LIBOR Floating Rate Certificates definition

LIBOR Floating Rate Certificates. The Class 38-SA, Class 38-SB, Class 38-SC, Class 38-SD, Class 38-SE and Class 38-ST Certificates. New York Presenting Agent: State Street Bank and Trust Company, N.A., with its offices at 00 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or such other office within the Borough of Manhattan, City of New York, State of New York, as Xxxxxx Xxx may appoint by notice to the Trustee.
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LIBOR Floating Rate Certificates. All Classes of Floating Rate Certificates other than the Classes of Prime Rate Floating Rate Certificates.
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LIBOR Floating Rate Certificates. All Classes of Floating Rate Certificates. Lower Tier Distribution Amount: As to any calendar month, the sum of:
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Examples of LIBOR Floating Rate Certificates in a sentence

  • In determining LIBOR, any Certificate Interest Rate for the LIBOR Floating Rate Certificates or any Reserve Interest Rate, Xxxxxx Mae or the Paying Agent may conclusively rely and shall be protected in relying upon the offered quotations (whether written, oral or on the Reuters screen) from the Reference Banks or the New York City banks as to LIBOR or the Reserve Interest Rate, as appropriate, in effect from time to time.

  • Until all of the LIBOR Floating Rate Certificates are paid in full, Xxxxxx Mae will at all times retain at least four Reference Banks for the purpose of determining LIBOR with respect to each Interest Determination Date.

  • The establishment of LIBOR and each Certificate Interest Rate for the LIBOR Floating Rate Certificates by Xxxxxx Mae or the Paying Agent shall (in the absence of manifest error) be final, conclusive and binding upon each Holder of a Certificate and Xxxxxx Xxx and any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns.

  • The Certificate Interest Rate on the LIBOR Floating Rate Certificates for each Interest Accrual Period after the initial Interest Accrual Period shall be determined by Xxxxxx Mae or the Paying Agent on the Interest Determination Date in September 1996 and on each Interest Determination Date thereafter so long as any LIBOR Floating Rate Certificates are outstanding on the basis of LIBOR and the applicable formulae appearing in footnote (3) to the table in Section 1.

  • The establishment of LIBOR and each Certificate Interest Rate for the LIBOR Floating Rate Certificates by Xxxxxx Xxx or the Paying Agent shall (in the absence of manifest error) be final, conclusive and binding upon each Holder of a Certificate and Xxxxxx Mae and any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns.

  • In determining LIBOR, any Certificate Interest Rate for the LIBOR Floating Rate Certificates or any Reserve Interest Rate, Xxxxxx Xxx or the Paying Agent may conclusively rely and shall be protected in relying upon the offered quotations (whether written, oral or on the Reuters screen) from the Reference Banks or the New York City banks as to LIBOR or the Reserve Interest Rate, as appropriate, in effect from time to time.

  • By March 2015, eHealth Ontario and the Ministry had already spent about $50 million on the project, for purposes such as preparing procurement docu- ments and defining foundational planning and system requirements.

  • The Certificate Interest Rates on the LIBOR Floating Rate Certificates for each Interest Accrual Period after the initial Interest Accrual Period shall be determined by Xxxxxx Xxx or the Paying Agent on the Interest Determination Date in June, 1996 and on each Interest Determination Date thereafter so long as any LIBOR Floating Rate Certificates are outstanding on the basis of LIBOR and the applicable formulae appearing in footnote (2) to the table in Section 1.

  • We will fulfill this commitment while upholding the highest level of ethical conduct and meeting our responsibilities as good corporate citizens.

  • The Certificate Interest Rates on the LIBOR Floating Rate Certificates for each Interest Accrual Period after the initial Interest Accrual Period shall be determined by Xxxxxx Xxx or the Paying Agent on the Interest Determination Date in January 1997 and on each Interest Determination Date thereafter so long as any LIBOR Floating Rate Certificates are outstanding on the basis of LIBOR and the applicable formulae appearing in footnote (1) to the table in Section 1.

Related to LIBOR Floating Rate Certificates

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Floating Rate Certificate A Certificate that provides for the payment of interest at a Floating Pass-Through Rate determined periodically by reference to a formula specified in the related Supplement.

  • Fixed Rate Certificates As specified in the Preliminary Statement.

  • Adjustable Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Fixed Rate Certificate A Certificate that provides for a payment of interest at a Fixed Pass-Through Rate.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • LIBOR Certificates As specified in the Preliminary Statement.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

  • 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.

  • Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.

  • Eurodollar Interest Period means, for any Eurodollar-based Advance, an Interest Period of one, two or three months (or any shorter or longer periods agreed to in advance by the Borrower, Agent and the Lenders) as selected by Borrower, for such Eurodollar-based Advance pursuant to Section 2.3 or 4.4 hereof, as the case may be.

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Certificate Rate means 0.00% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • LIBOR Interest Period means, as to any advance to which the LIBOR Option applies, the period of one (1), two (2), three (3) or six (6) months as selected by the Borrower in its notice of borrowing or notice of conversion, as the case may be, commencing on the date of disbursement of an advance (or the date of conversion of an advance to the LIBOR Option, as the case may be) and each successive period selected by the Borrower thereafter; provided that, (i) if a LIBOR Interest Period would end on a day which is not a Business Day, it shall end on the next succeeding Business Day unless such day falls in the next succeeding calendar month in which case the LIBOR Interest Period shall end on the next preceding Business Day, (ii) the Borrower may not select a LIBOR Interest Period that would end on a day after the Expiration Date, and (iii) any LIBOR Interest Period that begins on the last Business Day of a calendar month (or a day for which there is no numerically corresponding day in the last calendar month of such LIBOR Interest Period) shall end on the last Business Day of the last calendar month of such LIBOR Interest Period.

  • Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.