Interbank Market definition

Interbank Market means the London interbank market.

Interbank Market means, with respect to any LIBOR Rate Loan, any recognized interbank Eurodollar market chosen in good faith by Bank.

Interbank Market means the over-the-counter foreign exchange spot market open continuously from and including 5.00 a.m. Sydney time on a Monday in any week to and including 5.00 p.m. New York time on the Friday of such week.

Examples of Interbank Market in a sentence

• No Swap Charge is paid or Swap Benefit is received in the case of Futures CFDs. Whether you receive a Swap Benefit will depend on prevailing interest rates in the Interbank Market as adjusted for our margin requirement with and the interest rate charged by our hedging counterparty.

• Additionally, all transactions under this Customer Agreement shall be subject to the constitution, by-laws, rules, regulations, customs, usage, rulings and interpretations of the counterparty institution or other Interbank Market (and its clearing organization, if any) where such transactions are executed and to all applicable Federal and State laws and regulations.

• Additionally, all transactions under this Customer Agreement shall be subject to the constitution, by-laws, rules, regulations, customs, usage, rulings and interpretations of the counterparty institution or other Interbank Market (and its clearing organization, if any) where such transactions are executed and to all applicable laws and regulations.

• This interest shall not be less then interest established at the London Interbank Market (LIBOR).

• Any interest, commission or fee accruing under a Finance Document will accrue from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or, in any case where the practice in the Relevant Interbank Market differs, in accordance with that market practice.

More Definitions of Interbank Market

Interbank Market means the over-the-counter foreign exchange spot market open continuously from and including 5.00 a.m., Sydney time, on a Monday in any week to and including 5.00 p.m., New York time, on the Friday of such week.

Interbank Market means the London Interbank market. Interest Period means, in relation to each Advance, each period determined in accordance with Clause 9 (Interest Periods) and, in relation to an Unpaid Sum, each period determined in accordance with Clause 8.3 (Default interest). Interpolated Screen Rate means, in relation to LIBOR for the Loan or any part of it, the rate (rounded to the same number of decimal places as the two (2) relevant Screen Rates) which results from interpolating on a linear basis between:

Interbank Market means the European Interbank euro-currency Market.

Interbank Market means London Interbank Deposit Market (in case of LIBOR) or Singapore Interbank Deposit Market (in case of SIBOR);

Interbank Market means the London interbank market. Interest Payment Date shall have the meaning ascribed thereto in clause 8.2 (Payment of interest).

Interbank Market means, with respect to any LIBOR Rate Loan, any recognized interbank Eurodollar market chosen in good faith by Lender.

Interbank Market means, with respect to EURIBOR Rate Advances, the applicable interbank offer market for Euro deposits.