Class A-3 Interest Rate definition

Class A-3 Interest Rate means 1.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

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

Examples of Class A-3 Interest Rate in a sentence

• The Issuer shall pay interest on overdue installments of interest at the Class A-3 Interest Rate to the extent lawful.

• The Issuer will pay interest on this Note at the Class A-3 Interest Rate.

• Any shortfall in the payment of interest on the Class A-3 Notes at the Class A-3 Interest Rate due entirely to the failure of the Class A-3 Swap Counterparty to make a required payment under the Class A-3 Swap Agreement will not constitute an Event of Default under the Indenture and upon such an occurrence, the Class A-3 Noteholders will only be entitled to receive the Class A-3 Interest Distributable Amount at the Class A-3 Assumed Fixed Rate.

• The Owner Trustee shall pay interest on overdue installments of interest at the Class A-3 Interest Rate to the extent lawful.

• The Class A-3 Interest Rate Cap Agreement will be an asset of the Trust Fund but will not be an asset of any REMIC.

More Definitions of Class A-3 Interest Rate

Class A-3 Interest Rate means 1.84% per annum (computed on the basis of a 360-day year of twelve 30-day months).

Class A-3 Interest Rate means [ ]% per annum.

Class A-3 Interest Rate means 5.13% per annum.

Class A-3 Interest Rate means 4.66% per annum computed on the basis of a 360 day year of twelve 30 day months.

Class A-3 Interest Rate means 1.26% per annum (computed on the basis of a 360-day year consisting of twelve (12) 30-day months).

Class A-3 Interest Rate means 0.33% per annum.

Class A-3 Interest Rate means 1.34% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year of twelve 30-day months).