Definition of TDCC Reference Rate

  1. TDCC Reference Rate means the interest rate established for intercompany financing transactions by the Borrower's Corporate Treasury Department. This rate is set to LIBOR plus 50 base points as of the effective date of this Amendment. Any future changes to this rate will be effective if agreed between the Lender and the Borrower in writing.

Definition of TDCC Reference Rate in Revolving Loan Agreement

TDCC Reference Rate means the interest rate established for intercompany financing transactions by the Borrower's Corporate Treasury Department. This rate is set to LIBOR plus 50 base points as of the effective date of this Amendment. Any future changes to this rate will be effective if agreed between the Lender and the Borrower in writing.