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

  • 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%.

  • A fluctuating rate of interest determined by the LIBOR Calculation Agent as being the rate of interest most recently announced by Bank of America, N.A. as its base rate, prime rate, reference rate or similar rate for Dollar loans.

  • The CP Calculation Agent or the LIBOR Calculation Agent, as applicable.

  • 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.

  • 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.


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 in all circumstances.

  • 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 the Reference Treasury Dealer 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 As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions.

  • 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 means the arithmetic mean of the rates (rounded upwards to four decimal places) supplied to the Administrative Agent at its request by the Reference Banks (as the case may be) as of the applicable time on the Quotation Day for Loans in the applicable currency and the applicable Interest Period as the rate at which the relevant Reference Bank could borrow funds in the London (or other applicable) interbank market in the relevant currency and for the relevant period, were it to do so by asking for and then accepting interbank offers in reasonable market size in that currency and for that 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 approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for 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 shall be deemed zero for purposes of the Loan Documents.

  • 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.