LIBOR Banking Day definition

LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).
LIBOR Banking Day means any Banking Day on which commercial banks are open for international business (including dealings in U.S. Dollar deposits in the London interbank market) in London, England.
LIBOR Banking Day has the meaning set forth in paragraph 2(b)(1) of Annex I.

Examples of LIBOR Banking Day in a sentence

  • Subject to Section 5.2 and Article 9, all Advances requested by the Borrower will be made available by deposit of the applicable funds (which in the case of Bankers’ Acceptances will be the Net Proceeds) into the Borrower’s Account for value on the Banking Day, or the LIBOR Banking Day in the case of a LIBOR Based Loan, as the case may be, on which the Advance is to take place.


More Definitions of LIBOR Banking Day

LIBOR Banking Day. Any day on which commercial banks in the City of London, England are open for business and dealing in offshore dollars.
LIBOR Banking Day means a day other than a Saturday or a Sunday on which banks are open for business in New York and London and dealing in offshore dollars.
LIBOR Banking Day means any day other than a day on which banking institutions in the State of New York or the City of London are authorized by law to close.
LIBOR Banking Day means a day on which commercial banks are open for business (including dealings in foreign currency deposits) in London.
LIBOR Banking Day has the meaning set forth in Section 3.10(b)(1).
LIBOR Banking Day means any day on which banks are open for business in Vancouver, British Columbia, Toronto, Ontario, New York, New York and London, England.
LIBOR Banking Day has the meaning set forth in Section 2.10(b)(i). “LIBOR Business Day” has the meaning set forth in Section 2.10(b)(i). “LIBOR Determination Date” has the meaning set forth in Section 2.10(b)(i). “Liquidation Amount” means the stated amount of $1,000 per Trust Security. “Maturity Date” means October 7, 2032.