definiens: shall mean either ( i ) the investments in the JPMorgan Chase Bank, N.A. at an average thirty ( 30 ) day LillOR rate less thirty - five ( 35 ) basis points or ( ii ) subject to Section 2 of this Agreement, such other investments as Company or Assignee, as applicable, may select from time to time, in each case together with all interest and other earnings thereon . As used herein shall mean the following : ( a ) the London futerbank Offered Rate per annum equal to the rate determined by the Financial fustitution to be the offered rate for one month that appears on the Bloomberg Page BBA LIBOR USD 1 Month that displays an average British Bankers Association futerest Settlement Rate for deposits in Dollars, determined as of approximately 11 : 00 a.m. ( London time ) each day ; or ( b ) if the rate referenced in the preceding clause ( a ) does not appear on such page or service or such page or service shall not be available, the rate per annum equal to the rate determined by the Financial Institution to be the offered rate for one month on such other page or other service that displays an average British Bankers Association futerest Settlement Rate · for deposits in Dollars, determined as of approximately 11 : 00 a.m. ( London time ) each day