Examples of LIBOR Daily Floating Rate in a sentence
The $250.0 million Tranche B line of credit has a variable interest rate equal to the LIBOR Daily Floating Rate plus 1.00% per annum, and has a maturity date of August 4, 2020.
The Term Loan A has a variable interest rate equal to LIBOR Daily Floating Rate plus 0.80% per annum, and has a maturity date of August 4, 2020.
The $250.0 million Tranche A line of credit has a variable interest rate equal to the LIBOR Daily Floating Rate plus 0.70% per annum, and has a maturity date of August 4, 2018.
The unpaid principal balance of the Note shall accrue interest at a variable interest rate, which is a rate per year, equal to the LIBOR Daily Floating Rate plus nine (9) percentage points.
Determination of amounts payable under such Sections in connection with a Loan shall be calculated as though the Lender funded its Loan through the purchase of a deposit of the type and maturity corresponding to the deposit used as a reference in determining (LIBOR or the LIBOR Daily Floating Rate, as applicable,) to such Loan, whether in fact that is the case or not.