LIBOR Interest means interest accruing at the LIBOR Rate as contemplated by Section 2.5.
LIBOR Interest. Period shall mean, for each LIBOR Rate Borrowing, a period commencing:
LIBOR Interest. Annual interest at a varying rate on the basis of the rate of the Libor interest for six-month dollar deposits on the inter-banking market in London, as quoted on the Telerate news service page 3750 at 11:00 a.m. (London time) two business days overseas prior to the beginning of any Interest Period. If at any time the interest established as aforesaid is not published on the Telerate news service page 3750, the interest shall be established in accordance with the publication of another recognized news service or in accordance with any other publication which at the Company’s discretion constitutes an appropriate substitute for such publication.
Examples of LIBOR Interest in a sentence
If any payment of a Libor Loan occurs on a date that is not the last day of the applicable Libor Interest Period, whether because of acceleration, prepayment or otherwise, or a Libor Loan is not made on the date specified by the Borrowers, the Borrowers shall, jointly and severally, indemnify the Lender for any loss or cost incurred by it resulting therefrom, including, without limitation, any loss or cost in liquidating or employing deposits acquired to fund or maintain the Libor Loan.
The Borrowers shall select Libor Interest Periods with respect to Libor Loans so that such Libor Interest Period does not expire after the end of the Maturity Date.
The Libor Interest Period applicable thereto.Each Libor Loan shall bear interest from and including the first day of the Libor Interest Period applicable thereto to (but not including) the last day of such Libor Interest Period at the interest rate determined as applicable to such Libor Loan.
Shocks on GBP Libor Interest Yield (collateralised and uncollateralised transactions) Short/Long TermBaseline (shocks vis-a-visDec.
The Appellant thus has failed to demonstrate that the Trial Chamber’s error invalidated the verdict.633 Appeal Brief, para.
More Definitions of LIBOR Interest
LIBOR Interest the interest rate quoted in the London Interbank Market, for the period of six (6) months, as determined for this purpose by Bank Hapoalim B.M. Ltd. prior to the commencement of any Interest Period (as defined below), pursuant to the customary procedures and regulations of Bank Leumi Le’Israel Ltd. For the purposes of this definition, the term “Interest Period” shall mean each six (6) month period commencing on the date of this Agreement.
LIBOR Interest means, for any Payment Date and in respect of any Series No. 1 Notes, interest on such Series No. 1 Notes accrued during the period commencing on the immediately preceding Payment Date and ending on the date prior to such Payment Date at a rate per annum equal to LIBOR for such immediately preceding Payment Date (but in no event greater than the interest charged pursuant to Section 4.4(b) of the Purchase Agreement)."
LIBOR Interest. Period shall mean, with respect to each LIBOR Loan, an Interest Period consisting of 1, 2 or 3 months as designated by the Borrowers in accordance with Section 1.06(a)(5) hereof.
LIBOR Interest. Period shall mean the period of time selected by the Borrower in connection with (and to apply to) any election permitted hereunder by the Borrower to have a portion of the Loan bear interest at the LIBOR Option. Subject to the last sentence of this definition, such period shall be one (1), two (2), three (3), or six (6) Months (or such other period of less than one (1) Month as the Agent in its discretion may allow Borrower to elect if available from all Lenders). Such LIBOR Interest Period shall commence on (i) the date of disbursement of the advance of the Loan or (ii) the twentieth (20th) day of the month if the Borrower is continuing or converting to the LIBOR Option applicable to a portion of the Loan. Notwithstanding the second sentence hereof: (A) any LIBOR Interest Period which would otherwise end on a date which is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in the next calendar month, in which case such LIBOR Interest Period shall end on the next preceding Business Day, and (B) the Borrower shall not select, convert to or continue a LIBOR Interest Period for any portion of the Loan that would end after the Expiration Date. LIBOR Option shall have the meaning ascribed thereto in Section 3.3 hereof. LIBOR Reserve Percentage shall mean as of any day the maximum percentage in effect on such day as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including, without limitation, supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding. Lien shall mean any mortgage, pledge, charge, encumbrance, security interest, collateral assignment or other lien or restriction of any kind, whether based on common law, constitutional provision, statute or contract, and shall include reservations, exceptions, encroachments, easements, rights of way, covenants, conditions, restrictions, leases and other title exceptions. Loan shall mean the loan made by the Lenders to the Borrower in the amount of Seventy-Five Million Dollars ($75,000,000) pursuant to the provisions of this Agreement.
LIBOR Interest. The London Interbank Offered Rate – The interest rate which is offered on the interbank market in London on deposits in USD for the period which will be specified in the Relevant Series' Initial Offering Report (for one week, one month, six months, etc.) as quoted on the Sampling Date in respect of such interest modification period which will be stated as aforesaid in the Relevant Series' Initial Offering Report,2 at 11:00 o'clock, London time, or close 2 For example, if a Relevant Series' Initial Offering Report determines that the interest rate shall be for a one month period, then the quote on the Sampling Date shall be of the LIBOR interest per month. TRANSLATION FROM HEBREW THE BINDING VERSION IS THE HEBREW VERSION thereafter, on the Libor01 page which is published by the Reuters information service (or, if such page will be replaced by a different page, then as quoted on the Sampling Date, at the aforesaid time or close thereafter, on the different page, as aforesaid), or on a different information source which will be specified in the Relevant Series' Initial Offering Report.
LIBOR Interest. Period shall mean the period commencing on the date of any Advance at, or conversion to, a LIBOR Rate and ending thirty (30), sixty (60) or ninety (90) days thereafter as selected by Borrower, subject to the restrictions of Article 3; provided that (A) any LIBOR Interest Period which would otherwise expire on a day which is not a Business Day, shall be extended to the next succeeding Business Day, unless the result of such extension would be to extend such LIBOR Interest Period into another calendar month, in which event the LIBOR Interest Period shall end on the immediately preceding Business Day; and (B) any LIBOR Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such LIBOR Interest Period) shall end on the last Business Day of a calendar month.
LIBOR Interest. Period shall mean a period of one, two or three months commencing on a Business Day selected by the Borrower. Such LIBOR Interest Period shall end on (but exclude) the day which corresponds numerically to such date one, two or three months thereafter, provided, however, that if there is no such numerically corresponding day in such month, such LIBOR Interest Period shall end on the last Business Day of such month. If a LIBOR Interest Period would otherwise end on a day which is not a Business Day, such LIBOR Interest Period shall end on the next succeeding Business Day, provided, however, that if said next succeeding Business Day falls in a new calendar month, such LIBOR Interest Period shall end on the immediately preceding Business Day. LIBOR Rate shall mean, for the relevant LIBOR Interest Period, the sum of (i) the LIBOR Base Rate applicable to such LIBOR Interest Period, plus (ii) 1.375% per annum. The LIBOR Rate shall be rounded to the next higher multiple of 1/100 of 1% if the rate is not such a multiple.