USD-LIBOR-BBA rate definition
USD-LIBOR-BBA rate means the rate for deposits in U.S. Dollars for a period of one (1) month which appears on the Telerate Page 3750 as of 11:00 a.m. London Time, on the day that is two (2) London Banking Days preceding the Reset Date. If such rate does not appear on the Telerate Page 3750, the rate for that Reset Date shall be determined by reference to the "USD-LIBOR-Reference Banks Rate".
USD-LIBOR-BBA rate means "USD-LIBOR-BBA" (as defined in the Annex to the 2000 ISDA Definitions (June 2000 Version)) as published by the International Swaps and Derivatives Association. Subject to the detailed provisions in such Annex, in respect of an Interest Period, or, as the case may be, Interest Payment Period, USD-LIBOR-BBA for a Reset Date will be the rate for deposits in U.S. Dollars
USD-LIBOR-BBA rate means "USD-LIBOR-BBA" (as defined in the Annex to the 2000 ISDA Definitions (June 2000 Version)) as published by the International Swaps and Derivatives Association. Subject to the detailed provisions in such Annex, in respect of a Funding Period, USD-LIBOR-BBA for a Reset Date will be the rate for deposits in U.S. Dollars for a period of 6 months (save that, in respect of a determination of such rate in respect of the first Funding Period, such period of deposit will be 12 months and, for the last scheduled Funding Period, such period of deposit will be a linear interpolation of 5 and 6 months) which appears on the Telerate Page 3750 as of 11:00 a.m., London time, on the day that is two London Banking Days preceding that Reset Date. If such rate does not appear on the Telerate Page 3750, the Annex contains certain fallback provisions for determining "USD-LIBOR-BBA". The first such fallbacks provides that "USD-LIBOR-BBA" will be determined on the basis of the rates that are offered by four major banks in the London interbank market at approximately 11:00 a.m. London time on the day that its two London Banking Days preceding that Reset Date to prime banks in the London interbank market; and