LIBOR Interest Payment Date definition

LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.
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LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the last day of each Interest Period applicable to such Loan.
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LIBOR Interest Payment Date means, with respect to a LIBOR --------------------------- Loan, the last day of each Interest Period applicable to such Loan, and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.
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Examples of LIBOR Interest Payment Date in a sentence

  • On each Revolving Loan that is a LIBOR Loan, interest shall be due and payable on the LIBOR Interest Payment Date and shall accrue at a rate per annum equal to the Applicable Margin plus the applicable LIBOR on the outstanding principal balance of such LIBOR Loan.

  • Interest accrued on each LIBOR Portion shall be due and payable on each LIBOR Interest Payment Date and on the earlier of (1) the occurrence of an Event of Default in consequence of which Agent or Majority Lenders elect to accelerate the maturity and payment of the Obligations or (2) termination of this Agreement pursuant to Section 4 hereof.

  • The Federal Reserve Board-selected Benchmark Replacement will apply to each USD LIBOR Instrument listed in Annex 2 starting from the applicable First Non-USD LIBOR Interest Payment Date for the relevant USD LIBOR Instrument, with Term SOFR being determined by the calculation agent on the related Interest Determination Date (as indicated in Annex 2).

  • Studies of on- shore boreholes provided estimates of eustatic varia- tions using one- and two-dimensional backstripping (Kominz and Pekar, 2oo1; Fig.

  • The Agent shall charge the Companies for interest on LIBOR Loans at the rate set forth in Section 8.1 (or Section 8.2, if applicable) hereof on the applicable LIBOR Interest Payment Date for the immediately preceding Interest Period.


More Definitions of LIBOR Interest Payment Date

LIBOR Interest Payment Date shall have the meaning set forth in Section 2.04.
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LIBOR Interest Payment Date the last day of each Interest Period and, in the case of any Interest Period of six (6) months, the 90th day of such Interest Period.
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LIBOR Interest Payment Date means, with respect to any LIBOR Loan, the last day of the Interest Period for such LIBOR Loan, provided, however, that if the Interest Period with respect to such LIBOR Loan is longer than three months, then, in such case, LIBOR Interest Payment Date shall mean the last day of each three month period.
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LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the first day of each month and the Termination Date.
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LIBOR Interest Payment Date means, with respect to a LIBOR Loan, the Termination Date and the last day of each Interest Period applicable to such Loan and, with respect to each Interest Period of more than three months, each three month anniversary of the commencement of such Interest Period for such LIBOR Loan.
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LIBOR Interest Payment Date the first day of each calendar month during and immediately following the applicable Interest Period.
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LIBOR Interest Payment Date means, with respect to any LIBOR Rate Loan, the fifteenth day of each month and the last day of each Interest Period applicable thereto, commencing with the first of such dates to occur after the making of such LIBOR Rate Loan.
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