LIBOR Notification definition

LIBOR Notification. Section 4.4(d) [Benchmark Replacement Setting] of this Agreement provides a mechanism for determining an alternative rate of interest in the event that the London interbank offered rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBOR Rate” or with respect to any alternative or successor rate thereto, or replacement rate therefor.
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Examples of LIBOR Notification in a sentence

  • DEFINITIONS 1 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 70 1.3 Accounting 71 1.4 Limited Condition Transactions 72 1.5 Financial Ratio Calculations 73 1.6 Currency Equivalents Generally 73 1.7 Treatment of Subsidiaries Prior to Joinder 74 1.8 Interest Rates; LIBOR Notification 74 SECTION 2.

  • Interest Rates; LIBOR Notification 56 THE COMMITMENTS AND CREDIT EXTENSIONS 56 Section 2.01.

  • Interest Rates; LIBOR Notification 33 ARTICLE II The Credits SECTION 2.01.

  • LIBOR Notification 100107 ARTICLE XII [RESERVED] 101107 ARTICLE XIII INDEMNIFICATION 101107 SECTION 13.01.

  • LIBOR Notification..........................................................

  • LIBOR Notification 17 Article 2 Amounts and Terms of Commitments and Loans 17 Section 2.01.

  • LIBOR Notification 58 ARTICLE V CONDITIONS TO EFFECTIVENESS AND CREDIT EXTENSIONS 59 SECTION 5.01.

  • SECTION 1.01 Defined Terms 1 SECTION 1.02 Classification of Loans and Borrowings 46 SECTION 1.03 Terms Generally 46 SECTION 1.04 Accounting Terms; GAAP 47 SECTION 1.05 Payments on Business Days 47 SECTION 1.06 Times of Day 47 SECTION 1.07 No Novation 47 SECTION 1.08 Currency Translation; Change of Currency 48 SECTION 1.09 Interest Rates; LIBOR Notification.

  • The Agent will promptly notify the Borrower, pursuant to Section clause (d) of Subsection 2.10.7 (Interest Rates; LIBOR Notification), of any change to the reference rate upon which the interest rate on Eurodollar RC Loans is based.

  • Interest Rates; LIBOR Notification 32 ARTICLE II THE CREDITS 33 SECTION 2.01.

Related to LIBOR Notification

  • LIBOR Notice means a written notice in the form of Exhibit L-1.

  • LIBOR Certificate Any Class A1, Class A2, Class A3, Class A4, Class A5, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9, Class B1 or Class B2 Certificate.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Required Rate means (a) 8.25%, with respect to the Cutoff Date and any Distribution Date on or prior to the date on which the Class A-2-B Notes are paid in full, or, (b) 7.75%, with respect to any Distribution Date after the Class A-2-B Notes are paid in full, or, in each case, such other percentage approved by the Rating Agencies.

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.