Examples of BBA LIBOR in a sentence
During the Bank Purchase Mode Period, the Series 2015 Bonds would bear interest at the Bank Purchase Rate (1.17% plus 67% of 1M BBA LIBOR), reset monthly, with principal and interest payments determined using a 15-year amortization schedule.
The Floating Rate and Inverse Floating Rate Classes will bear interest at per annum rates based on one- month LIBOR (hereinafter referred to as “LIBOR”) as follows: (1) LIBOR will be established on the basis of the BBA LIBOR method, as described under “Description of the Securities — Interest Distributions — Floating Rate and Inverse Floating Rate Classes” in this Supplement.(2) The initial Interest Rate will be in effect during the first Accrual Period; the Interest Rate will adjust monthly thereafter.
LIBOR will be established on the basis of the BBA LIBOR method, as described under “Description of the Securities — Interest Distributions — Floating Rate and Inverse Floating Rate Classes” in this Supplement.
Advances bear interest at the BBA LIBOR daily floating rate plus 1.14%.
One is in the amount of $10 million for operating cash flow purposes and advances bear interest at the BBA LIBOR daily rate plus 1.14%.