LIBOR Rate Reset Date definition

LIBOR Rate Reset Date means, subject to Section 2.5(b), the 30th day of the months of March, June, September and December of each year commencing on June 30, 2016.
LIBOR Rate Reset Date has the meaning set forth in the definition of “Three-Month LIBOR Rate.”
LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition ofCalculation Agent” set forth above, the 28th day of February, May, August and November of each year continuing until Maturity, commencing on November 28, 2018.

Examples of LIBOR Rate Reset Date in a sentence

  • During the Floating Rate Period, if any LIBOR Rate Reset Date falls on a day that is not a Business Day, the LIBOR Rate Reset Date will be postponed to the next day that is a Business Day, except that if that Business Day is in the next succeeding calendar month, the LIBOR Rate Reset Date will be the immediately preceding Business Day.

  • The per annum interest rate shall be reset on each LIBOR Rate Reset Date.

  • During the Floating Rate Period, the interest rate in effect on any LIBOR Rate Reset Date will be the applicable rate as reset on that date and the interest rate applicable to any other day will be the interest rate as reset on the immediately preceding LIBOR Rate Reset Date.

  • If any LIBOR Rate Reset Date falls on a day that is not a Business Day, the LIBOR Rate Reset Date will be postponed to the next day that is a Business Day, except that if that Business Day is in the next succeeding calendar month, the LIBOR Rate Reset Date will be the next preceding Business Day.

  • The interest rate in effect on any LIBOR Rate Reset Date will be the applicable rate as reset on that date.


More Definitions of LIBOR Rate Reset Date

LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition ofCalculation Agent” set forth above, the 14th day of February, May, August and November of each year continuing until the Maturity, commencing on February 14, 2019.
LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition ofCalculation Agent” set forth above, the 13th day of March, June, September and December of each year continuing until the Maturity, commencing on June 13, 2020.
LIBOR Rate Reset Date has the meaning set forth in Section 204(b) hereof.
LIBOR Rate Reset Date means, subject to the above paragraph immediately preceding the definition ofBusiness Day,” the January 7, April 7, July 7 and October 7 of each year continuing until the Stated Maturity, commencing on January 7, 2021.
LIBOR Rate Reset Date means, subject to the above paragraph immediately preceding the definition ofCalculation Agent,” the March 15, June 15, September 15 and December 15 of each year continuing until the Stated Maturity, commencing on December 15, 2019.
LIBOR Rate Reset Date means, subject to Section 2.4(b), March 1, June 1, September 1 and December 1 of each year, beginning March 1, 2017.
LIBOR Rate Reset Date means each February 15, May 15, August 15, and November 15 during the Floating Rate Period, commencing February 15, 2028; provided that if any such day is not Business Day, then the LIBOR Rate Reset Date shall be the next day that is a Business Day, except that if such next day that is a Business Day falls in the next succeeding calendar month, then such date shall be the immediately preceding Business Day.