LIBOR Certificate definition

LIBOR Certificate. Any Class A1, Class A2, Class A3, Class A4, Class A5, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9, Class B1 or Class B2 Certificate.

LIBOR Certificate. Any Class A-1, Class A-2, Class B-1, Class B-2 and Class B-3 Certificate.

LIBOR Certificate. Any Class A, Class M1, Class M2 and Class B Certificate.

Examples of LIBOR Certificate in a sentence

• Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.

• Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period.

• Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days elapsed in each Accrual Period.

• Thus, each LIBOR Certificate shall be treated as representing ownership of not only REMIC Regular Interests, but also ownership of an interest in interest rate cap contracts or a separate contractual right.

• Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period.

More Definitions of LIBOR Certificate

LIBOR Certificate. Any Class 1-A1 or Class 1-A2 Certificate.

LIBOR Certificate. Not applicable.

LIBOR Certificate. None. LIBOR Component: None.

LIBOR Certificate. Any Certificate (or Component) whose Certificate Interest Rate adjusts on the basis of LIBOR. LIBOR Component: None.

LIBOR Certificate. Each of the Class M Certificates.

LIBOR Certificate. Any Class 2-A2, Class 2-A3, Class 3-A1 and Class 3-A2 Certificates. LIBOR Component: None.

LIBOR Certificate. Any Class B1-I or Class B2-I Certificate.