Examples of Applicable LIBOR Rate in a sentence
Time Event By 9:30 a.m. Auction Agent advises the Indenture Trustee and the Broker-Dealers of the Maximum Rate, the Net Loan Rate, the All Hold Rate, and the Applicable LIBOR Rate to be used in determining the Auction Rate under the Auction Procedures and the Auction Agent Agreement.
TIME EVENT By 9:00 a.m. Auction Agent obtains One-Month LIBOR By 10:30 a.m. Auction Agent advises the Broker-Dealers of the applicable All-Hold Rate, the Net Loan Rate, the Applicable LIBOR Rate and the applicable Maximum Rate, as set forth in Section 2.03(b)(i) of the Auction Agency Agreement.
TIME EVENT By 9:00 a.m. Market Agent provides Auction Agent with the Applicable LIBOR Rate and the United States Treasury Security Rate.
Changes in the Applicable LIBOR Rate Margin shall take effect as of the date on which the condition set forth in the relevant clause of the definition of each such term is satisfied.
Upon determination by the Agent of the Applicable LIBOR Rate for any Interest Period selected by the Borrowers, the Agent will promptly inform the Borrowers and each Lender of such Applicable LIBOR Rate so determined or, if applicable, the reason why the Borrowers' election will not become effective.