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.

Appears in 7 contracts

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-2)

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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 Lease Asset: A Lease Asset with respect to which any of the following has first occurred during a Monthly Period:

Appears in 5 contracts

Samples: Administration Agreement (Ally Auto Assets LLC), Administration Agreement (Ally Auto Assets LLC), Administration Agreement (Ally Auto Assets LLC)

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.]

Appears in 1 contract

Samples: Servicing Agreement (Ally Auto Assets LLC)

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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.

Appears in 1 contract

Samples: Trust Sale and Administration Agreement (Capital Auto Receivables LLC)

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