LIBOR definition

LIBOR has the meaning specified in the definition of Eurodollar Rate.
LIBOR. The London interbank offered rate for one-month United States dollar deposits calculated in the manner described in Section 4.08.
LIBOR means, in relation to any Loan:

Examples of LIBOR in a sentence

  • The County shall provide written notice of a prepayment of any Fixed Rate Notes to the Trustee at least ten Business Days prior to the date of prepayment, and notice of prepayment of the Series B Notes shall be given by the Trustee to the Calculation Agent and the Holders of LIBOR Notes at least [five] Business Days prior to the date of prepayment.

  • On June 26, 2012, the defendant entered into a non-prosecution agreement with the Criminal Division, Fraud Section of the United States Department of Justice related to the defendant’s submissions of benchmark interest rates, including the London InterBank Offered Rate (known as LIBOR) (the “NPA”).

  • The Recommended Sentence is separate and apart from the agreed-upon LIBOR penalty of $60 million referred to in Paragraph 11 above.

  • The County shall provide written notice of a prepayment of any LIBOR Notes to the Trustee at least three Business Days prior to the date of prepayment, and notice of prepayment of the Series B Notes shall be given by the Trustee to the Holders of LIBOR Notes at least one Business Day prior to the date of prepayment.

  • The prepayment price for any LIBOR Notes will be equal to the principal amount of the Series B Notes to be prepaid, without premium, plus accrued interest through (but not including) the date fixed for prepayment.


More Definitions of LIBOR

LIBOR has the meaning specified in Schedule A.
LIBOR. With respect to any Distribution Date, the arithmetic mean of the London interbank offered rate quotations for one-month U.S. Dollar deposits, expressed on a per annum basis, determined in accordance with Section 1.02.
LIBOR means, for any Interest Period, the London interbank offered rate for one-month United States dollar deposits determined by the Calculation Agent on the LIBOR Determination Date for such Interest Period in accordance with the provisions of Section 2.04.
LIBOR means during any period, an interest rate per annum equal to the one-year LIBOR reported, on the date two days prior to the first day of such period, on the Telerate Page 3750 (or if such screen shall cease to be publicly available, as reported on Reuters Screen page “LIBOR01” or by any other publicly available source of such market rate) for London interbank offered rates for United States dollar deposits for such period.
LIBOR means the rate per annum (rounded upward, if necessary, to the nearest whole 1/8 of 1%) and determined pursuant to the following formula: LIBOR = Base LIBOR 100% - LIBOR Reserve Percentage
LIBOR. With respect to any Interest Accrual Period for the LIBOR Certificates, the rate determined by the Trustee on the related LIBOR Determination Date on the basis of the offered rate for one-month U.S. dollar deposits as such rate appears on Telerate Page 3750 as of 11:00 a.m. (London time) on such date; provided, that if such rate does not appear on Telerate Page 3750, the rate for such date will be determined on the basis of the rates at which one-month U.S. dollar deposits are offered by the Reference Banks at approximately 11:00 a.m. (London time) on such date to prime banks in the London interbank market. In such event, the Trustee shall request the principal London office of each of the Reference Banks to provide a quotation of its rate. If at least two such quotations are provided, the rate for that date will be the arithmetic mean of the quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If fewer than two quotations are provided as requested, the rate for that date will be the arithmetic mean of the rates quoted by major banks in New York City, selected by the Trustee (after consultation with the Depositor), at approximately 11:00 a.m. (New York City time) on such date for one-month U.S. dollar loans to leading European banks.