DIBO RATE definition
DIBO RATE means, with respect to any Eurodeutschemark Borrowing for any Interest Period, the rate appearing on Page 3750 of the Telerate Service (or on any successor or substitute page of such Service, or any successor to or substitute for such Service, providing rate quotations comparable to those currently provided on such page of such Service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to DM deposits in the London interbank market) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, as the rate for DM deposits with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the "DIBO RATE" with respect to such Eurodeutschemark Borrowing for such Interest Period shall be the rate at which Deutschemark deposits of DM 5,000,000 for a maturity comparable to such Interest Period are offered by the principal London office of the Administrative Agent in immediately available funds in the London interbank market at approximately