted Rate. The term "LIBOR Adjusted Rate" shall mean, with respect to each particular LIBOR Advance and the associated LIBOR Rate, the rate per annum calculated by Agent (rounded upwards, if necessary, to the next higher 0.01%) determined on a daily basis pursuant to the following formula: LIBOR Adjusted Rate = LIBOR Rate + Applicable LIBOR Margin No LIBOR Adjusted Rate shall ever exceed the Highest Lawful Rate.

LIBOR Adjusted Rate means the rate per annum equal to the sum of the Applicable Margin and One-Month LIBOR, rounded upward to the nearest 1/16th of 1%, as determined on each Continuation Date; and being a variable interest rate which is subject to adjustment on each Continuation Date in accordance with changes in the One-Month LIBOR. As of the date of the Credit Agreement, One-Month LIBOR equals 0.44% per annum and the LIBOR Adjusted Rate equals 4.125% per annum.

LIBOR Adjusted Rate means the LIBOR Rate, plus five percent (5.00%) per annum.