Common use of Calculation of the Note Rate Clause in Contracts

Calculation of the Note Rate. On the second LIBOR Business Day preceding each Payment Date, the Indenture Trustee shall determine LIBOR for the Interest Period commencing on the Payment Date and inform the Master Servicer (at the facsimile number given to the Indenture Trustee in writing) of the rate. On each Determination Date, the Indenture Trustee shall determine the applicable Note Rate on the related Payment Date.

Calculation of the Note Rate. On With respect to the Notes, on the second LIBOR Business Day immediately preceding each Payment Date, the Indenture Trustee shall determine LIBOR for the Interest Period commencing on the such Payment Date and inform the Master Servicer (at the facsimile number given to the Indenture Trustee in writing) of the ratesuch rates. On or prior to each Determination Payment Date, the Indenture Trustee shall determine the applicable Note Rate on for the related Payment Datefollowing Interest Accrual Period.

Calculation of the Note Rate. On With respect to the Notes, on the second LIBOR Business Day immediately preceding each Payment Date (or as of the second LIBOR Business Day prior to the Closing Date, in the case of the first Payment Date), the Indenture Trustee shall determine LIBOR for the Interest Accrual Period commencing on the such Payment Date and inform the Master Servicer (at the facsimile number given to the Indenture Trustee in writing) of the ratesuch rates. On or prior to each Determination Date, the Indenture Trustee shall determine the applicable Note Rate on for the related Payment Date.

Calculation of the Note Rate. On the second [second] LIBOR Business Day preceding each Payment Date, the Indenture Trustee shall determine LIBOR for the Interest Period commencing on the Payment Date and inform the Master Servicer (at the facsimile number given to the Indenture Trustee in writing) of the rate. On each Determination Date, the Indenture Trustee shall determine the applicable Note Rate on the related Payment Date.

Calculation of the Note Rate. On With respect to the Notes, on the second LIBOR Business Day immediately preceding each Payment Date (or as of the second LIBOR Business Day prior to the Closing Date, in the case of the first Payment Date), the Indenture Trustee shall determine LIBOR for the Interest Period commencing on the such Payment Date and inform the Master Servicer (at the facsimile number given to the Indenture Trustee in writing) of the ratesuch rates. On or prior to each Determination Payment Date, the Indenture Trustee shall determine the applicable Note Rate on for the related Payment Date.