Common use of Determination of LIBOR Clause in Contracts

Determination of LIBOR. On each LIBOR Determination Date for a Class of LIBOR Certificates, the Trust Administrator shall determine LIBOR for the applicable Distribution Date on the basis of the British Bankers’ Association (“BBA”) “

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (MASTR Asset Securitization Trust 2004-6), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2006-2), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2006-2)

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Determination of LIBOR. On each LIBOR Determination Date for a Class of LIBOR Certificates, the Trust Administrator Master Servicer shall determine LIBOR for the applicable Distribution Date on the basis of the British Bankers' Association ("BBA") "

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pass THR Cert Ser 2002-7), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pass THR Cert Ser 2002-4), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pass THR Cert Ser 2002-3)

Determination of LIBOR. On each LIBOR Rate Determination Date for a Class of LIBOR Certificates, the Trust Securities Administrator shall determine LIBOR for the applicable Distribution Date on the basis of the British Bankers' Association ("BBA") "

Appears in 4 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Banc of America Funding 2006-5 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-4 Trust)

Determination of LIBOR. On each LIBOR Rate Determination Date for a Class of LIBOR CertificatesDate, the Trust Administrator shall determine LIBOR for the applicable Distribution Date succeeding LIBOR Based Interest Accrual Period on the basis of the British Bankers' Association ("BBA") "

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Securities Corp Mor Pas THR Cert Ser 1998-6 Tr)

Determination of LIBOR. On each LIBOR Determination Date for a Class of LIBOR Certificates, the Trust Administrator Master Servicer shall determine LIBOR for the applicable Distribution Date on the basis of the British Bankers’ Association (“BBA”) “

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mastr Alt Loan Trust 2004 2)

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Determination of LIBOR. On each LIBOR Determination Date for a Class of LIBOR Certificates, the Trust Administrator Trustee shall determine LIBOR for the applicable Distribution Date on the basis of the British Bankers' Association ("BBA") "

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Master Asset Securitization Trust 2001 1)

Determination of LIBOR. (a) On each LIBOR Determination Date for a Class of LIBOR Senior Certificates (other than the Group 3 Certificates) and Subordinate Certificates, the Trust Administrator shall determine LIBOR for the applicable Distribution Date on the basis of the British Bankers’ Association (“BBA”) “

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2005-8)

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