Common use of Notification of LIBOR Clause in Contracts

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. On each Class A-4 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.