LIBOR Currency definition
Examples of LIBOR Currency in a sentence
LIBOR [ ] Authorized Denominations: [ ] LIBOR Reuters Page: Collateral held in the Trust: Principal Life Insurance [ ] LIBOR Moneyline Telerate Page: Company Funding Agreement No. ?, the related Principal LIBOR Currency: Financial Group, Inc.
As used herein, "London Business Day" means a day on which commercial banks are open for business, including dealings in the Designated LIBOR Currency (as defined in the Prospectus) in London.
In the case of a Fixed Rate Certificated Note, the interest rate or, in the case of a Floating Rate Certificated Note, the initial interest rate (if known at such time), Base Rate, Index Maturity, Interest Reset Period, Interest Reset Dates, Spread or Spread Multiplier (if any), minimum interest rate (if any), maximum interest rate (if any) and, in the case of a Floating Rate certified Note for which the Base Rate is LIBOR, the Designated LIBOR Page and Designated LIBOR Currency.
In the case of a Fixed Rate Book-Entry Note, the interest rate or, in the case of a Floating Rate Book-Entry Note, the Base Rate, initial interest rate (if known at such time), Index Maturity, Interest Reset Period, Interest Reset Dates, Spread or Spread Multiplier (if any), minimum interest rate (if any), maximum interest rate (if any) and, in the case of a Floating Rate Book-Entry Note for which the Base Rate is LIBOR, the Designated LIBOR Page and Designated LIBOR Currency.
The calculation agent will select the four banks and request the principal London office of each of those banks to provide a quotation of its rate for deposits in the LIBOR Currency.