LIBOR Interest Determination Date definition

LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

LIBOR Interest Determination Date means (i) the second LIBOR Business Day preceding each LIBOR Rate Reset Date or (ii) March 5, 2021 in the case of the initial interest period.

LIBOR Interest Determination Date. A Business Day that is two (2) Business Days prior to the commencement of each Interest Period during which the Libor Rate will be applicable.

Examples of LIBOR Interest Determination Date in a sentence

• If at least two such rates are so provided, LIBOR determined on the applicable LIBOR Interest Determination Date calculated by the Calculation Agent will be the arithmetic mean of such rates.

• If fewer than two such rates are so provided, then LIBOR determined on the applicable LIBOR Interest Determination Date calculated by the Calculation Agent will be the rate in effect on the applicable LIBOR Interest Determination Date.

• If at least two such offered quotations are so provided, LIBOR determined on the applicable LIBOR Interest Determination Date calculated by the Calculation Agent will be the arithmetic mean of such quotations.

• If at least two such quotations are so provided, then LIBOR on such LIBOR Interest Determination Date will be the arithmetic mean calculated by the calculation agent of such quotations.

• If the Base Rate specified on the face hereof with respect to any Interest Period is LIBOR, this Note is a “LIBOR Note” with respect to such Interest Period and the interest rate with respect to this Note for any Interest Reset Date relating to such Interest Period shall be LIBOR as adjusted by the Spread and/or the Spread Multiplier, if any, as specified on the face hereof, as determined on the applicable LIBOR Interest Determination Date.

More Definitions of LIBOR Interest Determination Date

LIBOR Interest Determination Date. The term "

LIBOR Interest Determination Date means the second London banking day preceding each interest payment date in the floating rate period.

LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBO Rate Reset Date.

LIBOR Interest Determination Date means any Interest Determination Date relating to a LIBOR Note.

LIBOR Interest Determination Date means (i) the second LIBOR Business Day preceding each LIBOR Rate Reset Date or (ii) August 24, 2018, in the case of the initial Interest Period.

LIBOR Interest Determination Date corresponding to any Interest Reset Date means the second London Business Day preceding such Interest Reset Date, unless the Index Currency is pounds sterling, in which case the LIBOR Interest Determination Date will be the Interest Reset Date.

LIBOR Interest Determination Date means the second London Business Day preceding each interest reset date.