USD-LIBOR-BBA definition

USD-LIBOR-BBA. As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions.

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USD-LIBOR-BBA means, for any date, the rate for deposits in U.S. dollars for a period of the Specified Maturity which appears on the Reuters Screen LIBOR01 as of 11.00 a.m., London time, on the day that is two London Business Days preceding that date.

Examples of USD-LIBOR-BBA in a sentence

Floating Rate Option: In relation to any Transaction, USD-LIBOR-BBA.
Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period.
For this purpose, the “Discount Rate” means the zero coupon swap rate (as determined by the Calculation Agent) implied by the fixed rate offered to be paid by Citibank under a fixed for floating interest rate swap transaction with a remaining Term equal to the period from such final Termination Trade Date to the Scheduled Termination Date in exchange for the receipt of payments indexed to USD-LIBOR-BBA.
Floating Rate Option: USD-LIBOR-BBA Floating Amount: To be determined in accordance with the following formula: 100 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period.
For this purpose, the "Discount Rate" means the zero coupon swap rate (as determined by the Calculation Agent) implied by the fixed rate offered to be paid by Citibank under a fixed for floating interest rate swap transaction with a remaining Term equal to the period from such final Termination Trade Date to the final Second Floating Rate Payer Payment Date in exchange for the receipt of payments indexed to USD-LIBOR-BBA.

More Definitions of USD-LIBOR-BBA

USD-LIBOR-BBA means that the rate for a Reset Date will be the rate for deposits in U.S. Dollars for a period of the Designated Maturity which appears on the Telerate Page 3750 as of 11:00 a.m., London time, on the day that is two London Banking Days preceding that Reset Date. If such rate does not appear on the Telerate Page 3750, the rate for that Reset Date will be determined as if the parties had specified "USD-LIBOR-Reference Banks" as the applicable Floating Rate Option. "USD-LIBOR-Reference Banks" means that the rate for a Reset Date will be determined on the basis of the rates at which deposits in U.S. Dollars are offered by the Reference Banks (as defined in the ISDA Definitions) at approximately 11:00 a.m., London time, on the day that is two London Banking Days preceding that Reset Date to prime banks in the London interbank market for a period of the Designated Maturity commencing on that Reset Date and in a Representative Amount (as defined in the ISDA Definitions). The LIBOR Calculation Agent will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If at least two such quotations are provided, the rate for that Reset Date will be the arithmetic mean of the quotations. If fewer than two quotations are provided as requested, the rate for that Reset Date will be the arithmetic mean of the rates quoted by major banks in New York City, selected by the LIBOR Calculation Agent, at approximately 11:00 a.m., New York City time, on that Reset Date for loans in U.S. Dollars to leading European banks for a period of the Designated Maturity commencing on that Reset Date and in a Representative Amount.

USD-LIBOR-BBA means, in respect of a calendar day, the LIBOR rate for U.S. Dollars deposits with a designated maturity which appears on the Reuters Screen LIBOR01 Page (or the successor or replacement to such page as determined by the Calculation Agent) at 11:00 a.m., London time, on the day that is two London Business Days preceding the first day of the relevant Interest Period, provided that, if such rate is not published on such screen page at such time, the USD-LIBOR-BBA for such calendar day shall be such rate as is determined by the Calculation Agent in good faith and in a commercially reasonable manner.

USD-LIBOR-BBA means all tenors of the U.S. Dollar ICE LIBOR. ICE LIBOR is a benchmark currently administered by ICE Benchmark Administration and provides an indicationof the average rate at which a contributor bank can obtain unsecured funding in the London interbank market for a given period, in a given currency.

USD-LIBOR-BBA means that the rate for an Interest Determination Date will be the rate for deposits in U.S. dollars for a period of the “Designated Maturity”, specified in the applicable Supplement, which appears on the Telerate page 3750 as of 11:00 a.m., London time, on the day that is two London banking days preceding that Interest Determination Date. If that rate does not appear on the Telerate page 3750, the rate for that Interest Determination Date will be determined as if the parties had specified “USD-LIBOR-Reference Banks” as the applicable floating rate option.

USD-LIBOR-BBA. As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions. Value: With respect to any Mortgaged Property, the lesser of (i) the Origination Value thereof and (ii) the purchase price paid for the related Mortgaged Property by the Mortgagor with the proceeds of the Mortgage Loan; provided, however, in the case of a Refinanced Mortgage Loan, such value of the Mortgaged Property is the Origination Value thereof.

USD-LIBOR-BBA means that the rate for a Reset Date will be the rate for deposits in U.S. Dollars for a period of the Designated Maturity which appears on the relevant page of the Reuters Screen as of 11:00 a.m., London time, on the day that is two London Banking Days preceding that Reset Date. If such rate does not appear on the relevant page of the Reuters Screen, the rate for that Reset Date will be determined as if the parties had specified "USD-LIBOR-Reference Banks" as the applicable Floating Rate Option.

USD-LIBOR-BBA means, for each calendar day, the rate for deposits in U.S. dollars (the "Original LIBOR Rate") for a period of a particular designated maturity which appears on the Reuters Screen LIBOR01 Page as of 11:00 a.m., London time, on the day that is two London Business Days preceding such calendar day, provided that, if such rate is not published on such screen page at such time, the USD- LIBOR-BBA for such calendar day shall be such rate as is determined by the Calculation Agent in good faith and in a commercially reasonable manner.

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