LIBOR 30 Day Index Rate

Example Definitions of "LIBOR 30 Day Index Rate"
LIBOR 30 Day Index Rate. That variable rate per annum determined on the basis of ICE Benchmark Administration (or any other Person that takes over the administration of such rate for U.S. Dollars) or a comparable or successor rate for deposits in U.S. Dollars with a one month term in the London Interbank market for a period equal to such interest rate period commencing on the first day of such interest rate period as displayed on pages LIBOR01 or LIBOR02 of Reuters (or another commercially available service providing... quotations of LIBOR as designated by Lender generally under credit facilities for which its acts as Lender). If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by Lender View More
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