Common use of Libo Rate Determination Clause in Contracts

Libo Rate Determination. (a) Methods to Determine LIBO Rate. Chase, as Administrative Agent, shall determine the LIBO Rate by using the methods described in the definition of the term "LIBO Rate", and shall give prompt notice to the Borrower and Lenders of each such LIBO Rate.

Libo Rate Determination. (a) Methods to Determine LIBO Rate. ChaseJPMCB, as Administrative Agent, shall determine the LIBO Rate by using the methods described in the definition of the term "“LIBO Rate", ,” and shall give prompt notice to the Borrower and Lenders of each such LIBO Rate.