Daily One Month Libor Rate

Daily One Month Libor Rate. Means, for any date of determination, the rate (rounded upwards, if necessary, to the next 1/16 of 1%) appearing on Reuters Screen LIBOR01 Page (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page of such service, as determined by Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London ... interbank market) at approximately 11:00 a.m., London time, on such date of SECOND AMENDMENT TO CREDIT AGREEMENT, Page 1 determination, as the rate for dollar deposits with a maturity of one (1) month. If at any time the London Interbank Offered Rate becomes unavailable, then the Prime Rate offered by Agent shall be substituted for the Daily One Month Libor Rate. Each change in the Daily One Month Libor Rate shall become effective each Business Day that the Agent determines that the Daily One Month Libor Rate has changed. View More