Common use of LIBOR Rate Option Clause in Contracts

LIBOR Rate Option. A rate per annum fixed for the applicable Interest Period (computed on the basis of a year of three hundred sixty (360) days and actual days elapsed) equal to: (i) LIBOR, plus (ii) the Applicable Margin (the “LIBOR Rate Option”).

Appears in 3 contracts

Samples: Loan Agreement (Equity One, Inc.), Loan Agreement (Equity One, Inc.), Loan Agreement (Equity One, Inc.)

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LIBOR Rate Option. A rate per annum fixed for the applicable Interest Period (computed on the basis of a year of three hundred sixty (360) days and actual days elapsed) equal to: (i) the LIBOR, plus (ii) the Applicable Margin (the “LIBOR Rate Option”).

Appears in 1 contract

Samples: Loan Agreement (Equity One, Inc.)

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