Class A-2B Margin definition

Class A-2B Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, 0.1000% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.2000% per annum.
Class A-2B Margin. As of any Distribution Date up to and including the Auction Termination Date for the Certificates, 0.1500% per annum and, as of any Distribution Date after the Auction Termination Date, 0.3000% per annum.
Class A-2B Margin. As of any Distribution Date up to and including the Initial Optional Termination Date for the Certificates, 0.220% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.440% per annum. Class A-2B Pass-Through Rate: For the first Distribution Date, 3.310% per annum. As of any Distribution Date thereafter, the lesser of (1) One-Month LIBOR plus the Class A-2B Margin and (2) the Class A-2 Available Funds Cap for such Distribution Date.

More Definitions of Class A-2B Margin

Class A-2B Margin means 0.10% “Class A-2C Margin” means 0.14% Floating Rate Payer Period End Dates: The 25th day of each month of each year commencing March 25, 2007, through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Dates shall be one (1) Business Day prior to each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA. Designated Maturity: One month Spread: Floating Rate Day Count Fraction: Actual/360 Reset Dates: First day of each Calculation Period Business Days for payment: New York Calculation Agent: Party A; provided, however, that if an Event of Default occurs with respect to Party A, then Party B shall be entitled to appoint a financial institution which would qualify as a Reference Market-maker to act as Calculation Agent. 3 Account Details: Account for payments to Party A: For the account of: The Royal Bank of Scotland Financial Markets Fixed Income and Interest Rate Derivative Operations London SWIFT XXXXXX0XXXX with JPMorgan Chase Bank New York XXXXXX00 XXX # 000000000 Account Number 400930153 Account for payments to Party B: Xxxxx Fargo Bank, NA ABA 000-000-000 Account Number: 0000000000 Account Name: Corporate Trust Clearing FFC: 50993802, Xxxxxxxxx 0000-0 Xxxxx Maintenance 4 Offices: The Office of Party A for this Transaction is: London The Office of Party B for this Transaction is: Columbia, Maryland 5 Agency Role of Greenwich Capital Markets, Inc. This Transaction has been entered into by Greenwich Capital Markets, Inc., as agent for The Royal Bank of Scotland plc. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Transaction. Please promptly confirm that the foregoing correctly sets forth the terms of the Transaction entered into between us by executing this Confirmation and returning it to us by facsimile to: The Royal Bank of Scotland plc Attention: Derivatives Documentation Fax: 0000 000 0000 / 6486 Phone: 0000 000 0000 THE ROYAL BANK OF SCOTLAND PLC By: Greenwich Capital Markets, Inc., its agent By /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Vice President Accepted and confirmed as of the Trade Date written above:
Class A-2B Margin means 0.17% Floating Rate Payer Period End Dates: The 25th day of each month of each year commencing May 25, 2007, through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Dates shall be one (1) Business Day prior to each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA. Designated Maturity: One month Spread: Floating Rate Day Count Fraction: Actual/360 Reset Dates: First day of each Calculation Period Business Days for payment: New York Calculation Agent: Party A; provided, however, that if an Event of Default occurs with respect to Party A, then Party B shall be entitled to appoint a financial institution which would qualify as a Reference Market-maker to act as Calculation Agent.

Related to Class A-2B Margin

  • 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-2a Interest Rate means 0.45% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2 Rate means [ ]% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class A-1 Rate means 5.604% per annum (computed on the basis of the actual number of days elapsed during the relevant Interest Period and a 360‑day year).

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2a Notes means the Class A-2a 5.05% Asset-Backed Notes, substantially in the form of Exhibit A-2a to the Indenture.

  • Class A-1 Note Rate means, with respect to any 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 0.08%.

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

  • Class A-2 Component The Component having such designation.

  • Class A-3 Rate means [ ]% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.