LIBOR Floor definition

LIBOR Floor means 0.00%.

LIBOR Floor. As defined in the Transactions Terms Letter.

LIBOR Floor shall have the meaning set forth in the Pricing Letter.

Examples of LIBOR Floor in a sentence

• Excluded from the investment above is a delayed draw term loan commitment in an amount not to exceed $18,750,000, with an interest rate of LIBOR plus 6.75%, a LIBOR Floor of 0.50%, and a maturity of September 26, 2019.

• Excluded from the investment above is a delayed draw term loan commitment in an amount not to exceed $8,521,875 with an interest rate of LIBOR plus 7.50%, a LIBOR Floor of 1.00%, and a maturity of December 15, 2021.

• Excluded from the investment above is a delayed draw term loan commitment in an amount not to exceed $4,883,721, with an interest rate of LIBOR plus 7.50%, a LIBOR Floor of 1.00%, and a maturity of March 31, 2021.

• The new loan is interest only with a floating interest rate of LIBOR + 4.75% with a 0.20% LIBOR Floor.

• Excluded from the investment above is an unfunded revolving credit facility commitment in an amount not to exceed $3,530,769, with an interest rate of LIBOR plus 7.00%, a LIBOR Floor of 1.00%, and a maturity of August 31, 2021.

More Definitions of LIBOR Floor

LIBOR Floor means 1.00% per annum.

LIBOR Floor means [***].

LIBOR Floor means 2.00%.

LIBOR Floor means one percent (1.00%).

LIBOR Floor means zero percent (0%).

LIBOR Floor means, as of any date of determination, the greater of (i) One-Month LIBOR and (ii) 0.00%.

LIBOR Floor means 0% per annum.