Examples of LIBOR Index Reset Date in a sentence
The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date during the LIBOR Index Rate Period, and such rate shall become effective on the LIBOR Index Reset Date next succeeding the Computation Date and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.
The Calculation Agent shall notify the Paying Agent and the Borrower of the LIBOR Index Rate with respect to each LIBOR Index Reset Date.
The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date during the LIBOR Index Rate Period, and such rate shall become effective on the LIBOR Index Reset Date next succeeding such Computation Date and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the Purchase Date.
Upon receipt of such notice, (i) the Borrower shall immediately revoke any pending request for Advances, and deliver notice to the Purchaser that the rate on Advances will be converted a rate determined by the Purchaser, after consultation with the Borrower, in the amount specified therein and (ii) the interest on all outstanding Advance shall be automatically converted to the interest rate set forth in such notice on the next succeeding LIBOR Index Reset Date.
What is agreed is that the experience of current poverty, and the length of time spent in poverty, is associated with an increased risk of future poverty.