LIBOR-Based Rate definition

LIBOR-Based Rate means, with respect to each Interest Period, the per annum interest rate equal to the London Interbank Offered Rate which appears on Telerate Page 3750 at approximately 11:00 a.m. (London time) two LIBOR Business Days prior to the first day of such Interest Period for deposits of United States dollars for a period of time comparable to the Interest Period, and in an amount comparable to the principal amount of the Loan, plus 0.35%.
LIBOR-Based Rate means a per annum interest rate which is equal to the quotient of the following:
LIBOR-Based Rate means, for any Interest Period in respect of any LIBOR Loan, an interest rate per annum (rounded upward, if necessary, to the nearest 1/16 of 1%) equal to LIBOR for such Interest Period divided by 1 minus the Reserve Requirement for such Interest Period.

Examples of LIBOR-Based Rate in a sentence

  • In addition, Accred- ited DomainKeys introduces a new header Accredited- DomainKeys and an attribute field v for locating the accreditation seal:•Accredited-DomainKeys: the email header that stores the information of an accreditation seal.

  • This means that the consumer may not necessarily know in greater detail in what ways, and for which purposes, his or her personal data will be processed by the online retailer.

  • If such notice is given by the Lender, the Lender shall have no obligation to apply the applicable Adjusted LIBOR-Based Rate until such notice is withdrawn and the Adjusted Base Rate shall apply.

  • During such periods as Loans shall be comprised of LIBOR Loans, such LIBOR Loans shall bear interest at a per annum rate equal to the applicable Adjusted LIBOR-Based Rate.

  • Except as set forth in Section 2.2(b), the Term Loan shall bear interest, on the outstanding daily balance thereof, at Borrower’s option, either (i) at a variable rate per annum equal to the Prime Rate plus one and three quarters of one percent (1.75%) or (B) at a fixed rate per annum equal to the LIBOR-Based Rate for the Interest Period applicable to the Term Loan plus four and one half percent (4.50%).


More Definitions of LIBOR-Based Rate

LIBOR-Based Rate means (i) for the first Interest Period, an interest rate per annum equal to six and fifty-three one-hundredths percent (6.53%) and (ii) for each succeeding Interest Period until Floating Rate Tranche B is satisfied, an interest rate per annum equal at all times to two hundred (200) basis points above the one-month LIBOR, in each case as determined by Payee prior to the commencement of each Interest Period.
LIBOR-Based Rate means the LIBOR Rate plus the Applicable Margin.
LIBOR-Based Rate means an annual rate of interest equal to the sum of (i) the LIBOR Rate in effect as of the first day of the LIBOR Period for which the LIBOR-Based Rate is being determined plus (ii) the Applicable LIBOR Rate Margin then in effect.
LIBOR-Based Rate means a per annum interest rate which is equal to the sum of the Applicable Margin, plus the quotient of the following:
LIBOR-Based Rate shall have the meaning given to such term in Section 2.4 hereof.
LIBOR-Based Rate means, with respect to any Interest Period, the per annum interest rate which is equal to the sum of the Applicable Margin plus the quotient of:
LIBOR-Based Rate means LIBOR plus seventy-five (75) basis points.