Term Loan Adjusted LIBOR Rate means, relative to a Term Loan LIBOR Rate Loan, a rate per annum determined by dividing (x) the LIBOR Rate for such Term Loan LIBOR Interest Period by (y) a percentage equal to one hundred percent (100%) minus the Term Loan LIBOR Reserve Percentage.
Term Loan Adjusted LIBOR Rate means the LIBOR Rate plus the Term Loan Margin.