LIBOR Margin definition

LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).
LIBOR Margin means, with respect to each Floating Rate LIBOR Loan made on the same Loan Closing Date, the interest margin over LIBOR (denominated in basis points), announced by ▇▇▇▇▇▇ in advance of such Loan Closing Date and set forth in the TALF Standing Loan Facility Procedures, applicable to Floating Rate LIBOR Loans to be made under TALF on such Loan Closing Date. Loan means a loan made by Lender to a Borrower, through its Applicable Primary Dealer, pursuant to this Agreement.
LIBOR Margin means the applicable percent per annum determined in accordance with Subsection 1.2(B).

Examples of LIBOR Margin in a sentence

  • If the Borrower is required to pay any outstanding LIBOR Loans or LIBOR Margin Loans by reason of this Section prior to the end of the applicable Interest Period therefor, the Borrower shall pay all amounts due under Section 4.4.

  • The Agent shall promptly (and in any event not later than 12:00 noon (x) on the proposed date of borrowing of Absolute Rate Loans and (y) on the date three Business Days prior to the proposed date of borrowing of LIBOR Margin Loans) notify each Lender whose Bid Rate Quote has been accepted and the amount and rate thereof.

  • A commission fee equal to the LIBOR Margin multiplied by the face amount of the letter of credit (computed on the basis of a year of 360 days and actual days elapsed), which fee shall be payable quarterly in arrears on the 20th of each calendar quarter following issuance of the letter of credit, and on the last day of the term of the Commitment.

  • A commission fee equal to the LIBOR Margin multiplied by the face amount of the letter of credit (computed on the basis of a year of 360 days and actual days elapsed), which fee shall be payable quarterly in arrears on the 20th of each calendar quarter following issuance of the Letter of Credit, and on the last day of the term of the Commitment.

  • If there is any change in the Applicable LIBOR Margin during any quarter, the daily maximum amount of each Revolving Letter of Credit shall be computed and multiplied by the Applicable LIBOR Margin separately for each period during such quarter that such Applicable LIBOR Margin was in effect.


More Definitions of LIBOR Margin

LIBOR Margin shall have the meaning set forth in the Mezzanine Note.
LIBOR Margin shall have the meaning set forth in the Note.
LIBOR Margin means the per annum interest rate margin from time to time in effect and payable with respect to LIBOR Loans, as determined in accordance with the definition of Applicable Margin.
LIBOR Margin in Section 1 of the Credit Agreement is hereby amended in its entirety to read as follows:
LIBOR Margin has the meaning assigned to such term in the definition of Applicable Margin.
LIBOR Margin. As determined from the definition of Applicable Margin.
LIBOR Margin means the number of basis points determined in accordance with Schedule II.