SIBOR Borrowing definition

SIBOR Borrowing refers to a Borrowing hearing interest at a rate determined by reference to SIBOR.
View Source

Examples of SIBOR Borrowing in a sentence

  • Except as otherwise provided herein, an Interest Election Request for conversion to, or continuation of, any Eurodollar Borrowing, EURIBOR Borrowing, HIBOR Borrowing, SIBOR Borrowing, Australian Bank ▇▇▇▇ Rate Borrowing or Canadian BA Rate Borrowing shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to effect a conversion or continuation in accordance therewith.

  • If no Interest Period is specified with respect to any requested Eurodollar Borrowing, EURIBOR Borrowing, HIBOR Borrowing, SIBOR Borrowing, Australian Bank ▇▇▇▇ Rate Borrowing or Canadian BA Rate Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • Except as otherwise provided herein, a Borrowing Request for a Eurodollar Borrowing, a EURIBOR Borrowing, a HIBOR Borrowing, a SIBOR Borrowing, an Australian Bank ▇▇▇▇ Rate Borrowing or a Canadian BA Rate Borrowing shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to make a borrowing in accordance therewith.

  • Except as otherwise provided herein, a Borrowing Request for a EurodollarTerm SOFR Borrowing, a EURIBOR Borrowing, a HIBOR Borrowing, a SIBOR Borrowing, an Australian Bank ▇▇▇▇ Rate Borrowing, a Canadian BA Rate Borrowing or a TIBOR Borrowing shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to make a borrowing in accordance therewith.

  • Except as otherwise provided herein, an Interest Election Request for conversion to, or continuation of, any EurodollarTerm SOFR Borrowing, EURIBOR Borrowing, HIBOR Borrowing, SIBOR Borrowing, Australian Bank ▇▇▇▇ Rate Borrowing, Canadian BA Rate Borrowing or TIBOR Borrowing shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to effect a conversion or continuation in accordance therewith.

  • Until an alternate rate of interest shall be determined in accordance with this Section 3.6.2, only to the extent the LIBOR or SIBOR is not available or published at such time on a current basis, (i) any requests for the conversion of any Borrowing to, or continuation of any Borrowing as, a LIBOR or SIBOR Borrowing shall be ineffective, and (y) if any Borrowing Request requests a LIBOR or SIBOR Borrowing, such Borrowing shall be made as an Base Rate Borrowing.

  • If no Interest Period is specified with respect to any requested EurodollarTerm SOFR Borrowing, EURIBOR Borrowing, HIBOR Borrowing, SIBOR Borrowing, Australian Bank ▇▇▇▇ Rate Borrowing, Canadian BA Rate Borrowing or TIBOR Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.