Notification of LIBOR Sample Clauses

Notification of LIBOR. On each LIBOR Determination Date, the LIBOR Agent shall send to the Issuer, the Beneficiary, each applicable Master Servicer and any stock exchange on which the Class C(2020-4) Notes are then listed (if the rules of such exchange so require), by facsimile transmission or electronic transmission, notification of LIBOR for the following Interest Accrual Period. U.S. Bank National Association is appointed hereunder not in its individual capacity, but solely with respect to calculating the amount of interest to be paid with respect to the Notes, including calculating LIBOR, in the manner and at the times provided herein as LIBOR Agent, and U.S. Bank National Association hereby accepts such appointment. The rights, protections and immunities granted to the Indenture Trustee under the Indenture shall inure to the benefit of the LIBOR Agent acting hereunder; provided, however, that at no time shall the LIBOR Agent be liable for any mistake of fact or law, any error of judgement, or any act or omission to act except as a result of its own negligence, willful misconduct or fraud. The LIBOR Agent shall not have any liability for (i) the selection of London banks or New York banks whose quotations may be requested and used for purposes of calculating LIBOR, or for the failure or unwillingness of any London banks or New York banks to provide a quotation, or (ii) any quotations received from such London banks or New York banks, as applicable. For the avoidance of doubt, if the rate appearing on the Reuters Screen LIBOR01 is unavailable, neither the LIBOR Agent nor the Indenture Trustee shall be under any duty or obligation to take any action other than the LIBOR Agent’s obligation to take the actions expressly set forth in this Agreement. Neither the Indenture Trustee nor the LIBOR Agent shall have any liability for any interest rate published by any publication that is the source for determining the interest rates of the Class C(2020-4) Notes, including but not limited to the Reuters Screen LIBOR01 (or any successor source), or for any rates compiled by the ICE Benchmark Administration or any successor thereto, or for any rates published on any publicly available source, including without limitation the Federal Reserve Bank of New York’s Website, or in any of the foregoing cases for any delay, error or inaccuracy in the publication of any such rates, or for any subsequent correction or adjustment thereto. Other than as expressly set forth in this Agreement, neither th...
Notification of LIBOR. On each LIBOR Determination Date, the Indenture Trustee shall send to the Issuer, the Beneficiary, each applicable Master Servicer and any stock exchange on which the Class A(2011-3) Notes are then listed (if the rules of such exchange so require), by facsimile transmission or electronic transmission, notification of LIBOR for the following Interest Accrual Period.
Notification of LIBOR. Alternative to LIBOR 10 Section 2.05 Payments of Interest and Principal 11 Section 2.06 Form of Delivery of Class A(2018-6) Notes; Depository; Denominations 12
Notification of LIBOR. On each LIBOR Determination Date, the Indenture Trustee shall send to the Issuer, the Beneficiary, each applicable Master Servicer and any stock exchange on which the Class C(2019-1) Notes are then listed (if the rules of such exchange so require), by facsimile transmission or electronic transmission, notification of LIBOR for the following Interest Accrual Period. For the avoidance of doubt: in no event will the Indenture Trustee be responsible for (A) other than set forth in the definition of LIBOR, determining LIBOR or any substitute for LIBOR if such rate does not appear on the Reuters Screen LIBOR01 page or on a comparable system as is customarily used to quote LIBOR or such substitute for LIBOR or (B) making any adjustments to any related provisions and definitions or any other relevant methodology for calculating such substitute for LIBOR.
Notification of LIBOR. On each Interest Determination Date, the Certificate Trustee will notify the Servicer, the Certificate Issuer and the Swap Counterparty of LIBOR for the applicable period as determined by the Certificate Trustee, and the Certificate Issuer will notify the Luxembourg Stock Exchange of that rate to the extent any floating rate certificates are listed on that exchange and the rules of that exchange so require.
Notification of LIBOR. The Facility Agent shall promptly notify the relevant Borrower and the Banks of any determination of LIBOR made by it under this Agreement;
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Notification of LIBOR. 10 Section 2.05 Payments of Interest and Principal............................................................10 Section 2.06 Form of Delivery of Class A(2011-1) Notes; Depository;
Notification of LIBOR. (a) No later than 11:00 a.m. (Charlotte, North Carolina time) on the Business Day following the Lender's receipt of a Borrowing Notice selecting a LIBOR Borrowing given by the Borrower in accordance with the terms and provisions hereof, the Lender, by written, telex or telephone notice, shall advise the Borrower of the Adjusted LIBOR for such LIBOR Borrowing for the LIBOR Interest Period selected in such Borrowing Notice. Such notice shall inform the Borrower whether the Lender or any participants of the Loan are in a reserve position with respect to the requested Borrowing.
Notification of LIBOR. 12 Section 2.05. Payments of Interest and Principal..............................................................................12 Section 2.06. Form of Delivery of Class B(2012-2) Notes; Denominations .....................................12 Section 2.07. Delivery and Payment for the Class B(2012-2) Notes .................................................13 Section 2.08. Targeted Deposits to the Accumulation Reserve Account ...........................................13 Section 2.09. Additional Issuances of Notes ......................................................................................14 Section 2.10. Designation of Additional Amounts to be included in the Excess Spread Amount for the DiscoverSeries Notes ..............................................................................................................14
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