LIBOR Class definition

LIBOR Class. A Class bearing interest at a rate determined by reference to the applicable LIBOR.
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LIBOR Class. Any Floating Rate Class for which the related Interest Rate is calculated with reference to LIBOR or any successor index thereto.
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LIBOR Class. Any Floating Rate Class for which the related Class Interest Rate is calculated with reference to LIBOR or any successor index thereto. Mega or Mega Certificate: As to each Mega Issue, the Xxxxxx Xxx Guaranteed MBS Pass-Through Securities issued pursuant to this Trust Agreement and the related Issue Supplement.
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Examples of LIBOR Class in a sentence

  • When used with respect to an Index Determination Date for any LIBOR Class, “Business Day” will mean a day on which banks are open for dealing in foreign currency and exchange in London and New York City.

  • Yen LIBOR Class ActionsIn April 2013, ICAP plc was added as a defendant to an existing civil litigation originally filed in April 2012, Laydon v.

  • Swiss LIBOR Class ActionOn 4 December 2017, a class of plaintiffs filed a Second Amended Class Action Complaint in the matter of Sonterra Capital Master Fund Ltd.

  • LIBOR Class actionsThe Group is currently defending the following LIBOR related actions.

  • Our calculation of the rate of interest of each LIBOR Class on each index determination date will be final and binding, absent manifest error.

  • LIBOREach LIBOR Class bears interest during each Accrual Period by reference to the arithmetic mean of the London interbank oÅered quotations for Eurodollar deposits with a maturity of one month (""LIBOR'').The Trustee will calculate the Class Coupons of the LIBOR Classes for each Accrual Period (after the Ñrst Accrual Period) on the second business day before the Accrual Period begins (an ""Adjustment Date'').

  • Claimants must electronically submit their Claim Forms online at www.SwissFrancLIBORClassActionSettlement.com by 11:59 p.m. Eastern Time on October 27, 2023 OR mail the Claim Forms to the Settlement Administrator at Swiss Franc LIBOR Class Action Settlement, c/o Epiq, P.O. Box 5585, Portland, OR 97228-5585 so they are postmarked and mailed no later than October 27, 2023.

  • No representation is made about the timing of distributions of the Class AI Deferred Interest Amount other than that such amount will be paid no later than the Final Distribution Date for Class AI.Class FA 0.16900% LIBORSecurity Group 1PPC Prepayment Assumption RatesClass FA 1.16900% LIBOR Class FA 4.17900% LIBOR Distribution Date 0%75% 100% 125% 150% 0%75% Class FA 7.18900% LIBORPPC Prepayment Assumption Rates Class FA 10.19900% LIBOR Distribution Date 0%75% 100% Weighted AverageLife (years) .........

  • Class SA 0.20000% LIBOR PPC PrepaymentAssumptionRates Class SA1.20000% LIBOR Class SA 4.22267% LIBOR April 2042 andthereafter ..........

  • Class BI* 0.15900% LIBORSecurity Group 2PPC Prepayment Assumption RatesClass BI* 1.15900% LIBOR Class BI* 4.92667% LIBOR Distribution Date 0%75% 100% 125% 150% 0%75% Class BI* 8.69434% LIBORPPC Prepayment Assumption Rates Class BI* 12.46200% LIBOR Distribution Date 0%75% 100% Weighted AverageLife (years) .........


More Definitions of LIBOR Class

LIBOR Class means any certificate issued in connection with an Applicable Certificate Issuance for which the related interest rate is, or by its terms may in the future be, calculated with reference to a London interbank offered rate.
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Related to LIBOR Class

  • LIBOR Certificates As specified in the Preliminary Statement.

  • Eurodollar Interest Period or "Interest Period" shall mean, with respect to a Eurodollar Loan, a period of one, two, three or six months commencing on a Business Day selected by the Borrowers pursuant to this Agreement. Such Eurodollar Interest Period shall end on the day which corresponds numerically to such date one, two, three or six months thereafter, provided, however, that if there is no such numerically corresponding day in such next, second, third or sixth succeeding month, such Eurodollar Interest Period shall end on the last Business Day of such next, second, third or sixth succeeding month. If a Eurodollar Interest Period would otherwise end on a day which is not a Business Day, such Eurodollar Interest Period shall end on the next succeeding Business Day, provided, however, that if said next succeeding Business Day falls in a new calendar month, such Eurodollar Interest Period shall end on the immediately preceding Business Day.

  • LIBOR Interest Period means, with respect to a LIBOR Advance, a period of one, two, three or six months, as selected in advance by the Borrower.

  • 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 Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.

  • Eurodollar Period means, as to each Eurodollar Rate Loan, the period commencing on the date specified by Borrower pursuant to Section 2.1(b) and ending 1, 2, 3 or 6 months (or, with the written consent of all of the Lenders, any other period) thereafter, as specified by Borrower in the applicable Request for Loan; provided that:

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

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO 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.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Eurodollar Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • Eurocurrency Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurocurrency Rate for each outstanding Eurocurrency Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurocurrency Reserve Percentage.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • LIBOR Floor means 0.00%.

  • LIBOR Reserve Percentage means the reserve percentage prescribed by the Board of Governors of the Federal Reserve System (or any successor) for “Eurocurrency Liabilities” (as defined in Regulation D of the Federal Reserve Board, as amended), adjusted by Bank for expected changes in such reserve percentage during the applicable term of this Note.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Eurocurrency Tranche the collective reference to Eurocurrency Loans under a particular Facility the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • LIBOR Screen Rate means the LIBOR quote on the applicable screen page the Administrative Agent designates to determine LIBOR (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time).

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

  • Eurocurrency when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

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