LIBOR Reference Banks definition

LIBOR Reference Banks means four major banks in the London interbank market selected by the Calculation Agent.
Sample 1Sample 2Sample 3
LIBOR Reference Banks means HSBC Bank plc, Barclays Bank plc and UBS AG and any other leading banks in the London inter-bank market as may be agreed to from time to time by the Finnvera Facility Agent and the Borrower;
Sample 1Sample 2Sample 3
LIBOR Reference Banks means the principal offices in London of Bank of America, N.A., Citibank, N.A., JPMorgan Chase Bank, N.A., HSBC Bank USA and Deutsche Bank AG, or such other financial institutions as may be agreed between the Borrower and the Administrative Agent from time to time in writing.
Sample 1Sample 2Sample 3

Examples of LIBOR Reference Banks in a sentence

  • The LIBOR Calculation Agent shall request the principal London office of each of the LIBOR Reference Banks to provide a quotation of its rate.

  • If such rate does not appear on Telerate Page 3750, the rate for that LIBOR Determination Date shall be determined on the basis of the rates at which deposits in United States dollars are offered by the LIBOR Reference Banks at approximately 11:00 a.m., London time, on that day to prime banks in the London interbank market for a one-month period.

  • If, on any LIBOR Determination Date, at least two of the LIBOR Reference Banks provide such quotations, LIBOR shall equal such arithmetic mean.

  • If, on any LIBOR Determination Date, only one or none of the LIBOR Reference Banks provide such quotations, LIBOR shall be deemed to be the arithmetic mean of the offered quotations that the leading banks in New York City selected by the Paying Agent (after consultation with the Fund) are quoting on such LIBOR Determination Date for one-month U.S. dollar deposits to the principal London offices of leading banks in the London interbank market.

  • If, on any LIBOR Determination Date, such rate does not appear on the Telerate Page 3750, the Paying Agent shall determine the arithmetic mean of the offered quotations of the LIBOR Reference Banks to prime banks in the London interbank market for one-month U.S. dollar deposits by reference to requests for quotations as of approximately 11:00 a.m. (London time) on such LIBOR Determination Date made by the Paying Agent to the LIBOR Reference Banks.


More Definitions of LIBOR Reference Banks

LIBOR Reference Banks means The Chase Manhattan Bank, BNP Paribas, London, and Credit Suisse, London, Limited, and the term "REFERENCE BANKS" shall mean Bank of America N.A., Citibank, N.A., and Commerzbank Aktiengesellschaft.
Sample 1Sample 2
LIBOR Reference Banks. The Toronto-Dominion Bank, The Bank of Nova Scotia, NationsBank, N.A. and The First National Bank of Chicago.
Sample 1Sample 2Sample 3
LIBOR Reference Banks means four major banks in the London interbank market selected by the Beneficiary. "London Business Day" shall mean any Business Day other
Sample 1Sample 2
LIBOR Reference Banks means four major banks in the London interbank market selected by the Paying Agent.
Sample 1Sample 2Sample 3
LIBOR Reference Banks means the principal London offices of Deutsche Bank AG, Bank of America and Dresdner Bank AG London Branch and/or any other Banks appointed as such pursuant to clause 19.14;
Sample 1Sample 2
LIBOR Reference Banks means four major banks in the London interbank market selected by the LIBOR Calculation Agent.
Sample 1Sample 2Sample 3
LIBOR Reference Banks means that the rate in respect of a Reset Date will be determined on the basis of the rates at which deposits in Dollars are offered by the Reference Banks at approximately 11:00 a.m., London time, on the
Sample 1Sample 2