Common use of Added Definitions Clause in Contracts

Added Definitions. For purposes of this Agreement, the following additional terms shall have the following meanings: (i) “Adjusted LIBOR”, with respect to any Transaction Period, the interest rate per annum determined by Buyer by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum)

Appears in 2 contracts

Sources: Master Repurchase Agreement (OUTFRONT Media Inc.), Master Repurchase Agreement (Hill-Rom Holdings, Inc.)

Added Definitions. For purposes of this Agreement, the following additional terms shall have the following meanings: (ia) “Adjusted LIBOR”, with respect to any Transaction Period, the interest rate per annum determined by Buyer by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum)

Appears in 1 contract

Sources: Master Repurchase Agreement (OUTFRONT Media Inc.)