LIBOR Transaction definition

LIBOR Transaction means, with respect to any Pricing Rate Period, any Transaction with respect to which the Pricing Rate for such Pricing Rate Period is determined with reference to the LIBO Rate.
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LIBOR Transaction means, with respect to any Pricing Rate Period, any Transaction with respect to which the Pricing Rate is determined for such Pricing Rate Period with reference to LIBOR.
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LIBOR Transaction means, for purposes of determining the applicable Pricing Rate, the Purchase Price for Transactions or portions thereof which a Seller has designated in a Pricing Designation to the Agent in accordance with Section 4(a)(i) or 6(b) that the Pricing Rate therefore shall be based on the LIBOR Rate.
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Examples of LIBOR Transaction in a sentence

  • Notwithstanding any provision of this Agreement to the contrary, in no event shall Seller have the right to convert a LIBOR Transaction to a Prime Rate Transaction or an Alternate Rate Transaction.

  • Notwithstanding any provision of this Agreement to the contrary, in no event shall Seller have the right to convert a Prime Rate Transaction to a LIBOR Transaction or a LIBOR Transaction to a Prime Rate Transaction.

  • Upon the giving of such notice, such Transaction shall be converted, as of the first day of the next succeeding Pricing Rate Period, to a LIBOR Transaction.

  • Notwithstanding any provision of this Agreement to the contrary, in no event shall Seller have the right to convert a LIBOR Transaction to an Alternate Rate Transaction.

  • Any ABR Transaction, Eurodollar Transaction or LlBOR Transaction shall continue as an ABR Transaction, Eurodollar Transaction or LIBOR Transaction, respectively, until (i) with respect to Eurodollar Transactions the Interest Period with respect thereto ends, and (ii) with respect to an ABR Transaction or LIBOR Transaction, the Agent receives a Pricing Designation notifying the Agent of a change in the applicable Pricing Rate.

  • In the event the foregoing conditions shall be satisfied and the LIBOR Transaction is to be converted to an Alternate Rate Transaction as provided above, Buyer shall provide written notice of the conversion of such LIBOR Transaction to an Alternate Rate Transaction to Seller in the time period set forth in Section 6 of the Fee Letter prior to implementing such Alternative Rate on the next succeeding Pricing Rate Determination Date,.

  • Upon the giving of such notice, the Transaction shall be converted, as of the first day of the next succeeding Pricing Rate Period, to a LIBOR Transaction.


More Definitions of LIBOR Transaction

LIBOR Transaction means any Transaction with respect to which the Pricing Rate is determined with reference to the LIBOR Rate. “ Loan ” shall mean a whole loan, in each case secured by a Security Instrument and evidenced by a Note and all other Loan documents,
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LIBOR Transaction. “Market Practice”; “Rate Adjustment”; “Replacement Index”; “Replacement Index Transaction”
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LIBOR Transaction means any Transaction at such time as interest thereon accrues at a rate of interest based upon LIBOR.
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LIBOR Transaction means any Transaction with respect to which the Pricing Rate is determined with reference to the LIBOR Rate. “Liquidity” means, for any Person and its Consolidated Subsidiaries, the sum of (a) cash and Cash Equivalents and (b) Available Borrowing
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Related to LIBOR Transaction

  • LIBOR Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.

  • Eurodollar Disruption Event The occurrence of any of the following: (a) any Liquidity Bank shall have notified the Administrative Agent of a determination by such Liquidity Bank or any of its assignees or participants that it would be contrary to law or to the directive of any central bank or other governmental authority (whether or not having the force of law) to obtain Dollars in the London interbank market to fund any Advance, (b) any Liquidity Bank shall have notified the Administrative Agent of the inability, for any reason, of such Liquidity Bank or any of its assignees or participants to determine the Adjusted Eurodollar Rate, (c) any Liquidity Bank shall have notified the Administrative Agent of a determination by such Liquidity Bank or any of its assignees or participants that the rate at which deposits of Dollars are being offered to such Liquidity Bank or any of its assignees or participants in the London interbank market does not accurately reflect the cost to such Liquidity Bank, such assignee or such participant of making, funding or maintaining any Advance, (d) any Liquidity Bank shall have notified the Administrative Agent of the inability of such Liquidity Bank or any of its assignees or participants to obtain Dollars in the London interbank market to make, fund or maintain any Advance or (e) any Liquidity Bank shall have notified the Administrative Agent that the principal amount of Advances to be funded by it is less than $500,000.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Base Rate Event Announcement means a public statement or published information as set out in paragraph (b) to (e) of the definition of Base Rate Event that any event or circumstance specified therein will occur.