LIBOR Calculation Agent definition

LIBOR Calculation Agent means JPMorgan Chase Bank, N.A.
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LIBOR Calculation Agent means Citibank, N.A., as agent under the EBRD’s Global Medium Term Note Programme, or any successor agent thereunder, for EBRD Notes, or, for the sole purposes of determining the Early Redemption Payment with respect to a Ceding Reinsurer Default Redemption Event and the Residual Interest Amount, the Indenture Trustee.
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LIBOR Calculation Agent means the Indenture Trustee.
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Examples of LIBOR Calculation Agent in a sentence

  • The LIBOR Calculation Agent may be removed by the Issuer at any time.

  • The LIBOR Calculation Agent may not resign its duties, and the Issuer may not remove the LIBOR Calculation Agent, without a successor having been duly appointed.

  • If the LIBOR Calculation Agent is unable or unwilling to act as such or is removed by the Issuer, or if the LIBOR Calculation Agent fails to determine LIBOR for a Dollar Interest Accrual Period, the Issuer shall promptly appoint a replacement LIBOR Calculation Agent that does not control or is not controlled by or under common control with the Issuer or its Affiliates.

  • The Issuer hereby initially appoints the Indenture Trustee as the LIBOR Calculation Agent for purposes of determining LIBOR for each Dollar Interest Accrual Period.

  • The LIBOR Calculation Agent shall request the principal London office of each of the LIBOR Reference Banks to provide a quotation of its rate.

  • For any Interest Accrual Period (other than the initial Interest Accrual Period), the London interbank offered rate for one-month U.S. Dollar deposits as determined by the LIBOR Calculation Agent as described under “Description of the Notes—Determination of LIBOR Note Interest Rate” herein except that LIBOR for the initial Interest Accrual Period shall equal 3.836%.

  • Collateral Trustee, Loan Agent, Security Registrar, Paying Agent, Transfer Agent and LIBOR Calculation Agent U.S. Bank National Association (the "Bank") will serve as "Collateral Trustee," "Loan Agent," "Security Registrar," "Paying Agent," "Transfer Agent" (in the foregoing capacities, collectively, the "Bank Parties") and "LIBOR Calculation Agent".

  • Neither the LIBOR Calculation Agent nor the Collateral Manager shall have any liability for the (y) selection of Reference Banks or other leading banks in the City of New York whose quotations may be used for purposes of calculating LIBOR or for the failure of any Reference Bank or leading bank to provide a quotation or(z) quotations received from such Reference Banks or leading banks, as applicable.

  • Class A LIBOR Rate, the Class B Rate, the Class C Rate, the Class D Rate, the Class A-T Note Interest Amount, the Class A-R Note Interest Amount, the Class A-M Note Interest Amount, the Class B Note Interest Amount, the Class C Note Interest Amount and the Class D Note Interest Amount by the LIBOR Calculation Agent shall, absent manifest error, be final and binding on all parties.

  • If the LIBOR Calculation Agent is unable to determine LIBOR using any of these methods, then LIBOR will mean LIBOR as previously determined on the last LIBOR Determination Date on which the LIBOR Calculation Agent was able to determine LIBOR using any of the foregoing methods.


More Definitions of LIBOR Calculation Agent

LIBOR Calculation Agent has the meaning set forth in Section 2.04(b) hereof.
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LIBOR Calculation Agent means ING Bank N.V.
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Related to LIBOR Calculation Agent

  • Index Calculation Agent means Bank Vontobel AG, Gotthardstrasse 43, 8002 Zurich, Switzerland. "Index Calculation Day" means every day from Monday to Friday.

  • RMB Rate Calculation Agent means the agent appointed from time to time by the Issuer for the determination of the RMB Spot Rate or identified as such in the relevant Final Terms.

  • Calculation Agent means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

  • Currency Determination Agent means the agent, if any, from time to time selected by the Trustee for purposes of Section 3.10; provided that such agent shall accept such appointment in writing and the terms of such appointment shall be acceptable to the Company and shall, in the opinion of the Company and the Trustee at the time of such appointment, require such agent to make the determinations required by this Indenture by a method consistent with the method provided in this Indenture for the making of such decision or determination.

  • Valuation Agent means Party A.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Quotation Agent means one of the Reference Treasury Dealers appointed by the Company.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Reset Reference Bank Rate means, in relation to a Reset Period and the Reset Determination Date in relation to such Reset Period, the percentage rate determined on the basis of the 5-year Mid-Swap Rate Quotations provided by the Reset Reference Banks to the Agent Bank at approximately 12:00 p.m. (London time) on such Reset 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, the Reset Reference Bank Rate for the relevant Reset Period will be (i) in the case of each Reset Period other than the Reset Period commencing on the First Reset Date, the 5-year Mid-Swap Rate in respect of the immediately preceding Reset Period or (ii) in the case of the Reset Period commencing on the First Reset Date, an amount equal to the Initial Interest Rate less the Margin;

  • Calculation Agent Agreement means the Calculation Agent Agreement dated as of May 18, 2018 between the Company and the Calculation Agent, as amended from time to time.

  • USD-LIBOR-BBA means, in respect of a calendar day, the LIBOR rate for U.S. Dollars deposits with a designated maturity which appears on the Reuters Screen LIBOR01 Page (or the successor or replacement to such page as determined by the Calculation Agent) at 11:00 a.m., London time, on the day that is two London Business Days preceding the relevant reset date.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Reference Bank Rate As to any Accrual Period relating to the LIBOR Certificates as follows: the arithmetic mean (rounded upwards, if necessary, to the nearest one sixteenth of a percent) of the offered rates for United States dollar deposits for one month which are offered by the Reference Banks as of 11:00 A.M., London time, on the Interest Determination Date prior to the first day of such Accrual Period to prime banks in the London interbank market for a period of one month in amounts approximately equal to the aggregate Class Principal Balance of the LIBOR Certificates; provided that at least two such Reference Banks provide such rate. If fewer than two offered rates appear, the Reference Bank Rate will be the arithmetic mean of the rates quoted by one or more major banks in New York City, selected by the Trust Administrator after consultation with DLJMC, as of 11:00 A.M., New York City time, on such date for loans in U.S. Dollars to leading European banks for a period of one month in amounts approximately equal to the aggregate Class Principal Balance of the LIBOR Certificates. If no such quotations can be obtained, the Reference Bank Rate shall be the Reference Bank Rate applicable to the preceding Accrual Period.

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at or about 11:00 a.m., London time, two (2) London Banking Days prior to such day, for U.S. Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate will be deemed zero for purposes of this Agreement.

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Exchange Rate Agent means, with respect to Securities of or within any series, unless otherwise specified with respect to any Securities pursuant to Section 301, a New York Clearing House bank, designated pursuant to Section 301 or Section 313.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.