LIBOR Rate Tranche definition

LIBOR Rate Tranche means a portion of the outstanding Purchase Price on Open Transactions on which the Pricing Rate is determined by reference to the LIBOR Rate plus the applicable LIBOR Margin.
LIBOR Rate Tranche means the collective reference to LIBOR Loans under a particular Facility with respect to which all then current Interest Periods (i) begin on the same date and (ii) end on the same later date (whether or not such Loans shall originally have been made on the same day).
LIBOR Rate Tranche means a portion of the Loan which bears interest computed with reference to an Adjusted LIBOR Rate.

Examples of LIBOR Rate Tranche in a sentence

  • The review committee will subsequently prepare a report of its recommendations, which will be presented to the MHA Board for consideration for the MHA sites.

  • Each LIBOR Rate Tranche shall be in a principal amount equal to $3,000,000 or any whole multiple of $1,000,000 in excess thereof.


More Definitions of LIBOR Rate Tranche

LIBOR Rate Tranche means a portion of the Series 0000-0 Xxxxxxxxx ------------------- Invested Amount for which the interest is calculated by reference to LIBOR. =====
LIBOR Rate Tranche means each Tranche which accrues interest at the ------------------ LIBOR Rate in accordance with the terms and conditions of this Agreement.
LIBOR Rate Tranche means a Tranche bearing interest at the sum of the LIBOR Rate plus the Applicable Margin.
LIBOR Rate Tranche means any Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 4.1.1(ii) [LIBOR Rate Option].
LIBOR Rate Tranche means the amount of any Loan of Borrower that constitutes a LIBOR Rate Loan for a specific Interest Period.
LIBOR Rate Tranche means any Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 4.1.1(ii) [LIBOR Rate Option]. “Lien” shall mean any mortgage, deed of trust, pledge, lien, security interest, charge or other encumbrance or security arrangement of any nature
LIBOR Rate Tranche means the collective reference to LIBOR Loans under a particular Facility with respect to which all then current Interest