Class A-5 Rate means, for any Accrual Period after the initial Accrual Period, Three-Month LIBOR, as determined on the second Business Day before the beginning of the applicable Accrual Period, plus 0.10%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A-5 Rate shall mean the Initial Accrual Rate plus 0.10%, based on an Actual/360 accrual method.
Class A-5 Rate means 5.36% per annum. Interest with respect to the Class A-5 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months for all purposes of the Basic Documents.
Class A-5 Rate means LIBOR plus [ ]% per annum. Interest with respect to the Class A-5 Notes shall be computed on the basis of actual days elapsed and a 360-day year for all purposes of the Basic Documents.
Examples of Class A-5 Rate in a sentence
The Administrator shall obtain the calculation of LIBOR from the Calculation Agent under this Agreement, and shall calculate, for each Monthly Distribution Date, the amount of the Class A-1 Rate, the Class A-4 Rate, the Class A-5 Rate, the VPTN Rate and the Accrued Class A Monthly Pay Interest (and the portion allocable to each Subclass of Monthly Pay Class A Notes).
More Definitions of Class A-5 Rate
Class A-5 Rate means, for any Accrual Period after the initial Accrual Period, ___________________.
Class A-5 Rate means, for any Accrual Period after the initial Accrual Period, Three-Month LIBOR, as determined on the second Business Day before the beginning of the applicable Accrual Period, plus 0.11% based on an Actual/360 accrual method. For the initial Accrual Period, the Class A-4 Rate shall mean the Initial Accrual Rate plus 0.11%, based on an Actual/360 accrual method.
Class A-5 Rate means, for any Accrual Period after the initial Accrual Period until and including the Initial Reset Date for the Class A-5 Notes, Three-Month EURIBOR, as determined on the related EURIBOR Determination Date, plus 0.125%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A-5 Rate shall mean the Initial Accrual Rate plus 0.125%, based on an Actual/360 accrual method. The Class A-5 Rate shall be changed on each related Reset Date to the interest rate and Day Count Basis that will be set forth in the notice required to be delivered by the Administrator and/or the Remarketing Agents on each Remarketing Terms Determination Date and Spread Determination Date, as applicable, pursuant to the procedures set forth in the Reset Rate Note Procedures.
Class A-5 Rate means, for any Accrual Period after the initial Accrual Period until and including the Initial Reset Date for the Class A-5 Notes, 2.99% based on 30/360 accrual method with the initial Accrual Period consisting of 135 days. The Class A-5 Rate may be changed on each related Reset Date to the interest rate and Day Count Basis that will be set forth in the notice required to be delivered by the Administrator and/or the Remarketing Agents on each related Remarketing Terms Determination Date and Spread Determination Date, as applicable, pursuant to the procedures set forth in the Reset Rate Note Procedures.
Class A-5 Rate means, for any Accrual Period after the initial Accrual Period, Three-Month EURIBOR, as determined on the related EURIBOR Determination Date, plus 0.18%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A-5 Rate shall mean the Initial Accrual Rate plus 0.18%, based on an Actual/360 accrual method.
Class A-5 Rate means Three-Month LIBOR, as determined on the second Business Day before the beginning of the applicable Accrual Period, plus 0.09%, based on an Actual/360 accrual method.