LIBOR Index Reset Date definition

LIBOR Index Reset Date means the first Business Day of each calendar month.

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LIBOR Index Reset Date means the first Business Day of each month.

LIBOR Index Reset Date means the first Business Day of each calendar

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 determine the LIBOR Index Rate for each LIBOR Index Interest Period on the Computation Date immediately preceding such LIBOR Index Interest Period, and such rate shall become effective for the LIBOR Index Interest Period on the LIBOR Index Reset Date immediately succeeding such Computation Date.
If the LIBOR Index Rate is not determined by the Calculation Agent on the Computation Date, the Bonds shall continue to bear interest at the LIBOR Index Rate in effect on the immediately preceding LIBOR Index Reset Date until the Calculation Agent next determines the LIBOR Index Rate as required hereunder.
If the LIBOR Index Rate is not determined by the Calculation Agent by 5:00 p.m. on the Business Day immediately preceding each Interest Payment Date, the interest rate on the Bonds shall be the rate in effect for the immediately preceding LIBOR Index Reset Date until the Trustee next determines the LIBOR Index Rate as required hereunder.
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 immediately 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 last day of such period.

More Definitions of LIBOR Index Reset Date

LIBOR Index Reset Date has the meaning meaning assigned to that term in the Indenture.

LIBOR Index Reset Date for Bonds in a LIBOR Term Indexed Mode means the first Business Day of and each Interest Payment Date in such Interest Mode.

LIBOR Index Reset Date means the Issue Date, and thereafter, the first Business Day of each month.

LIBOR Index Reset Date means the first calendar day of each calendar month. "Liquidity Account" means the account by that name in each Purchase Fund established

LIBOR Index Reset Date means the first calendar day of each calendar month; provided, however, that the initial LIBOR Index Reset Date shall be July 1, 2017.

LIBOR Index Reset Date means, with respect to each advance of the Loan hereunder, the first day such advance of the Loan is made, and thereafter the first day of each calendar month.

LIBOR Index Reset Date means the fifth Business Day of each calendar month commencing July 1, 2014.