Applicable LIBOR definition

Applicable LIBOR means the interest rate corresponding to:

Applicable LIBOR means with respect to the Notes, six month LIBOR or LIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date.

Applicable LIBOR. RATE" for each Calculation Period will be determined by the Trust Cash Manager. The Trust Cash Manager will determine "GBP-LIBOR-BBA" in accordance with the ISDA definitions provided that the purposes of making such a determination in respect of any Calculation Period, the Reset Date (as defined in the ISDA definitions) shall be the first day of such Calculation Period and the Designated Maturity (as defined in the ISDA definitions) shall be 1 month or in the case of the first Calculation Period, 2 months ("LIBOR"). If the Trust Cash Manager is unable to determine GBP-LIBOR-BBA, the Applicable LIBOR Rate for any Calculation Period will be the Applicable LIBOR Rate last determined.

Examples of Applicable LIBOR in a sentence

• Interest shall accrue and be payable on each Loan made as a LIBOR Loan at a per annum interest rate equal to the LIBOR Basis applicable to such LIBOR Loan plus the Applicable LIBOR Margin.

• The potential for standardization of services and rate-setting methods will be evaluated as part of the outreach.

• Each Advance shall bear interest from and including the date of the making of such Advance to (but not including) the date or repayment thereof at the Applicable LIBOR Rate, changing when and as the underlying LIBOR Rate changes, which such interest shall be payable in accordance with Section 2.9(B).

• The ceiling and walls of a rear room had been eaten by termites and the ceiling had partially collapsed.

• After the occurrence and during the continuation of an Event of Default, at the option of the Required Lenders, the interest rate(s) applicable to the Advances shall be equal to the Applicable LIBOR Rate plus three percent (3.0%) per annum.

More Definitions of Applicable LIBOR

Applicable LIBOR means, as of any date of determination, for each Loan, LIBOR as determined on such date.

Applicable LIBOR means with respect to Class A-1B Notes, six-month LIBOR or LIBOR for such other appropriate period in respect of the Interest Accrual Period immediately prior to the Maturity Date or the Redemption Date or in respect of the first Interest Accrual Period, as determined in accordance with Condition 6 (Interest).

Applicable LIBOR means, in respect of Receivables denominated in Dollars, the LIBOR Rate, in respect of Receivables denominated in Japanese Yen, BBA JPY LIBOR, and in respect of Receivables denominated in Euros, Euribor.

Applicable LIBOR means, at any time, LIBOR plus the Applicable Margin.

Applicable LIBOR. BAR MARGIN" (for Swing Line Borrowings as well as for Borrowings funded by the Lenders in accordance with their Funding Shares) means: - for outstanding Subprime Single-family Warehouse Advances that are not also Wet Warehousing Advances, plus one and three-eighths percent (+13/8%). - for outstanding Subprime Single-family Warehouse Advances that are also Wet Warehousing Advances, plus one and five-eighths percent (+15/8%). - for outstanding Uncovered Warehousing Advances that are not also Wet Warehousing Advances, plus one and one-half percent (+1 1/2%). - for outstanding Uncovered Warehousing Advances that are also Wet Warehousing Advances, plus one and three-fourths percent (+1 3/4%). - for outstanding P&I Advances Subline Advances, plus one and seven-eighths percent (+17/8%). - for outstanding Servicing Advances, plus one and seven-eighths percent (+17/8%). - for outstanding Recoveries Subline Advances, plus two percent (+2%).

Applicable LIBOR means (i) with respect to any Advance for which notice is given later than 11:00 A.M. (New York time) three Business Days prior to the date of the requested Advance, a rate per annum equal to the overnight LIBOR (as hereinafter defined) ("OVERNIGHT LIBOR") for the initial day of such Advance, and such Advance shall thereafter be deemed to be continued on the next Business Day at a rate per annum equal to the one-week LIBOR ("WEEKLY LIBOR"), and (ii) with respect to all other Advances, a rate per annum equal to the Weekly LIBOR.

Applicable LIBOR means, (i) in respect of any Purchase Date occurring before January 1, 2022 or any interest period under Section 2.5 up to and excluding January 1, 2022 in respect of Receivables denominated in Dollars, the LIBOR Rate, (ii) in respect of Receivables denominated in Japanese Yen, BBA JPY LIBOR, and (iii) in respect of Receivables denominated in Euros, Euribor.