LIBOR Floor
LIBOR Floor. Means 2.00% per annum.
Found in
STONEMOR PARTNERS LP contract
LIBOR Floor. Section 5.1 of the Repurchase Agreement is amended by deleting the proviso clause at the end thereof and by substituting in lieu thereof the following: ; provided that, notwithstanding the foregoing, the Pricing Rate will not in any event be less than three and three-quarters percent (3.75%) (or with respect to the portion of the aggregate Purchase Price of Purchased Loans that, as of any date of determination, exceeds $100,000,000, four and one-quarter percent (4.25%).
All Definitions
Found in
D. R. Horton contract