Common use of LIBOR Business Day Clause in Contracts

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(i) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged off.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(ii) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely unlikely, or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged offVehicle.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(i) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely unlikely, or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged off.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. .] Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(iA) (i) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely unlikely, or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged off.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. .] Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(iA) (i) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely unlikely, or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged charged-off.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. .] Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(ii) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely unlikely, or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged offVehicle.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(iA) (i) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged off.

LIBOR Business Day. Any day other than a Saturday, Sunday or any other day on which banks in London are required or authorized to be closed. .] Lien: Any security interest, lien, charge, pledge, equity, encumbrance or adverse claim of any kind other than tax liens, mechanics’ liens and any liens that attach by operation of law. Liquidating Receivable: A Receivable as to which the Servicer (A)(iA) (i) has reasonably determined, in accordance with its customary servicing procedures, that eventual payment of amounts owing on such Receivable is unlikely or (ii) has repossessed and disposed of the Financed Vehicle and (B) has charged off.