Common use of Determination of Pass-Through Rates for LIBOR Certificates Clause in Contracts

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Page

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (CWMBS Inc), Trust Agreement (Cwalt Inc), Trust Agreement (IndyMac RAST 2004-R2)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstandingOutstanding or any Exchangeable Certificates with a Floating Pass-Through Rate have a Class Certificate Balance greater than zero, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found quoted on Telerate page 3750 the Bloomberg Terminal as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Page.

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Alternative Loan Trust 2007-8cb)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found quoted on Telerate page 3750 the Bloomberg Terminal as of 11:00 a.m. London time on each LIBOR such Interest Determination Date. "Telerate Page.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy9), Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy9)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. United States dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Pageon

Appears in 1 contract

Sources: Pooling and Servicing Agreement (BellaVista Funding CORP)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate PageInterest Settlement Rates currently are based on

Appears in 1 contract

Sources: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstandingOutstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found quoted on Telerate page 3750 the Bloomberg Terminal as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Page.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (CHL Mortgage Pass-Through Trust 2007-J1)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest LIBOR Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found quoted on Telerate page 3750 the Bloomberg Terminal as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate PageLIBOR

Appears in 1 contract

Sources: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-4)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee Securities Administrator will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate PageDetermination

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date for a Class of LIBOR Certificates, so long as any such LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Pagein

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Cwalt Inc)

Determination of Pass-Through Rates for LIBOR Certificates. (a) On each Interest Determination Date so long as any LIBOR Certificates are outstandingoutstanding or any Exchangeable Certificates that are LIBOR Certificates have a Class Certificate Balance greater than zero, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Page'

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Alternative Loan Trust 2007-14t2)