LIBOR Bid Margin definition

LIBOR Bid Margin has the meaning specified in Section 2.02(c)(2).
LIBOR Bid Margin for LIBOR Margin Bid Loans, means the margin above or below the LIBOR Base Rate to be added to or subtracted from the LIBOR Base Rate, which margin shall be expressed in multiples of 1/100th of one basis point.
LIBOR Bid Margin has the meaning specified in Section 2.06(c)(ii)(C).

Examples of LIBOR Bid Margin in a sentence

  • Each Bid Loan shall bear interest on the outstanding principal amount thereof from the relevant Borrowing Date at a rate per annum equal to the LIBO Rate plus (or minus) the LIBOR Bid Margin, or at the Absolute Rate, as the case may be.

  • Each Bid Loan shall bear interest on the outstanding principal amount thereof from the relevant Borrowing Date at a rate per annum equal to the LIBO Rate (exclusive of the Applicable Margin) plus (or minus) the LIBOR Bid Margin, or at the Absolute Rate, as the case may be.

  • Any Competitive Bid must specify (A) the particular Competitive Bid Request as to which the Competitive Bid is submitted and the proposed date of such Competitive Bid Loan, (B) the principal amount (which shall be not less than $5,000,000 and integral multiples of $100,000 in excess thereof or greater than the amount of Competitive Bid Loan requested) of the requested Competitive Bid Loan as to which the Lender is willing to make, (C) the LIBOR Bid Margin offered and the Interest Period applicable thereto.

  • Competitive Bid Rate shall mean the rate of interest applicable to any Competitive Bid Loan, which shall be equal to LIBOR for the Interest Period applicable to such Competitive Bid Loan, plus or minus the applicable LIBOR Bid Margin.

  • Each Bid Loan shall bear interest on the outstanding principal amount thereof from the relevant Borrowing Date at a rate per annum equal to the LIBOR Base Rate plus (or minus) the LIBOR Bid Margin, or at the Absolute Rate, as the case may be.


More Definitions of LIBOR Bid Margin

LIBOR Bid Margin has the meaning specified in subsection ------------------ 2.6(c)(ii)(C).
LIBOR Bid Margin means the margin above or below LIBOR at which a Lender offers to make a Fixed Rate Bid Advance to Borrower in response to a Competitive Bid Request.
LIBOR Bid Margin shall have the meaning given to such term in SECTION 2.3(C)(IV).
LIBOR Bid Margin means, in connection with any LIBOR Auction, a margin (expressed in multiples of 1/1000th of one percent) above or below LIBOR offered for any Bid Loan to be made pursuant thereto.
LIBOR Bid Margin is the rate per annum, expressed as a percentage, equal to the number of basis points to be added to or subtracted from the applicable LIBOR and set forth by a Lender in an offer to make a Multicurrency Competitive Bid Loan pursuant to Section 2.7(a)(ii).
LIBOR Bid Margin means, in connection with any LIBOR Auction, a margin (expressed in multiples of 1/1000th of one basis point) above or below the LIBOR Rate (determined, with respect to any LIBOR Bid Loan, in the same manner as the LIBOR Rate is determined under the Note, except based on the principal amount and Bid Loan Rate Period of the relevant LIBOR Bid Loan) offered for any Bid Loan to be made pursuant thereto.
LIBOR Bid Margin has the meaning specified in