Common use of DETERMINATION OF NOTE INTEREST RATE Clause in Contracts

DETERMINATION OF NOTE INTEREST RATE. On each Interest Determination Date the Indenture Trustee shall determine One-Month LIBOR, Six-Month LIBOR and One-Year LIBOR and the related Note Interest Rate for each Class of Notes for the following Accrual Period and shall make such information available to the Issuer, the Master Servicer, and the Depositor. The establishment of One-Month LIBOR, Six-Month LIBOR and One-Year LIBOR on each Interest Determination Date by the Indenture Trustee and the Indenture Trustee's calculation of the rate of interest applicable to each Class of Notes for the related Accrual Period shall (in the absence of manifest error) be final and binding.

DETERMINATION OF NOTE INTEREST RATE. On each Interest Determination Date the Indenture Trustee Securities Administrator shall determine One-Month LIBOR, LIBOR and Six-Month LIBOR and One-Year LIBOR and the related Note Interest Rate for each Class of related Notes for the following Accrual Period and shall make such information available pursuant to Section 7.05 hereof to the Indenture Trustee, the Issuer, the Master Servicer, RMBS Servicer and the Depositor. The establishment of One-Month LIBOR, LIBOR and Six-Month LIBOR and One-Year LIBOR on each Interest Determination Date by the Indenture Trustee Securities Administrator and the Indenture Trustee's Securities Administrator’s calculation of the rate of interest applicable to each Class of applicable Notes for the related Accrual Period shall (in the absence of manifest error) be final and binding.

DETERMINATION OF NOTE INTEREST RATE. On each Interest Determination Date the Indenture Trustee shall determine One-Month LIBOR, Six-Month LIBOR and One-Year LIBOR and the related Note Interest Rate for each Class of Notes for the following Accrual Period and shall make such information available to the Issuer, the Master Servicer, and the Depositor. The establishment of One-Month LIBOR, Six-Month LIBOR and One-Year LIBOR on each Interest Determination Date by the Indenture Trustee and the Indenture Trustee's ’s calculation of the rate of interest applicable to each Class of Notes for the related Accrual Period shall (in the absence of manifest error) be final and binding.