Swap LIBOR definition

Swap LIBOR. With respect to any Distribution Date (and the related Accrual Period) the product of (i) the Floating Rate Option (as defined in the Swap Agreement for the related Swap Payment Date), (ii) two and (iii) the quotient of (a) the actual number of days in the Accrual Period for the Lower Tier REMIC Interests divided by (b) 30.

Swap LIBOR. A per annum rate equal to the floating rate payable by the Swap Provider under the Swap Agreement.

Swap LIBOR. LIBOR as determined pursuant to the Swap Agreement.

Examples of Swap LIBOR in a sentence

• Swap LIBOR x Fixed US$: positions in conventional swaps exchanging post-fixed rate (LIBOR) for a fixed rate in US$.

• Swap LIBOR x Fixed US$: positions in conventional swaps exchanging a post-fixed rate (LIBOR) for a fixed rate in US$.

• Please specify which financial indices you will use to base your financial rate against (e.g. 3 Year Swap, LIBOR).

• LOT 1 COST OF FINANCE/FINANCE HOUSE BASE RATE: Please specify which financial indices you will use to base your financial rate against (e.g. 3 Year Swap, LIBOR).

• With respect to REMIC II Regular Interest II-LTIO-2, and (a) the first 31 Distirbution Dates, the excess of (i) the weighted average of the REMIC I Remittance Rates for REMIC I Group II Regular Interests ending with the designation "A", over (ii) 2 multiplied by Swap LIBOR, and (b) thereafter, 0.00%.

More Definitions of Swap LIBOR

Swap LIBOR. For any Distribution Date, a per annum rate equal to the Floating Rate Option (as defined in the Swap Agreement) for the related Calculation Period (as defined in the Swap Agreement).

Swap LIBOR. With respect to any Distribution Date (and the related Interest Accrual Period), the product of (i) USD-LIBOR-BBA (as used in the Interest Rate Swap Agreement), (ii) two, and (iii) the quotient of (a) the actual number of days in the Interest Accrual Period for the LIBOR Certificates divided by (b) 30. Swap Provider: Goldman Sachs Mitsui Marine Derivative Products, L.P., a Delaware limitxx xxxxnxxxxxp, and its successors in interest, and any successor swap provider under any replacement Interest Rate Swap Agreement.

Swap LIBOR. LIBOR as determined pursuant to each Interest Rate Swap Agreement.

Swap LIBOR. With respect to any Payment Date (and the related Accrual Period), and as calculated by the Swap Counterparty, the product of (i) LIBOR as defined in the Swap Agreement, (ii) two, and (iii) the quotient of (a) the actual number of days in the accrual period for the LIBOR Notes and (b) 30.

Swap LIBOR. As to any Distribution Date, LIBOR (as determined pursuant to the Interest Rate Swap Agreement with respect to such Distribution Date).

Swap LIBOR. With respect to any Distribution Date and the related Swap Payment Date (and the Accrual Period relating to such Distribution Date), the product of (i) the Floating Rate Option (as defined in the Swap Agreement) for the related Swap Payment Date and (ii) two.

Swap LIBOR. With respect to any Distribution Date (and the related Interest Accrual Period), the product of (i) USD-LIBOR-BBA (as used in the Interest Swap Agreement), (ii) two, and (iii) the quotient of (a) the actual number of days in the Interest Accrual Period for the LIBOR Certificates divided by (b) 30. Swap Provider: Goldman Sachs Mitsui Marine Derivative Products, L.P., a Delaware limitxx xxxxnership, and its successors in interest.