Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).
Class A-2b Interest Rate means with respect to any Payment Date, the SOFR Rate for the related Payment Date plus 0.43% per annum (computed on the basis of the actual number of days elapsed and on a 360 day year); provided, that for any Interest Accrual Period for which the sum of the SOFR Rate plus 0.43% is less than 0.00%, the Class A-2b Interest Rate shall be deemed to be 0.00%. Upon the occurrence of a Benchmark Transition Event and its related Benchmark Replacement Date, the Class A-2b Interest Rate shall be as determined by the Administrator (on behalf of the Issuing Entity) in accordance with the terms of the Indenture.
Class A-2b Interest Rate means a rate equal to LIBOR plus 0.10% per annum; provided, however, if the sum of LIBOR + 0.10% is less than 0.00% for any Interest Period, then the Class A-2b Interest Rate for such Interest Period will be deemed to be 0.00%.
Examples of Class A-2b Interest Rate in a sentence
Jessica Langill stated that the Human Rights Day Event is in the process of being planned through a partnership with the county.
The determination by the Interest Calculation Agent of LIBOR and the amount of the Class A-2b Interest Rate, the Class A-3b Interest Rate and the Class A-4b Interest Rate shall, in the absence of manifest error, be final and binding upon all parties.
More Definitions of Class A-2b Interest Rate
Class A-2b Interest Rate means the SOFR Rate + 0.56% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year); provided, however, if the sum of the SOFR Rate + 0.56% is less than 0.00% for any Interest Period, then the Class A-2b Interest Rate for such Interest Period will be deemed to be 0.00%.
Class A-2b Interest Rate means the Benchmark Rate + 0.38% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year); provided, however, if the sum of the Benchmark Rate + 0.38% is less than 0.00% for any Interest Period, then the Class A-2b Interest Rate for such Interest Period will be deemed to be 0.00%.
Class A-2b Interest Rate means [●]% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).]
Class A-2b Interest Rate means with respect to any Payment Date, One-Month LIBOR for the related Payment Date plus 0.25% per annum (computed on the basis of the actual number of days elapsed and on a 360 day year); provided, that for any Interest Accrual Period for which the sum of One-Month LIBOR plus 0.25% is less than 0.00%, the Class A-2b Interest Rate shall be deemed to be 0.00%. Upon the occurrence of a Benchmark Transition Event and its related Benchmark Replacement Date, the Class A-2b Interest Rate shall be as determined by the Issuing Entity in accordance with the terms of the Indenture.
Class A-2b Interest Rate means with respect to any Payment Date, the SOFR Rate for the related Payment Date plus 0.42% per annum (computed on the basis of the actual number of days elapsed and on a 360-day year); provided, that for any Interest Period for which the sum of the SOFR Rate plus 0.42% is less than 0.00%, the Class A-2B Interest Rate shall be deemed to be 0.00%. Upon the occurrence of a Benchmark Transition Event and its related Benchmark Replacement Date, the Class A-2B Interest Rate shall be as determined by the Administrator (on behalf of the Issuer) in accordance with the terms of the Indenture.
Class A-2b Interest Rate means, with respect to any Payment Date, LIBOR for the related Payment Date, plus 0.32% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).