Daily Three Month LIBOR

Example Definitions of "Daily Three Month LIBOR"
Daily Three Month LIBOR. Means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a three (3) month period. When interest is determined in relation to Daily Three Month LIBOR, each change in the interest rate shall become effective each Business Day that the Lender determines that Daily Three Month LIBOR has changed.
Daily Three Month LIBOR. Means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a three (3) month period. When interest is determined in relation to Daily Three Month LIBOR, each change in the interest rate shall become effective each Business Banking Day that the Lender determines that Daily Three Month LIBOR has changed.
View Variation Arrow
Daily Three Month LIBOR. Means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a three (3) month period.
Daily Three Month LIBOR. For each day, LIBOR as quoted by Wells Fargo for a period of time approximately equal to three months in duration
All Definitions