LIBOR Quoted Currency definition

LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; and Sterling; in each case as long as there is a published LIBOR rate with respect thereto.
LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.
LIBOR Quoted Currency means Dollars, as long as there is a published LIBOR rate with respect thereto.

Examples of LIBOR Quoted Currency in a sentence

  • If no LIBOR Successor Rate for a LIBOR Quoted Currency has been determined and the circumstances under clause (i) above exist or the Scheduled Unavailability Date has occurred (as applicable), the Administrative Agent will promptly so notify the Borrower and each Lender.

  • Upon receipt of such notice, the Company may revoke any pending request for a Borrowing of, conversion to or continuation of Eurocurrency Rate Loans denominated in a LIBOR Quoted Currency (to the extent of the affected Eurocurrency Rate Loans or Interest Periods) or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans (subject to the foregoing clause (y)) in the amount specified therein.

  • Thereafter, (x) the obligation of the Lenders to make or maintain LIBOR Loans in the applicable LIBOR Quoted Currency shall be suspended (to the extent of the affected LIBOR Loans or Interest Periods), and (y) the LIBOR Rate component shall no longer be utilized in determining the ABR.

  • Such Successor Rate for such Alternative Currency shall be applied in a manner consistent with market practice; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such Successor Rate for such non-Dollar LIBOR Quoted Currency shall be applied in a manner as otherwise reasonably determined by the Administrative Agent.

  • Notwithstanding anything in this Agreement to the contrary, if the LIBOR Screen Rate for any LIBOR Quoted Currency is no longer available or the syndicated loan market has otherwise adopted a replacement rate therefor, then the Borrower and the Administrative Agent may amend this Agreement in order to adopt a broadly accepted replacement rate and make any other changes necessary or advisable (in their good faith determination) to reflect such adoption.


More Definitions of LIBOR Quoted Currency

LIBOR Quoted Currency means Dollars, euro and Pounds Sterling.
LIBOR Quoted Currency means Dollars, Euro and Sterling, in each case as long as there is a published LIBOR rate with respect thereto.
LIBOR Quoted Currency means Dollars, Euros, Pounds and Japanese Yen.
LIBOR Quoted Currency each of the following currencies: Dollars, Euro and Sterling, in each case as long as there is a published LIBOR rate with respect thereto.
LIBOR Quoted Currency means any currency for which the London interbank offered rate is quoted. As of the Execution Date, (a) such rate is administered by the ICE Benchmark Administration Limited (or in the case of Euro, the European Money Markets Institute) and (b) such currencies are Pounds Sterling, Dollars, Euros, Swiss Francs and Japanese Yen.
LIBOR Quoted Currency means (i) U.S. Dollars, (ii) euro, (iii) Pounds Sterling, (iv) Japanese Yen and (v) any other Foreign Currency agreed to by the Borrower, the Administrative Agent and each of the Revolving Lenders.
LIBOR Quoted Currency means any of (a) dollars, (b) euros or (c) Pounds Sterling.