Current LIBOR definition

Current LIBOR means the most recent interest rate per annum available to the Valuation Agent for one-month eurodollar deposits, as published in The Wall Street Journal.
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Current LIBOR means LIBOR determined as of the Adjustment Date, which shall be determined by the LIBOR for the month prior to the Adjustment Date.
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Current LIBOR means the one (1) month LIBOR determined as reported at 11:00 a.m. on the day that is two (2) London Banking Days prior to the Prepayment Date for the period commencing with the Prepayment Date and extending through the end of the Interest Period.
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Examples of Current LIBOR in a sentence

  • Such Current LIBOR Rate of Interest shall be used to determine the amount of the applicable Installment Payment due three (3) Business Days after the Calculation Date.

  • The prepayment fee shall be an amount equal to the net present value (using the Original LIBOR Rate plus one and five-tenths percent (1.5%) as the discount rate) of the prepaid principal amount over the remaining term of the respective Interest Period, times the difference between (i) the Current LIBOR Rate and (ii) the Original LIBOR Rate times the number of years and fractional years remaining until the end of the respective Interest Period.

  • For outstanding balances based on the LIBOR Rate, any prepayment shall be subject to a prepayment fee if the Original LIBOR Rate is greater than the Current LIBOR Rate on the prepayment date.

  • Any prepayment, in full or in part, of any LIBOR Rate based balances shall be subject to a prepayment fee if the Original LIBOR Rate (hereinafter defined) is greater than the Current LIBOR Rate (hereinafter defined) on the prepayment date.


More Definitions of Current LIBOR

Current LIBOR is defined in Section 2.5(a)(iii).
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Current LIBOR for each Payment Date shall be an amount equal to One Month LIBOR as of such Payment Date. The Monthly Services Fee shall be pro rated by the number of days in that month from the day the Unit becomes “Equipment” under this Agreement until the related Calculation Date (excluding the last day). Company’s obligation to pay the Monthly Unit Fee, if any, shall cease with respect to a Unit when such Unit is returned to Operator pursuant to Section 5 or upon payment to Operator of the Casualty Value (defined below) as set forth in Section 13.
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