Class A-1 Certificate Rate. For the first Distribution Date, 5.53% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-1 Margin, (2) the Class A-1 Available Funds Cap for such Distribution Date and (3) the Class A-1 Maximum Rate Cap for such Distribution Date.
Class A-1 Certificate Rate. With respect to any Distribution Date and the Class A-1 Certificates, 8.03% per annum.
Class A-1 Certificate Rate. With respect to any Distribution Date and the Class A-1 Certificates, 5.64% per annum.
Examples of Class A-1 Certificate Rate in a sentence
On each Payment Date, the "Class A-1 Certificate Rate" will be equal to the lesser of (x) One-Month LIBOR plus __% per annum, and (y) the Net Funds Cap.
More Definitions of Class A-1 Certificate Rate
Class A-1 Certificate Rate means, with respect to any Interest Period, a per annum rate equal to LIBOR as of the related LIBOR Determination Date for such Interest Period plus 1.25%.
Class A-1 Certificate Rate. (A) For the first Interest Accrual Period, 6.80375%, and (B) for for any Interest Accrual Period, the lesser of the Class A-1 Formula Certificate Rate and the Class A-1 Maximum Rate.
Class A-1 Certificate Rate. 6.070% per annum.
Class A-1 Certificate Rate means, with respect to any Distribution Date and the Class A-1 Certificates, the lesser of (A) the sum of (1) One-Month LIBOR and (2) 0.090% per annum and (B) the Net WAC Cap for the Distribution Date.
Class A-1 Certificate Rate means, with respect to any Interest Period, the lesser of (a) LIBOR for such Interest Period, plus 0.04% and (b) the Assets Receivables Rate for the immediately preceding Interest Period.
Class A-1 Certificate Rate. For any Distribution Date, the lesser of (A) in any month up to and including the month in which the Clean-Up Call Date occurs, 7.67% per annum (or for any month following the month in which the Clean-Up Call Date occurs, 8.17% per annum) and (B) the Group I Net WAC Cap for such Distribution Date.