Common use of Notification of LIBOR Clause in Contracts

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.