LIBOR-Reference Banks Lending Rate

Example Definitions of "LIBOR-Reference Banks Lending Rate"
LIBOR-Reference Banks Lending Rate. Relative to a LIBOR-Reference Banks Rate Loan for any Interest Period, a rate per annum determined pursuant to the following formula: LIBOR-Reference Banks Lending Rate = LIBOR-Reference Banks Rate / (1.00 - LIBOR Reserve Percentage)
Found in DOCUMENT SECURITY SYSTEMS INC contract
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