LIBOR Market definition

LIBOR Market means the London interbank offered interest rate market created by major London clearing banks for deposits in United States dollars.

LIBOR Market means the London, England market established by and among banks for the solicitation, offer and acceptance of Dollar deposits in such banks.

LIBOR Market means the London interbank market, or (with the prior consent of the Company and each of the Banks) any other lawful offshore market in which deposits of Dollars are offered by foreign branches of United States banking institutions and by foreign banking institutions to each other.

Examples of LIBOR Market in a sentence

• The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance and each LIBOR Market Index Rate Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

• The Swingline Loans may be Floating Rate Advances or LIBOR Market Index Rate Advances.

• Upon and following the Supplemental Credit Facility Payment Date, and provided that no Event of Default or Default has occurred hereunder, interest on the outstanding principal balance of Term Loan D shall accrue at LIBOR Market Index Rate plus 200 basis points (2.00%).

• The outstanding principal balance of each loan or advance under the Supplemental Credit Facility (excluding fees for the issuance of Advance Payment Guarantees) shall accrue interest at the LIBOR Market Index Rate plus 325 basis points (3.25%), payable by the Borrower on the first day of each month in arrears and on the Supplemental Credit Facility Maturity Date.

• In the absence of an Event of Default or Default hereunder, the outstanding principal balance of Term Loan D shall continue to accrue interest at the LIBOR Market Index Rate plus 250 basis points (2.50%), payable by the Borrower monthly on the first day of each month and upon maturity of Term Loan D.

More Definitions of LIBOR Market

LIBOR Market means the-London interbank Eurocurrency market.

LIBOR Market means the London interbank eurodollar offering market;

LIBOR Market. Index-Based Rate" shall be the rate per annum equal to the LIBOR Market Index Rate plus one percent (1.0%) as that rate may change from day to day. "LIBOR Market Index Rate", for any day, is the rate for 1 month U.S. dollar deposits as reported on Telerate page 3750 as of 11:00 a.m., London time, on such day, or if such day is not a London business day, then the immediately preceding London business day (or if not so reported, then as determined by the Bank from another recognized source or interbank quotation).

LIBOR Market. Index Rate" for any day, is the rate for 1-month U.S. dollar deposits as reported on Telerate page 3750 as of 11:00 a.m., London time, on such day, or if such day is not a London Business Day, then the immediately preceding London Business Day (or if not so reported, then as determined by the Administrative Agent from another recognized source or interbank quotation).

LIBOR Market. Index Rate Loan - Any portion of the Revolving Credit Loans or any Term Loan on which interest accrues at the LIBOR Market Index Rate. LIBOR Based Term Loan Rate - The Adjusted LIBOR Rate plus 225 basis points. LIBOR Interest Period - Section 2.4(c)(i).

LIBOR Market means the London interbank Eurodollar offering market;

LIBOR Market means the London interbank Eurocurrency market. Upon the occurrence of an Event of Default (hereinafter defined), or in the event this Note is declared due, interest shall accrue at the Maximum Rate. The occurrence of any of the following shall constitute an "Event of Default" under this Note: