Libor Rate
Libor Rate. A per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United States would be offered to Bank, outside of the United States, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtor's interest rate selection, plus Bank's costs, including the cost, if any, of reserve requirements.
Found in
ResMed contract
Libor Rate. The one month London Interbank Offered Rate (LIBOR) as reported on Bloomberg Financial Market's terminal screen entitled "Official BBA LIBOR Fixings" as reported on the first day of each month (or, if such day is not a Business Day, on the immediately prior Business Day), unless such rate is no longer available or published, in which case such rate shall be at a comparable index rate selected by the Lender with notice to the Borrowers. The Lender shall determine the applicable interest rate...
View More
Found in
DULUTH HOLDINGS INC. contract
Libor Rate. Shall mean, with respect to a LIBOR Loan, for any Interest Period, the rate obtained on the Reuters Screen LIBOR01 Page as being the rate at which deposits in immediately available U.S. dollars having a maturity equal to approximately one (1) month are offered to or by reference banks in the London interbank market, as determined by the Lender at the opening of business on the Business Day which is two (2) Business Days preceding the last day of the previous Interest Period
Libor Rate. Shall mean, as selected by Borrower, for each LIBOR Rate Loan and/or as otherwise applicable, in accordance with the terms of this Note, the greater of one of the following rates: (i) 5.0 percentage point(s) above the one-month LIBOR, each with an Interest Period duration of one day; or (ii) the Interest Rate Floor.
Found in
HARDINGE INC contract
Libor Rate. The rate per annum equal to: 3.50 percentage point(s) above one-month LIBOR, adjusting daily.
Found in
HARDINGE INC contract
Libor Rate. As selected by Borrower for each LIBOR Rate Loan and/or as otherwise applicable, in accordance with the terms of this Note, the greater of (a) the Applicable Margin (LIBOR Margin) above the one-month, two-month, three-month or six-month LIBOR (as selected by the Borrower for each LIBOR Rate Loan), each with an Interest Period of equal duration.
Found in
HARDINGE INC contract
Libor Rate. For each Interest Period shall mean the offered rate for deposits in United States dollars in the London Interbank market for a one month period that appears on the Libor Rate Reference Page (as defined herein) as of 11:00 a.m. (London time) on the day that is two London Banking Days (as defined herein) preceding the first calendar day of the Interest Period (as such rate may be adjusted from time to time in the Lender's sole discretion for reserve requirements, deposit insurance assessment...
View More
Found in
FIRST ADVANTAGE CORP contract
Libor Rate. A per annum interest rate equal to the Applicable Libor Margin plus LIBOR with an Interest Period selected by the Borrower.
Found in
DONEGAL GROUP INC contract
Libor Rate. Relative to any Interest Period for a LIBOR Rate Loan, the offered rate for deposits of U.S. Dollars in an amount approximately equal to the amount of the LIBOR Rate Loan for a term coextensive with the Interest Period which the British Bankers' Association fixes as its LIBOR rate as of 11:00 a.m. London time on the day which is two London Banking Days prior to the beginning of such Interest Period
Libor Rate. Shall mean, for each LIBOR Rate Loan and/or as otherwise applicable, in accordance with the terms of this Note: the greater of (a) three and one-half percentage points (3.5%) above the one-month, three-month or six-month LIBOR (as selected by the Borrower for each LIBOR Rate Loan), each with an Interest Period of equal duration, or (b) the Interest Rate Floor.
All Definitions
Found in
GTJ REIT, INC. contract