Calculation of LIBOR. Until the Principal Balance of each Class of the Notes has been reduced to zero, the Administrator shall establish LIBOR on each LIBOR Determination Date as follows:
Appears in 9 contracts
Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Corp I), Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-1), Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-2)
Calculation of LIBOR. Until the Principal Balance of each Class of the Notes has been reduced to zero, the Administrator Indenture Trustee shall establish LIBOR on each LIBOR Determination Date as follows:
Appears in 6 contracts
Samples: Sale and Servicing Agreement (Household Mortgage Loan Trust 2003-Hc1), Sale and Servicing Agreement (Household Mortgage Loan Trust 2003-Hc2), Sale and Servicing Agreement (Household Mortgage Loan Trust 2002 Hc1)
Calculation of LIBOR. Until the Principal Balance of each Class of the Notes has been reduced to zero, the Administrator Indenture Trustee shall establish LIBOR on each LIBOR Determination Date as follows:
Appears in 3 contracts
Samples: Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002-2), Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002-3), Sale and Servicing Agreement (HFC Revolving Corp Household Home Equity Loan Trust 2002 4)
