LIBOR Determination Date definition

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.

LIBOR Determination Date has the meaning specified in Schedule A.

LIBOR Determination Date. The second LIBOR Business Day before the first day of the related Accrual Period.

Examples of LIBOR Determination Date in a sentence

• The Calculation Agent will also specify to the Company the quotations upon which the foregoing rates and amounts are based and, in any event, the Calculation Agent shall notify the Company before 5:00 p.m. (London time) on each LIBOR Determination Date that either: (i) it has determined or is in the process of determining the foregoing rates and amounts or (ii) it has not determined and is not in the process of determining the foregoing rates and amounts, together with its reasons therefor.

• If at least two such quotations are provided, the rate for that LIBOR Determination Date shall be the arithmetic mean of the quotations.

• If at least two such quotations are provided, the rate for that LIBOR Determination Date will be the arithmetic mean of the quotations.

• If such rate does not appear on Telerate Page 3750, the rate for that LIBOR Determination Date shall be determined on the basis of the rates at which deposits in United States dollars are offered by the Reference Banks at approximately 11:00 a.m., London time, on that day to prime banks in the London interbank market for a one-month period.

• The Pass-Through Rate for each Class of LIBOR Certificates for each Interest Accrual Period shall be determined by the Trustee on each LIBOR Determination Date so long as the LIBOR Certificates are outstanding on the basis of LIBOR and the respective formulae appearing in footnotes corresponding to the LIBOR Certificates in the table relating to the Certificates in the Preliminary Statement.

More Definitions of LIBOR Determination Date

LIBOR Determination Date means the second London Business Day prior to the Closing Date with respect to the first Payment Date and, as to each subsequent Payment Date, the second London Business Day prior to the immediately preceding Payment Date.

LIBOR Determination Date means, the date that is two London Banking Days before the first day of the applicable Interest Period.

LIBOR Determination Date means, with respect to each Interest Period, the day that is two Business Days prior to the first day of such Interest Period.

LIBOR Determination Date has the meaning set forth in Section 2.10(b).

LIBOR Determination Date means, for each Accrual Period, the second Business Day before the beginning of that Accrual Period.

LIBOR Determination Date means the second London Banking Day immediately preceding the first day of the relevant Dividend Period.

LIBOR Determination Date means May 16, 2016 for the period from and including the Issuance Date to but excluding July 15, 2016, and the second London Business Day prior to the commencement of the second and each subsequent Interest Period.