Applicable LIBOR definition

Applicable LIBOR means the interest rate corresponding to:
Applicable LIBOR. RATE" for each Calculation Period will be determined by the Trust Cash Manager. The Trust Cash Manager will determine "GBP-LIBOR-BBA" in accordance with the ISDA definitions provided that the purposes of making such a determination in respect of any Calculation Period, the Reset Date (as defined in the ISDA definitions) shall be the first day of such Calculation Period and the Designated Maturity (as defined in the ISDA definitions) shall be 1 month or in the case of the first Calculation Period, 2 months ("LIBOR"). If the Trust Cash Manager is unable to determine GBP-LIBOR-BBA, the Applicable LIBOR Rate for any Calculation Period will be the Applicable LIBOR Rate last determined.
Applicable LIBOR means, as of any date of determination, for each Loan, LIBOR as determined on such date.

Examples of Applicable LIBOR in a sentence

  • Time Event By 9:30 a.m. Auction Agent advises the Indenture Trustee and the Broker-Dealers of the Maximum Rate, the Net Loan Rate, the All Hold Rate, and the Applicable LIBOR Rate to be used in determining the Auction Rate under the Auction Procedures and the Auction Agent Agreement.

  • Borrower shall pay interest on the unpaid principal amount of each LIBOR Loan outstanding from time to time, from the date thereof until paid, at the Derived LIBOR Rate, fixed in advance for each Interest Period (but subject to changes in the Applicable LIBOR Margin) as herein provided for each such Interest Period.

  • Interest shall accrue and be payable on each Loan made as a LIBOR Loan at a per annum interest rate equal to the LIBOR Basis applicable to such LIBOR Loan plus the Applicable LIBOR Margin.

  • TIME EVENT By 9:00 a.m. Auction Agent obtains One-Month LIBOR By 10:30 a.m. Auction Agent advises the Broker-Dealers of the applicable All-Hold Rate, the Net Loan Rate, the Applicable LIBOR Rate and the applicable Maximum Rate, as set forth in Section 2.03(b)(i) of the Auction Agency Agreement.

  • TIME EVENT By 9:00 a.m. Market Agent provides Auction Agent with the Applicable LIBOR Rate and the United States Treasury Security Rate.


More Definitions of Applicable LIBOR

Applicable LIBOR means with respect to Class A-1B Notes, six-month LIBOR or LIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date or in respect of the first Interest Accrual Period, as determined in accordance with Condition 6 (Interest).
Applicable LIBOR means, if the currency in which the Relevant Swap Transaction is denominated is :
Applicable LIBOR means (i) with respect to any Advance for which notice is given later than 11:00 A.M. (New York time) three Business Days prior to the date of the requested Advance, a rate per annum equal to the overnight LIBOR (as hereinafter defined) ("OVERNIGHT LIBOR") for the initial day of such Advance, and such Advance shall thereafter be deemed to be continued on the next Business Day at a rate per annum equal to the one-week LIBOR ("WEEKLY LIBOR"), and (ii) with respect to all other Advances, a rate per annum equal to the Weekly LIBOR.
Applicable LIBOR means the relevant LIBOR rate, which initially shall be the LIBOR rate published on 28th February 2001, but if and whenever thereafter the LIBOR rate published on the last business day of a month shall vary by at least one percentage point from the then current Applicable LIBOR, shall be increased or reduced as the case may be to the LIBOR rate published on such subsequent date. 179
Applicable LIBOR. BAR MARGIN" (for Swing Line Borrowings as well as for Borrowings funded by the Lenders in accordance with their Funding Shares) means: - for outstanding Subprime Single-family Warehouse Advances that are not also Wet Warehousing Advances, plus one and three-eighths percent (+13/8%). - for outstanding Subprime Single-family Warehouse Advances that are also Wet Warehousing Advances, plus one and five-eighths percent (+15/8%). - for outstanding Uncovered Warehousing Advances that are not also Wet Warehousing Advances, plus one and one-half percent (+1 1/2%). - for outstanding Uncovered Warehousing Advances that are also Wet Warehousing Advances, plus one and three-fourths percent (+1 3/4%). - for outstanding P&I Advances Subline Advances, plus one and seven-eighths percent (+17/8%). - for outstanding Servicing Advances, plus one and seven-eighths percent (+17/8%). - for outstanding Recoveries Subline Advances, plus two percent (+2%).
Applicable LIBOR means, (i) in respect of any Purchase Date occurring before January 1, 2022 or any interest period under Section 2.5 up to and excluding January 1, 2022 in respect of Receivables denominated in Dollars, the LIBOR Rate, (ii) in respect of Receivables denominated in Japanese Yen, BBA JPY LIBOR, and (iii) in respect of Receivables denominated in Euros, Euribor.