Note Interest Rate and Initial Note Balance Sample Clauses

Note Interest Rate and Initial Note Balance. The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Series 2014-2 Notes for original issue in the following Classes, each having the Note Interest Rates and initial Note Balances specified below. Class Note Interest Rate Initial Note Balance Class A Notes One-month LIBOR + 0.50%% $ 400,000,000 Class B Notes 2.31% $ 18,301,000 Class C Notes 2.46% $ 26,144,000 Class D Notes 2.91% $ 15,686,000
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Note Interest Rate and Initial Note Balance. The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Series 20__-_ Notes for original issue in the following Classes, each having the Note Interest Rates and initial Note Balances specified below. The Series 20__-_ Notes will be payable on the Series 20__-_ Final Maturity Date.
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Note Interest Rate and Initial Note Balance. The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Series 2011-2 Notes for original issue in the following Classes, each having the Note Interest Rates and initial Note Balances specified below. The Series 2011-2 Notes will be payable on the Series 2011-2 Final Maturity Date. Class Note Interest Rate Initial Note Balance Class A-1 Notes 1.32 % $ 150,000,000 Class A-2 Notes One-month LIBOR + 0.60 % $ 800,000,000 Class B Notes 1.87 % $ 43,464,000 Class C Notes 2.37 % $ 62,092,000 Class D Notes 2.86 % $ 37,255,000 (c) Sharing Groups. Series 2011-2 will be in Excess Interest Sharing Group One and in Principal Sharing Group One.
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Note Interest Rate and Initial Note Balance. The Indenture Trustee will, on Issuer Order, authenticate and deliver the Series 20 - Notes for original issue in the following Classes, each having the Note Interest Rates and initial Note Balances stated below. Class Note Interest Rate Initial Note Balance Class A[-1] Notes [One-month LIBOR +] % $ [Class A-2 Notes] [One-month LIBOR +] % $ Class B Notes [One-month LIBOR +] % $ Class C Notes [One-month LIBOR +] % $ Class D Notes [One-month LIBOR +] % $
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Note Interest Rate and Initial Note Balance. The Indenture Trustee will, upon Issuer Order, authenticate and deliver the Series 2012-1 Notes for original issue in the following Classes, each having the Note Interest Rates and initial Note Balances specified below. The Series 2012-1 Notes will be payable on the Series 2012-1 Final Maturity Date. Class Note Interest Rate Initial Note Balance Class A Notes One-month LIBOR + 0.47% $ 1,350,000,000 Class B Notes One-month LIBOR + 0.90% $ 61,765,000 Class C Notes One-month LIBOR + 1.50% $ 88,235,000 Class D Notes One-month LIBOR + 2.10% $ 52,941,000
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Related to Note Interest Rate and Initial Note Balance

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,493,405.52.

  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts (a) The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of such Note. Accrued interest on the Notes shall be computed on the basis of a 360-day year composed of twelve 30-day months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

  • Certificates Issuable in Classes; Distributions of Principal and Interest; Authorized Denominations The aggregate principal amount of the Certificates that may be authenticated and delivered under this Agreement is limited to the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date, as specified in the Preliminary Statement to this Agreement, except for Certificates authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Certificates pursuant to Section 5.03. Such aggregate principal amount shall be allocated among one or more Classes having designations, types of interests, initial per annum Certificate Interest Rates, initial Class Principal Balances and Final Maturity Dates as specified in the Preliminary Statement to this Agreement. The aggregate Percentage Interest of each Class of Certificates of which the Class Principal Balance equals zero as of the Cut-Off Date that may be authenticated and delivered under this Agreement is limited to 100%. Certificates shall be issued in Authorized Denominations.

  • ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE The Original Class A Non-PO Principal Balance is $170,009,500.00.

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Class B Notes On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2015-3 Collection Account pursuant to Section 3.5(a) or amounts are deposited in the Series 2015-3 Distribution Account pursuant to Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series 2015-3 Distribution Account the amount deposited therein pursuant to Section 3.5(a), (c) and/or (d) less the aggregate amount applied to make payments required pursuant to Section 3.5(e)(i), to the extent necessary to pay the Class B Controlled Distribution Amount with respect to Related Month during the Class B Controlled Amortization Period or to the extent necessary to pay the Class B Invested Amount during the Series 2015-3 Rapid Amortization Period.

  • Class A Notes On each Distribution Date occurring on or after the date a withdrawal is made from the Series 2020-1 Collection Account pursuant to Section 2.5(a) or amounts are deposited in the Series 2020-1 Distribution Account pursuant to Section 2.5(b), (c) or (d) the Paying Agent shall, in accordance with Section 6.1 of the Base Indenture, pay pro rata to each Class A Noteholder from the Series 2020-1 Distribution Account the amount deposited therein pursuant to Section 2.5(a), (b), (c) or (d), to the extent necessary to pay the Class A Controlled Distribution Amount during the Series 2020-1 Controlled Amortization Period or to the extent necessary to pay the Class A Invested Amount during the Series 2020-1 Rapid Amortization Period.

  • Interest and Interest Rate (a) The Designated Securities will bear interest from April [•], 2010 or from the most recent date through which the Issuer has paid or provided for interest on the Designated Securities at an annual rate of 3.729%.

  • REMIC Certificate Maturity Date Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC is October 25, 2035.

  • Date and Denomination of Notes; Payments of Interest The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months.

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