LIBOR Notes definition

LIBOR Notes means Notes that bear interest based on LIBOR (as defined in the Notes).

LIBOR Notes means Floating Rate Notes which are specified in the applicable Company Order as bearing interest at an interest rate calculated with reference to LIBOR.

LIBOR Notes. The Class A Notes and the Class M Notes.

Examples of LIBOR Notes in a sentence

• If the Issuer or its designee determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any determination of the Benchmark on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the U.S. dollar LIBOR Notes in respect of such determination on such date and all determinations on all subsequent dates.(b) Benchmark Replacement Conforming Changes.

• For the avoidance of doubt, in accordance with the benchmark replacement provisions, after a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, the amount of interest that will be payable for each interest period on the U.S. dollar LIBOR Notes will be an annual rate equal to the sum of the Benchmark Replacement (as defined below) and the applicable margin.

• If the Issuer or its designee determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any determination of the Benchmark on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the U.S. dollar LIBOR Notes in respect of such determination on such date and all determinations on all subsequent dates.

• Effect of Benchmark Transition Event for U.S. dollar LIBOR Notes (a) Benchmark Replacement.

• LIBOR NotesLIBOR Notes will bear interest at the interest rates specified in the LIBOR Notes and in the applicable Pricing Supplement.

More Definitions of LIBOR Notes

LIBOR Notes. The term "

LIBOR Notes. The Class A-1 Notes.

LIBOR Notes. The London Interbank offered rate ("LIBOR") means, with respect to any Interest Determination Date, the rate for deposits in U.S. dollars having the Index Maturity that appears on the Designated LIBOR Page as of 11:00 a.m., London time, on such Interest Determination Date. If no rate appears, LIBOR will be determined on the basis of the rates at approximately 11:00 a.m., London time, on such Interest Determination Date at which deposits in U.S. dollars are offered to prime banks in the London interbank market by four major banks in such market selected by the Calculation Agent for a term equal to the Index Maturity and in principal amount equal to an amount that in the Calculation Agent's judgment is representative for a single transaction in U.S. dollars in such market at such time (a "Representative Amount"). The Calculation Agent will request the principal London office of each of such banks to provide a quotation of its rate. If at least two such quotations are provided, LIBOR will be the arithmetic mean of such quotations. If fewer than two quotations are provided, LIBOR for such interest period will be the arithmetic mean of the rates quoted at approximately 11:00 a.m., in New York City, on such Interest Determination Date by three major banks in New York City, selected by the Calculation Agent, for loans in U.S. dollars to leading European banks, for a term equal to the Index Maturity and in a Representative Amount; provided, however, that if fewer than three banks so selected by the Calculation Agent are providing such quotations, the then existing LIBOR rate will remain in effect for such Interest Payment Period.

LIBOR Notes means Notes that bear interest based on LIBOR.

LIBOR Notes means the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes, Class A-6 Notes and Class B Notes.

LIBOR Notes means Series B Notes bearing interest at the Taxable LIBOR Index Rate or the Tax-Exempt LIBOR Index Rate, as applicable.

LIBOR Notes means the LIBOR-Based Class A Notes and the LIBOR-Based Class B Notes.