Six-Month LIBOR. The average of interbank offered rates for six-month U.S. dollar deposits in the London market based on quotations of major banks.
Six-Month LIBOR. The per annum rate equal to the average of interbank offered rates for Six-Month U.S. dollar-denominated deposits in the London market based on quotations of major banks as published in The Wall Street Journal and most recently available as of the time specified in the related Mortgage Note.
Six-Month LIBOR. With respect to the first Accrual Period, the Initial Six-Month LIBOR Rate. With respect to each subsequent Accrual Period, a per annum rate determined on the immediately preceding LIBOR Determination Date for the Class A-2 Certificates in the following manner by the Securities Administrator on the basis of the "Interest Settlement Rate" set by the BBA for six-month United States dollar deposits, as such rates appear on the Telerate Page 3750, as of 11:00 a.m. (London time) on such LIBOR Determination Date.
Examples of Six-Month LIBOR in a sentence
Index: Either the One-Month LIBOR Index or the Six-Month LIBOR Index.
Assumes there are no losses and no delinquencies on the mortgage loans, the fixed rate and adjustable rate mortgage loans prepay at the related pricing speed, One-Month LIBOR is constant at 20.00% and Six-Month LIBOR is constant at 20.00%.
Index: [Either the One-Month LIBOR Index or the Six-Month LIBOR Index].
Index: Either the Six-Month LIBOR Index or the One-Year LIBOR Index.
The establishment of One-Month LIBOR and Six-Month LIBOR on each Interest Determination Date by the Securities Administrator and the Securities Administrator’s calculation of the rate of interest applicable to each Class of applicable Notes for the related Accrual Period shall (in the absence of manifest error) be final and binding.Section 3.27 Restricted Payments.
More Definitions of Six-Month LIBOR
Six-Month LIBOR means the USD-LIBOR-BBA rate with a Designated Maturity of six months commencing on the Interest Reset Date.
Six-Month LIBOR. With respect to any Accrual Period, the rate determined by the Securities Administrator on the related Interest Determination Date on the basis of the London interbank offered rate for six-month United States dollar deposits, as such rates appear on the Telerate Screen Page 3750, as of 11:00 a.m. (London time) on such Interest Determination Date. In the event that on any Interest Determination Date, Telerate Screen Page 3750 fails to indicate the London interbank offered rate for six-month United States dollar deposits, then Six-Month LIBOR for the related Accrual Period will be established by the Securities Administrator as follows:
Six-Month LIBOR means the rate displayed on the Designated Screen Page with a designated maturity of six months commencing on the interest reset date.
Six-Month LIBOR means with respect to any LIBOR Determination Date, a rate determined on the basis of the offered rates for six-month United States dollar deposits of not less than a principal amount equal to that which is representative for a single transaction in such market at such time, commencing on the second Business Day immediately following such LIBOR Determination Date, which appears on US LIBOR Telerate Page 3750 (or a successor page) as of approximately 11:00 a.m., London time, on such LIBOR Determination Date.
Six-Month LIBOR. For any Mortgage Loan as of an interest rate adjustment date for such loan, a per annum rate equal to the average of interbank offered rates for six-month U.S. dollar-denominated deposits in the London market based on quotations of major banks as published in The Wall Street Journal and as most recently available (a) as of the first business day of the month immediately preceding the month in which the adjustment date occurs or (b) as of the date 45 days prior to the adjustment date.
Six-Month LIBOR means the London interbank offered rate, being the interest rate offered in the London inter-bank market for six month US dollar deposits as displayed on page LIBOR01 of the Reuters screen at 11 a.m. (London) on the second Business Day prior to the date on which the Reduction Amount becomes payable; [***]
Six-Month LIBOR means the London Interbank Offered Rate for six-month U.S. dollar deposits in Europe as determined by the Corporation in accordance with Section 4(b) hereof.