LIBOR Rate Tranche definition

LIBOR Rate Tranche means a portion of the outstanding Purchase Price on Open Transactions on which the Pricing Rate is determined by reference to the LIBOR Rate plus the applicable LIBOR Margin.
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LIBOR Rate Tranche means the collective reference to LIBOR Loans under a particular Facility with respect to which all then current Interest Periods (i) begin on the same date and (ii) end on the same later date (whether or not such Loans shall originally have been made on the same day).
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LIBOR Rate Tranche means a portion of the Series ▇▇▇▇-▇ ▇▇▇▇▇▇▇▇▇ ------------------- Invested Amount for which the interest is calculated by reference to LIBOR. =====
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Examples of LIBOR Rate Tranche in a sentence

  • The amount of such Indemnified Loss or Expense shall be determined by Bank based upon the assumption that Bank funded 100% of such LIBOR Rate Tranche in the London interbank market.

  • If Borrower has failed to make such election at the end of an Interest Period, the Lenders shall be deemed to have made a Variable Rate Tranche in the amount, and in replacement, of the LIBOR Rate Tranche then maturing.

  • With respect to the LIBOR Rate Tranche, the Interest Period shall be months, with the Effective Date being .

  • Said amount shall be reduced to present value calculated by using the referenced United States Treasury securities rate and the number of days remaining on the Interest Period for the LIBOR Rate Tranche being prepaid.

  • Maker shall indemnify Lender against and reimburse Lender for costs to Lender, as a result of any Regulatory Change, in the maintaining of any LIBOR Rate Tranche as provided in the Credit Agreement.


More Definitions of LIBOR Rate Tranche

LIBOR Rate Tranche means any Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 4.1.1(ii) [LIBOR Rate Option].
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LIBOR Rate Tranche means a Tranche bearing interest at the sum of the LIBOR Rate plus the Applicable Margin.
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LIBOR Rate Tranche means each Tranche which accrues interest at the ------------------ LIBOR Rate in accordance with the terms and conditions of this Agreement.
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LIBOR Rate Tranche means the amount of the outstanding Revolving Loans of the Debtor that constitutes a LIBOR Rate Loan for a specific Interest Period.
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LIBOR Rate Tranche means any Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 4.1.1(ii) [LIBOR Rate Option]. “Lien” shall mean any mortgage, deed of trust, pledge, lien, security interest, charge or other encumbrance or security arrangement of any nature
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LIBOR Rate Tranche means the amount of any Loan of the Borrower that constitutes a LIBOR Rate Loan for a specific Interest Period.
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LIBOR Rate Tranche means any portion of the Line of Credit Advances the rate of interest applicable to which is based upon the LIBOR Rate.
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