US Dollar LIBOR definition

US Dollar LIBOR means the U.S. Dollar wholesale funding rate known as U.S. Dollar LIBOR (London Interbank Offered Rate) provided by ICE Benchmark Administration Limited, as the administrator of the benchmark, (or a successor administrator).
US Dollar LIBOR means the London inter-bank offered rate for deposits in USD.
US Dollar LIBOR means the London InterBank Offered Rated denominated in US Dollars.

Examples of US Dollar LIBOR in a sentence

  • Under the terms of the swaps, the City will pay a fixed rate of 3.78% and receive a floating rate equal to 57.6% of One-Month US Dollar LIBOR plus 37 basis points.

  • The Company may from time to time enter into interest rate swap contracts to protect against upward movements in US Dollar LIBOR and the associated interest the Company pays on its external credit facilities.

  • The agreement swaps the University’s variable rate for a fixed rate of 3.37% and is based on 67% of U.S. Dollar LIBOR.

  • The new rate on the note is calculated at 70% of One-Month US Dollar LIBOR plus 36 basis points.

  • These dividends will accrue, with respect to each Dividend Period (as defined below), on the liquidation preference amount of $25,000 per share at a rate per annum equal to the greater of (1) three-month U.S. Dollar LIBOR (as defined below) on the related Dividend Determination Date plus .70% or (2) 4%.


More Definitions of US Dollar LIBOR

US Dollar LIBOR. The 3 month London interbank offered rate administered by ICE Benchmark Administration Limited (or any person which takes over administration of that rate) displayed on pages LIBOR01 or LIBOR02 of the Reuters screen (or any replacement Reuters page which displays that rate), if the service ceases to be available, We may specify another service displaying the appropriate rate;
US Dollar LIBOR means the London InterBank Offered Rate denominated in US Dollars.
US Dollar LIBOR has the meaning given to it in the Operating Agreement. 
US Dollar LIBOR means, for any period, the rate per annum which appears on the relevant page (currently BBAM) of the Bloomberg Professional service (or, if not available, on the relevant page of any service as may be nominated by the British Bankers’ Association as the information vendor for the purpose of displaying British Bankers’ Association Interest Settlement Rates for Dollar deposits) as London interbank offered rate for deposits in Dollars with maturities equal to 30 days (provided that, if such page is not available or if no such rate is quoted for the relevant Interest Period, then “ U.S. Dollar LIBOR” shall mean the arithmetic mean of the offered quotation of two or more reference banks selected by the Bank from among major banks in the London interbank market for Dollar deposits of amounts comparable to the Stated Amount for which an interest rate is then being determined with maturities comparable to 30 days (in each such case, rounded upward to the next whole multiple of 1/16th of 1%)), determined as of 11:00 A.M. (London time) on the second Business Day prior to the first day of such period.
US Dollar LIBOR means (a) the three-month US Dollar LIBOR rate of interest by reference to the Reuters Page LIBOR01 (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page of such service as reasonably determined by the Owner from time to time for purposes of providing quotations of interest rates applicable to Dollar deposits in the London interbank market) and (b) any evolving or then-prevailing market convention for determining a rate of interest as a replacement for and reasonably approximating the then-current three-month US Dollar LIBOR rate (which may include Term SOFR) that has been reasonably selected by the Charterer as the replacement for the reference the three-month US LIBOR rate;
US Dollar LIBOR in relation to an Interest Period or any other period, means:
US Dollar LIBOR means the three month London Interbank Offer Rate for USD as determined by the Bank in its sole discretion on the Transaction Effective Date.Further for the purpose of this Condition 19 and Condition 20, any capitalised terms used but not defined in these Conditions shall have the meaning given to them in the Exchange Offer Document.”2. assents to and sanctions the modification of the Terms and Conditions of the Notes as set out in Schedule 6 to the Agency Agreement by the insertion of the following new Condition 20: