Weighted Average Certificate Interest Rate Sample Clauses

Weighted Average Certificate Interest Rate. For any Distribution Date, the weighted average of (a) the Certificate Interest Rates on the Class 1A Certificates, the Class CA-1B Group 1 Component and the Class B Certificates (each of which Certificate Interest Rates, in the case of the Class CA-1B Group 1 Component and the Class B Certificates, shall be multiplied by a fraction, the numerator of which is the actual number of days in the related No-Delay Accrual Period and the denominator of which is 30) and (b) if Loan Group 1 is an Overcollateralized Group, the Transfer Rate (such rates weighted, (i) in the case of the Certificate Interest Rate on the Class 1A Certificates and the Class CA-1B Group 1 Component, according to the Class Principal Balance or Component Principal Balance thereof, as applicable, (ii) in the case of the Certificate Interest Rate on each Class of Class B Certificates, according to a fraction, the numerator of which is the product of the Class Principal Balance thereof and the Subordinate Component Balance for Loan Group 1 and the denominator of which is the aggregate Class Principal Balance of the Class B Certificates and (iii) in the case of the Transfer Rate, if applicable, according to the Overcollateralization Amount for Loan Group 1).
Sample 1
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Weighted Average Certificate Interest Rate. For any Distribution Date, the weighted average of (a) the Certificate Interest Rates on the Class 1A and Class 1A-1B Certificates, the Class CA-1C Group 1 Component and the Class B Certificates (each of which Certificate Interest Rates shall be multiplied by a fraction, the numerator of which is the actual number of days in the related No-Delay Accrual Period and the denominator of which is 30) and
Sample 1
Weighted Average Certificate Interest Rate. For any Distribution Date, the weighted average (weighted according to Class Principal Balance or Component Principal Balance, as applicable) of the Certificate Interest Rates on the Class 3A, Class 4A-1, Class 4A-2, Class 4A-B, Class 5A, Class DA-1B, Class DA-1C, Class EX-PPP, Class FX, Class 5X-PPP and Group M-B Certificates (or Components thereof, as applicable) (each of which Certificate Interest Rates, in the case of the Class DA-1B, Class DA-1C and Group M-B Certificates, shall be multiplied by a fraction, the numerator of which is the actual number of days in the related No-Delay Accrual Period and the denominator of which is 30).
Sample 1
Weighted Average Certificate Interest Rate. For any Distribution Date, the weighted average of (a) the Certificate Interest Rates on the Class 1A, Class 1A-1B1, Class 1A- 1B2, Class 1A-1B3, Class 1A-1B4 and Class B Certificates (each of which Certificate Interest Rates, in the case of the Class 1A-1B1, Class 1A-1B2, Class 1A-1B3 and Class 1A-1B4 and Class B Certificates, shall be multiplied by a fraction, the numerator of which is the actual number of days in the related No-Delay Accrual Period and the denominator of which is 30) and
Sample 1
Weighted Average Certificate Interest Rate. For any Distribution Date, the weighted average of (a) the Certificate Interest Rates on the Class 2A, Class 2A-1B and Class B Certificates (each of which Certificate Interest Rates, in the case of the Class B Certificates, shall be multiplied by a fraction, the numerator of which is the actual number of days in the related No-Delay Accrual Period and the denominator of which is 30) and (b) if Loan Group 2 is an Overcollateralized Group, the Transfer Rate (such rates weighted, (i) in the case of the Certificate Interest Rate on the Class 2A and Class 2A-1B Certificates, according to the Class Principal Balance or Component Principal Balance thereof, as applicable, (ii) in the case of the Certificate Interest Rate on each Class of Class B Certificates, according to a fraction, the numerator of which is the product of the Class Principal Balance thereof and the Subordinate Component Balance for Loan Group 2 and the denominator of which is the aggregate Class Principal Balance of the Class B Certificates and (iii) in the case of the Transfer Rate, if applicable, according to the Overcollateralization Amount for Loan Group 2).
Sample 1

Related to Weighted Average Certificate Interest Rate

  • Applicable Interest Rate 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

  • Applicable Interest Rates (a) U.S.

  • Maximum Interest Rate In no event shall any interest rate provided for hereunder exceed the maximum rate legally chargeable under applicable law with respect to loans of the Type provided for hereunder (the “Maximum Rate”). If, in any month, any interest rate, absent such limitation, would have exceeded the Maximum Rate, then the interest rate for that month shall be the Maximum Rate, and, if in future months, that interest rate would otherwise be less than the Maximum Rate, then that interest rate shall remain at the Maximum Rate until such time as the amount of interest paid hereunder equals the amount of interest which would have been paid if the same had not been limited by the Maximum Rate. In the event that, upon payment in full of the Obligations, the total amount of interest paid or accrued under the terms of this Agreement is less than the total amount of interest which would, but for this Section 3.3, have been paid or accrued if the interest rate otherwise set forth in this Agreement had at all times been in effect, then the Borrower shall, to the extent permitted by applicable law, pay the Agent, for the account of the applicable Lenders, an amount equal to the excess of (a) the lesser of (i) the amount of interest which would have been charged if the Maximum Rate had, at all times, been in effect or (ii) the amount of interest which would have accrued had the interest rate otherwise set forth in this Agreement, at all times, been in effect over (b) the amount of interest actually paid or accrued under this Agreement. If a court of competent jurisdiction determines that the Agent and/or any Lender has received interest and other charges hereunder in excess of the Maximum Rate, such excess shall be deemed received on account of, and shall automatically be applied to reduce, the Obligations other than interest, and if there are no Obligations outstanding, the Agent and/or such Lender shall refund to the Borrower such excess.

  • Fixed Interest Rate Annual interest rate shall be /% and will not change during the duration.

  • Class A Certificates 7 Class I-A Certificates.........................................................................7 Class I-B-1 Certificates.......................................................................8 Class I-B-2 Certificates.......................................................................8 Class I-B-3 Certificates.......................................................................8 Class I-B-4 Certificates.......................................................................8 TABLE OF CONTENTS (continued) Class I-B-6 Certificates.......................................................................8 Class II-A Certificates........................................................................8 Class II-B-1 Certificates......................................................................8 Class II-B-2 Certificates......................................................................8 Class II-B-3 Certificates......................................................................8 Class II-B-4 Certificates......................................................................8 Class II-B-5 Certificates......................................................................8 Class II-B-6 Certificates......................................................................8

  • INTEREST; INTEREST RATE (a) Interest on this Bond shall commence accruing at the Interest Rate (as defined in Section 30) from and including the Issuance Date and shall be computed on the basis of a three hundred and sixty (360)-day year comprised of twelve (12) thirty (30)-day months and shall be payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year (each, an “Interest Payment Date”) with the first Interest Payment Date being January 1, 2010. Interest shall be payable on each Interest Payment Date, to the record holders of this Bond as recorded in the Register (as defined in Section 3(g)) held by the Company on the applicable Record Date, at the Company’s option, (A) in whole in cash (“Cash Interest”), or (B) in whole in shares (“Interest Shares”) of the Company that are designated on the date hereof as common shares, par value $0.01 per share (the “Common Shares”), or (C) in a combination of Cash Interest and Interest Shares. In the event the Company decides to deliver Interest Shares on an Interest Payment Date, it must deliver a written notice (“Interest Election Notice”) to Holders no less than five (5) Trading Days prior to the Interest Payment Date (the date such notice is sent being the “Interest Notice Date”) pursuant to which notice, the Company elects to pay Interest entirely in Interest Shares or a combination of Cash Interest and Interest Shares and specifies the amount of Interest that shall be paid as Cash Interest and the amount of Interest that shall be paid in Interest Shares. Interest to be paid on an Interest Payment Date in Interest Shares shall be paid in a number of fully paid and nonassessable Common Shares equal to the quotient of (1) the amount of Interest payable on such Interest Payment Date less any Cash Interest paid and (2) the Interest Conversion Price in effect for the applicable Interest Payment Date (rounded down to the preceding whole number).

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.

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