Examples of Designated LIBOR Currency in a sentence
LIBOR will be the rate for deposits in the Designated LIBOR Currency having the Index Maturity specified on the face hereof, commencing on the applicable Interest Reset Date, that appears on the Designated LIBOR Page (as defined below) as of 11:00 A.M., London time, on such LIBOR Interest Determination Date; or if no such rate so appears, LIBOR on such LIBOR Interest Determination Date will be determined in accordance with the provisions described in clause (ii) below.
As referenced above, “Designated LIBOR Currency” means the currency specified in the applicable Pricing Supplement as to which LIBOR shall be calculated or, if no such Designated LIBOR Currency is specified in the applicable Pricing Supplement, U.S. dollars.
The offered rates must begin on the second London Business Day immediately after the Interest Determination Date (or if pounds sterling is the Designated LIBOR Currency, commencing on such Interest Determination Date or, if Euro is the Designated LIBOR Currency, beginning on the second TARGET Settlement Date immediately after such date).
We can see diverse quantitative results achieved by the five case studies in terms of contribution to job creation and earnings, employment situation and student satisfaction.
It being understood that if no such currency or composite currency is specified in this Note, the Designated LIBOR Currency shall be U.S. dollars.