London time Sample Clauses

London time. (1) On the Initial Offer Date, deliver to the Operating Agent, acting on behalf of the Buyer, a Letter of Offer by facsimile (and shall send the original Letter of Offer to an Operating Agent's office outside the Republic of Italy (as the Operating Agent may direct the Offer Agent from time to time) by ordinary post on the day it is delivered by facsimile) substantially in the form of Schedule 6 Part 1 (a "Letter of Offer") in respect of the assignment of:
London time. For the purpose of this definition, “Bloomberg BBAM1 Page” means the display so designated on the Reuters Screen or such other page as may replace that page on that service.
London time. Within the foregoing limits and subject to the terms and conditions set forth herein, the UK Borrowers may borrow, prepay and reborrow UK Revolving Loans. Revolving Loans advanced to the UK Borrowers shall be denominated in Dollars or an Optional Currency and shall be maintained on the books of the European Administrative Agent. For avoidance of doubt, all references to any Lender in relation to UK Revolving Loans made to UK Borrowers shall be deemed to refer to the principal London branch of such Lender.
London time. These fixings are calculated from quotes provided by a number of participating banks. LIBOR is not a risk free rate, but it is close to it: the partici- pating banks have high credit ratings. LIBOR is offered in ten major currencies: GBP, USD, EUR, JPY, CHF, CAD, AUD, DKK, SED, and NZD. Throughout this course we shall assume a single currency, namely the USD. In the USD, LIBOR applies to deposits that begin two business days from the current date (this is called the spot date) and whose maturity is on an anniversary date (say, 3 months) of that settlement date. Determining the anniversary date follows two rules:
London time. Within the foregoing limits and subject to the terms and conditions set forth herein, the Belgian Borrower may borrow, prepay and reborrow Belgian Revolving Loans. Revolving Loans advanced to the Belgian Borrower shall be denominated in Dollars or an Optional Currency and shall be maintained on the books of the European Administrative Agent.
London time. Fifteen maturities (or “tenors”) are quoted for each currency, ranging from overnight to twelve months. The published rates are made available worldwide by Thomson Reuters and other data vendors through electronic means and through a variety of information sources. In addition to the LIBOR fix resulting from the calculation, Thomson Reuters publishes each Contributor Panel bank’s submitted rates along with the names of the banks.
London time. The closing shall take place at the Corporate Law offices of the Company located at 425 Park Avenue, New York, New York 10043. The Securities shall have the following terms: Title: ....................... 2.400% Fixed Rate Senior Notes Due 2025 Maturity: .................... October 31, 2025 Interest Rate: ............... 2.400% per annum
London time. (2) Notwithstanding clause (1) above, if the Issuer determines that LIBOR has been permanently discontinued, the Issuer will determine whether to calculate the relevant interest rate using a substitute for LIBOR (the “LIBOR Alternative Rate”), which shall be the alternative reference rate selected or otherwise approved by the central bank, reserve bank, monetary authority or any similar institution (including any committee or working group thereof) that is consistent with accepted market practice; provided that if there are more than one alternative reference rates so selected or otherwise approved, the Issuer may, in its sole discretion, select the LIBOR Alternative Rate from such alternative reference rates. As part of such substitution, the Issuer will make such adjustments to the LIBOR Alternative Rate or the spread thereon, as well as the business day convention, interest determination dates and related provisions and definitions, in each case that are consistent with accepted market practice for the use of such LIBOR Alternative Rate for debt obligations. If a LIBOR Alternative Rate has been determined in accordance with the foregoing, the Issuer in its sole discretion may determine what business day convention to use, the definition of “business day” and any other relevant methodology for calculating such substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the LIBOR base rate, in a manner that is consistent with industry-accepted practices for such substitute or successor base rate.
London time. The Libor shall be established as at 11:00 a.m., London time, two Banking Days prior to the relevant Rollover Date. Before 11:00 a.m., Montréal time, two Banking Days prior to the said Rollover Date, the Agent shall notify the Borrower and the Lenders what shall be the Libor applicable to each Selected Amount of each such Lender for each applicable Selected Maturity.