Common use of Determination of One-Month LIBOR Clause in Contracts

Determination of One-Month LIBOR. (a) The Class A-1 Certificates will be entitled to receive on each Distribution Date interest distributions at the Pass-Through Rate for such Class as specified in Section 3 hereof. (b) With respect to the Class A-1 Certificates, One-Month LIBOR shall be determined as follows:

Appears in 13 contracts

Samples: Pooling and Servicing Agreement (Oakwood Mortgage Investors Inc Omi Trust 2000-D), Pooling and Servicing Agreement (Oakwood Mortgage Investors Inc), Pooling and Servicing Agreement (Oakwood Mortgage Investors Inc)

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Determination of One-Month LIBOR. (a) The Class A-1 B-1 Certificates will be entitled to receive on each Distribution Date interest distributions at the Pass-Through Rate for such Class as specified in Section 3 hereof. (b) With respect to the Class A-1 B-1 Certificates, One-Month LIBOR shall be determined as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Oakwood Mortgage Investors Inc)

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Determination of One-Month LIBOR. (a) The Class A-1 ARM Certificates will be entitled to receive on each Distribution Date interest distributions at the Pass-Through Rate for such Class as specified in Section 3 hereof. (b) With respect to the Class A-1 ARM Certificates, One-Month LIBOR shall be determined as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Oakwood Mortgage Investors Inc)

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