Eurodollar Rate

Example Definitions of "Eurodollar Rate"
Eurodollar Rate. With respect to any Eurodollar Loan for any Interest Period, the interest rate per annum determined by the Agent by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum) (i) the rate of interest determined by the Agent in accordance with its usual procedures (which determination shall be conclusive absent manifest error) to be the average of the London interbank offered rates for U.S. Dollars quoted by the British Bankers' Association as set... forth on Dow Jones Markets Service (formerly known as Telerate) (or appropriate successor or, if British Bankers' Association or its successor ceases to provide such quotes, a comparable replacement determined by the Agent) display page 3750 (or such other display page on the Dow Jones Markets Service system as may replace display page 3750) two (2) Business Days prior to the first day of such Interest Period (or with respect to a Fixed Reset Eurodollar Loan, on the Reset Date for such Fixed Reset Eurodollar Loan) for an amount comparable to the principal amount of such Eurodollar Loan and having a borrowing date and a maturity comparable to such Interest Period by (ii) a number equal to 1.00 minus the Euro-Rate Reserve Percentage. The Eurodollar Rate may also be expressed by the following formula: Average of London interbank offered rates quoted by BBA as shown Eurodollar Rate = on Dow Jones Markets Service display page 3750 or appropriate successor 1.00 - Euro-Rate Reserve Percentage View More Arrow
Eurodollar Rate. With respect to Shall mean for any Eurodollar Rate Loan for any the then current Interest Period, Period relating thereto the interest rate per annum determined by the Agent PNC by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum) (i) the rate of interest determined by the Agent PNC in accordance with its usual procedures (which determination shall be conclusive absent manifest error) to be the average of the London interbank offered rates... for U.S. Dollars quoted by the British Bankers' Association as set forth on Dow Jones Markets Service (formerly known as Telerate) (or appropriate successor or, if British Bankers' Banker's Association or its successor ceases to provide such quotes, a comparable replacement determined by the Agent) PNC) display page 3750 (or such other display page on the Dow Jones Markets Service system as may replace display page 3750) two (2) Business Days prior to the first day of such Interest Period (or with respect to a Fixed Reset Eurodollar Loan, on the Reset Date for such Fixed Reset Eurodollar Loan) for an amount comparable to the principal amount of such Eurodollar Rate Loan and having a borrowing date and a maturity comparable to such Interest Period by (ii) a number equal to 1.00 minus the Euro-Rate Reserve Percentage. The Eurodollar Rate may also be expressed by the following formula: Average of London interbank offered rates quoted by BBA as shown on Eurodollar Rate = on Dow Jones Markets Service display page 3750 or appropriate successor 1.00 - Euro-Rate Reserve Percentage Percentage. View More Arrow
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Eurodollar Rate. Means, for any Eurodollar Borrowing for any Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) appearing on Dow Jones Markets Page 3750 (or any successor page) as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two (2) Business Days prior to the first (1st) day of such Interest Period for a term comparable to such Interest Period. If for any reason such rate is not available, then the term... "EURODOLLAR RATE" means, for any Eurodollar Borrowing for any Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) appearing on Reuters Screen LIBO Page as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two (2) Business Days prior to the first (1st) day of such Interest Period for a term comparable to such Interest Period; PROVIDED, HOWEVER, if more than one rate is specified on Reuters Screen LIBO Page, then the applicable rate shall be the arithmetic mean of all such rates (rounded upwards, if necessary, to the nearest 1/100 of 1%). View More Arrow
Eurodollar Rate. Means, for any Interest Period with respect to any Eurodollar Rate Loan, the rate per annum equal the ICE Benchmark Administration Limited (or such Person that takes over the administration of such rate) LIBOR rate ("ICE LIBOR"), as published by Reuters (or such other commercially available source providing quotations of ICE LIBOR as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such... Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period; if such rate is not available at such time for any reason, then the "Eurodollar Rate" for such Interest Period shall be the Interpolated Rate. View More Arrow
Eurodollar Rate. Means the Eurodollar Base Rate divided by 1 minus the Reserve Requirement.
Eurodollar Rate. Means, for the Interest Period for each Eurodollar Loan comprising part of the same borrowing (including conversions, extensions and renewals), a per annum interest rate determined pursuant to the following formula: Eurodollar Rate = London Interbank Offered Rate --------------------------------- 1 - Eurodollar Reserve Percentage
Eurodollar Rate. For any Eurodollar Loan within a Borrowing and with respect to the related Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%): (a) the rate per annum equal to the rate determined by the Agent to be the offered rate that appears on the page of the Telerate screen (or any successor thereto) that displays an average British Bankers Association Interest Settlement Rate for deposits in US Dollars (for delivery on the first day of such... Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, or (b) in the event the rate referenced in the preceding subsection (a) does not appear on such page or service or such page or service shall cease to be available, the rate per annum equal to the rate determined by the Agent to be the offered rate on such other page or other service that displays an average British Bankers Association Interest Settlement Rate for deposits in US Dollars (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, or (c) in the event the rates referenced in the preceding subsections (a) and (b) are not available, the rate per annum determined by the Agent as the rate of interest at which deposits in US Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the Eurodollar Loan being made, continued or converted by Bank of America, N.A. and with a term equivalent to such Interest Period would be offered by Bank of America, N.A. 's London Branch to major banks in the offshore Dollar market at their request at approximately 4:00 p.m. (London time) two Business Days prior to the first day of such Interest Period. View More Arrow
Eurodollar Rate. Means (i) the LIBOR Rate divided by (ii) 1 minus the Reserve Requirement.
Eurodollar Rate. 1.50 ‘Eurodollar Rate' shall mean with respect to the Interest Period for a Eurodollar Rate Loan, the interest rate per annum equal to the arithmetic average of the rates of interest per annum (rounded upwards, if necessary, to the next one-sixteenth ( 1/16) of one (1%) percent) at which Reference Bank is offered deposits of United States dollars in the London interbank market (or other Eurodollar Rate market selected by a Borrower or Administrative Borrower on behalf of such Borrower and... approved by Agent) on or about 9:00 a.m. (New York time) on the first Business Day of each month with respect to any Interest Period of one (1) month's duration or two (2) Business Days prior to the commencement of any Interest Period of two (2), three (3) or six (6) months' duration, in each case in amounts substantially equal to the principal amount of the Eurodollar Rate Loans requested by and available to such Borrower in accordance with this Agreement, with a maturity of comparable duration to the Interest Period selected by a Borrower. View More Arrow
Eurodollar Rate. Means the variable rate announced by Webster Bank from day to day as its EURODOLLAR Rate, which rate shall be based upon the thirty (30) day London Interbank Offered Rate for the offering by the Bank to prime commercial banks in the inter-bank Eurodollar market of dollar deposits. Such EURODOLLAR Rate shall be increased by the maximum marginal reserve percentage, if any, as prescribed by the Board of Governors of the Federal Reserve System for determining the reserve requirement for the Bank... for Eurodollar deposits having a maturity equal to one month. Any change in the interest rate under this Note resulting from a change in the EURODOLLAR Rate shall become effective immediately upon the date on which such change in the EURODOLLAR Rate shall be adopted by the Bank. View More Arrow
Eurodollar Rate. Means Eurodollar Rate, Eurocurrency Rate, LIBOR, Adjusted LIBOR Rate, LIBOR Rate or any similar or analogous definition in the Credit Agreement.
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