Common use of DETERMINATION OF THE LIBOR RATE Clause in Contracts

DETERMINATION OF THE LIBOR RATE. On each LIBOR Rate Adjustment Date, LIBOR shall be established by the Indenture Trustee and as to any Accrual Period, LIBOR will equal the rate for United States dollar deposits for one month which appears on the Dow Jones Telerate Screen Page 3750 as of 11:00 A M , London time, on thax XXXOR rate adjustment date. Dow Jones

Appears in 3 contracts

Samples: Deutsche Alt-a Securities Inc, Cendant Mortgage Capital LLC, Deutsche Mortgage Securities Inc

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DETERMINATION OF THE LIBOR RATE. On each LIBOR Rate Adjustment Date, LIBOR shall be established by the Indenture Trustee and as to any Accrual Period, LIBOR will equal the rate for United States dollar deposits for one month which appears on the Dow Jones Telerate Screen Page 3750 as of 11:00 A M , London time, on thax XXXOR that XXXXR rate adjustment date. Dow Jones

Appears in 1 contract

Samples: Nomura Asset Acceptance Corp

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