Common use of LIBOR Margin Clause in Contracts

LIBOR Margin. The LIBOR Rate shall be rounded to the next higher multiple of 1/16th of one percent if the rate is not such a multiple.

Appears in 7 contracts

Sources: Credit Agreement (Southwest Royalties Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

LIBOR Margin. The LIBOR Rate shall be rounded to the next higher multiple of 1/16th 1/100th of one percent if the rate is not such a multiple.

Appears in 3 contracts

Sources: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Range Resources Corp)