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 after the initial Interest Determination Date and for so long as any LIBOR Certificates (including for this purpose any Exchangeable Certificates with a Class Principal Balance or Notional Amount, as applicable, that is greater than zero) are outstanding, the 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 LIBOR01 as of 11:00 a.m. London time on each related LIBOR Determination Date (or on such other page as may replace that page on that service for the purpose of displaying comparable rates or prices).