LIBOR Transition Date definition

LIBOR Transition Date means, the earlier of (a) the date that all Available Tenors of LIBOR have either (i) permanently or indefinitely ceased to be provided by IBA; provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of LIBOR or (ii) been announced by the FCA pursuant to public statement or publication of information to be no longer representative and (b) the Early Opt-in Effective Date, so long as, in the case of (a) or (b), a Benchmark Replacement has not as of such date replaced Dollar LIBOR pursuant to Section 4.8(c)(i) as the result of an Other Benchmark Rate Election.
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LIBOR Transition Date means January 17, 2023.
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LIBOR Transition Date means the transition datenominated by the Exchange and communicated by Circular.
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Examples of LIBOR Transition Date in a sentence

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  • Short Sterling Futures will cease to list Serial delivery months beyond the LIBOR Transition Date.

  • Beyond the LIBORTransition Date the Exchange will cease to list new serial months for Three Month Sterling (i.e. the November 2021 delivery month will be the final newlisted serial contract for a LIBOR Transition Date of 17 December 2021).

  • The credit agreement provides for the transition from LIBOR to SOFR, the recommended risk-free reference rate of the Federal Reserve Board and Alternative Reference Rates Committee, as of the LIBOR Transition Date, as defined within the credit agreement.

  • Notwithstanding anything to the contrary, Borrowers shall not be entitled to request any conversion, rollover or continuation that, if made, would result in more than (i) eight Borrowings in Dollars of (x) prior to the USD LIBOR Transition Date, Eurocurrency Loans or (y) on and after the USD LIBOR Transition Date,Term SOFR Rate Loans, (ii) five Borrowings of XXXXX Rate Loans or (iii) eight Borrowings of EURIBOR Loans outstanding hereunder at any one time.

  • If the pre-trade risk limits are still not updated prior to the LIBOR Transition Date, ICE will set the pre-trade risk limits to take the higher of the notional equivalent of either the LIBOR or RFR pre-trade risk limit.

  • Notwithstanding the foregoing, after the USD LIBOR Transition Date, any requests for Eurodollar Loans shall be deemed requests for RFR Loans denominated in Dollars.

  • The Dollar Revolving Loans may from time to time be (i) Base Rate Loans or (ii)(A) prior to the USD LIBOR Transition Date, Eurocurrency Rate Loans or (B) on and after the USD LIBOR Transition Date, RFR Loans, in each case, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 or 2.9.

  • Dollars, on and after the USD LIBOR Transition Date, SOFR and (b) British Pounds Sterling, SONIA.

  • The Parties agree to negotiate in good faith to identify a LIBOR replacement prior to the LIBOR Transition Date.


More Definitions of LIBOR Transition Date

LIBOR Transition Date means the earliest of such date the One Month LIBOR, (i) is permanently or indefinitely no longer published, (ii) is no longer approved for use by regulators, (iii) is not in common use within the financial services industry, or (iv) such date to which the Parties mutually agree.”
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LIBOR Transition Date means the transition date nominated by the Exchange and communicated
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Related to LIBOR Transition Date

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Transition Date means the date on which this contract comes into effect for all purposes. Schedule 1 (Contract Particulars)

  • Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Liquidity Termination Date means the earlier to occur of (a) May 12, 2014, as such date may be extended from time to time by Three Pillars’ Liquidity Banks in accordance with the Liquidity Agreement, and (b) the occurrence of an Event of Bankruptcy with respect to Three Pillars.

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Non-Lead Securitization Determination Date means the “determination date” (or any term substantially similar thereto) as defined in the related Non-Lead Securitization Servicing Agreement.

  • Revolver Termination Date means the date that is the three (3) year anniversary of the Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.