Class A-2 Note Rate definition

Class A-2 Note Rate. With respect to any Payment Date, the per annum rate equal to the lesser of (i) the Class A-2 Formula Note Rate and (ii) the Class A-2 Net WAC Cap Rate for such Payment Date.

Class A-2 Note Rate means, for (i) the initial Series 2004-2 Interest Period, 1.21375% per annum and (ii) any other Series 2004-2 Interest Period, the sum of 0.12% plus LIBOR for such Series 2004-2 Interest Period.

Class A-2 Note Rate means 5.29% per annum.

Examples of Class A-2 Note Rate in a sentence

• To the extent any interest accruing at the applicable Series 2022-1 Class A-2 Note Rate is not paid when due, such unpaid interest will accrue interest at the Series 2022-1 Class A-2 Note Rate.

• All computations of interest at the Series 2022-1 Class A-2 Note Rate shall be made on a 30/360 Day Basis.

• Specific GoalsPreference PointsBlack Ownership10Reconstruction and Development Programme (RDP) Goals3Exempted Micro Enterprise 10 3.3 Total preference points per specific goal to be determined per tender.

• Also should customers be informed by phone when the campaign advice is finished.The poor implementation of campaigns by the customer might be caused by an unclear implementation checker (tool) or implementation documentation.

• To the extent any interest accruing at the applicable Series 2021-1 Class A-2 Note Rate is not paid when due, such unpaid interest will accrue interest at the Series 2021-1 Class A-2 Note Rate.

More Definitions of Class A-2 Note Rate

Class A-2 Note Rate means, with respect to any Quarterly Payment Date and the related Quarterly Interest Period, the interest rate per annum (computed on the basis of the actual number of days in such Quarterly Interest Period over a year of 360 days) equal to Three-Month LIBOR for the related LIBOR Reset Period plus 0.20%.

Class A-2 Note Rate. For any Distribution Date and the applicable Interest Period, the lesser of (A) in any month up to and including the month in which the Clean-Up Call Date occurs, __% per annum, and ___% thereafter; and (B) the Class A-2 Interest Rate Cap.

Class A-2 Note Rate means a per annum rate equal 1.44%.

Class A-2 Note Rate means, for any Interest Period for the Class A-2 Notes, a per annum rate equal to 0.67% above LIBOR determined on the related LIBOR Determination Date, calculated on the basis of the actual days elapsed and a 360-day year.

Class A-2 Note Rate means 4.93% per annum.

Class A-2 Note Rate. (A) For the first Interest Accrual Period, 5.25%, and (B) for any Interest Accrual Period thereafter, the lesser of the Class A-2 Formula Note Rate and the Class A-2 Maximum Rate.

Class A-2 Note Rate means 6.40% per annum.