LIBOR FLOATING RATE

LIBOR FLOATING RATE. Means the fluctuating rate of interest equal to the three month London Interbank Offered Rate as published in the "Money Rates" section of THE WALL STREET JOURNAL (or in a successor publication selected by Bank if THE WALL STREET JOURNAL is no longer published) on the immediately preceding Business Day as adjusted from time to time in Bank's sole discretion for then applicable reserve requirements, deposit insurance assessment rates and other regulatory costs.