Definition of LIBO Rate Margin


LIBO Rate Margin means, for any period, the applicable percentage rate per annum applicable to that period as indicated below the reference to "LIBOR Advance" in the definition of "Applicable Margin", as adjusted pursuant to the definition of "Applicable Margin".
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Examples of LIBO Rate Margin in a sentence

Interest shall accrue on each LIBOR Loan at a rate equal to the LIBO Rate for the selected Interest Period plus the Applicable LIBO Rate Margin, said rate to change contemporaneously with any change in the LIBO Rate Margin.
The assigned rating of the Company's senior unsecured long term debt obligations given by at least two of three Rating Agencies will be used for purposes of determining the Applicable LIBO Rate Margin." 4.
Interest shall accrue on each LIBOR Loan at a rate equal to the LIBO Rate for the selected Interest Period plus the Applicable LIBO Rate Margin.
The assigned rating of the Company's senior unsecured long term debt obligations given by at least two of three Rating Agencies will be used for purposes of determining the Applicable LIBO Rate Margin.
The applicable Borrower will pay interest on each LIBOR Advance during each Interest Period applicable thereto in United States Dollars at a rate per annum equal to the sum of (i) the LIBO Rate in effect from time to time during such Interest Period plus (ii) the LIBO Rate Margin.