Common use of Calculation of the Note Rate Clause in Contracts

Calculation of the Note Rate. On each Adjustment Date, the Indenture Trustee shall determine LIBOR for the related Interest Period 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 for each Class of Notes for the related Payment Date.

Appears in 10 contracts

Samples: Indenture (CWABS Revolving Home Equity Loan Trust, Series 2004-J), Indenture (CWABS Revolving Home Equity Loan Trust, Series 2004-K), Indenture (CWABS Revolving Home Equity Loan Trust, Series 2004-N)

AutoNDA by SimpleDocs

Calculation of the Note Rate. On each Adjustment Date, the Indenture Trustee shall determine LIBOR for the related Interest Period 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 for each Class and Component of Interest Bearing Notes for the related Payment Date.

Appears in 4 contracts

Samples: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2006-B), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2005-K), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2005-J)

Calculation of the Note Rate. On each Adjustment Date, the Indenture Trustee shall determine LIBOR for the related Interest Period 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 for each Class of Interest Bearing Notes for the related Payment Date.

Appears in 3 contracts

Samples: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2006-A), Indenture (CWHEQ, Inc.), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2005-L)

Calculation of the Note Rate. On each Adjustment Date, the Indenture Trustee shall determine LIBOR for the related Interest Period 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 for each Class of Interest Bearing Notes for the related Payment Date.

Appears in 2 contracts

Samples: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D)

AutoNDA by SimpleDocs

Calculation of the Note Rate. On each Adjustment Date, the Indenture Trustee shall determine LIBOR for the related Interest Period 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 for each Class of Notes for the related Payment Date.

Appears in 2 contracts

Samples: Indenture (Cwabs Inc Revolving Home Equity Loan Notes Series 2004-C), Indenture (Cwabs Inc Revolving Home Eq Ln Asst Back NTS Ser 2004-A)

Calculation of the Note Rate. On each Adjustment Date, the Indenture Trustee shall determine LIBOR for the related Interest Period 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 for of each Class of Notes for the related Payment Date.

Appears in 1 contract

Samples: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!