LIBOR Certificate Sample Clauses
A LIBOR Certificate clause establishes the process by which a lender certifies the applicable London Interbank Offered Rate (LIBOR) for a loan or financial agreement. Typically, this clause allows the lender to provide a written statement or certificate specifying the LIBOR rate used to calculate interest for a given period, which is then deemed conclusive and binding for the parties involved. This mechanism ensures clarity and efficiency in determining interest rates, reducing disputes over rate calculations and providing a standardized reference point for both parties.
LIBOR Certificate. Any Class 1-A1, Class 1-A2, Class 4-A3, Class 4-A4, Class 4-A6 or Class 4-A7 Certificate. LIBOR Component: None.
LIBOR Certificate. Any Class 1-A1, Class 1-A2, Class 1-A3, Class 2-A1, Class 2-A2, Class 2-A3, Class 3A, Class M1, Class M2, Class M3, Class M4, Class M5 and Class M6 Certificate.
LIBOR Certificate. Not applicable.
LIBOR Certificate. None. -----------------
LIBOR Certificate. None. LIBOR Component: None.
LIBOR Certificate. Not applicable. LIBOR Component: Not applicable.
LIBOR Certificate. Any Offered Certificate.
LIBOR Certificate. Any Offered Certificate (other than the Grantor Trust Certificates) and (ii) any Underlying Interest.
LIBOR Certificate. Any Group 1 Certificate and, the Class WF-1-1 and Class WF-1-2 Certificates.