Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zero, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted on the Bloomberg Terminal as of each LIBOR Determination Date.
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Samples: Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Alternative Loan Trust 2007-8cb), Pooling and Servicing Agreement (Cwalt Inc)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zerooutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted on the Bloomberg Terminal as of each LIBOR such Interest Determination Date.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy9), Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy9)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zerooutstanding, the Trustee Securities Administrator will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted found on the Bloomberg Terminal Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date.Determination
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Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest LIBOR Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zerooutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' ’ Association ("“BBA"”) "“Interest Settlement Rate" ” for one-month deposits in U.S. dollars as quoted on the Bloomberg Terminal as of each LIBOR Determination Date.LIBOR
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Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-4)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zerooutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted found on the Bloomberg Terminal Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date.. Interest Settlement Rates currently are based on
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Samples: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zerooutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. United States dollars as quoted on the Bloomberg Terminal as of each LIBOR Determination Date.found on
Appears in 1 contract
Samples: Pooling and Servicing Agreement (BellaVista Funding CORP)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zeroOutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted on the Bloomberg Terminal as of each LIBOR Determination Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CHL Mortgage Pass-Through Trust 2007-J1)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are Outstanding outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate that are LIBOR Certificates have a Class Certificate Balance greater than zero, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted on the Bloomberg Terminal as of each LIBOR Determination Date.'
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-14t2)
Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date for a Class of LIBOR Certificates, so long as any such LIBOR Certificates are Outstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zerooutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as quoted on the Bloomberg Terminal as of each LIBOR Determination Date.in
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