Class A Certificate Rate definition

Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to 2.67%.

Class A Certificate Rate means ____% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.

Examples of Class A Certificate Rate in a sentence

• The amount of additional interest [at the Class A Certificate Rate] with respect to interest amounts that were due but not paid on a previous Interest Payment Date or Special Payment Date....

• The amount of additional interest [at the Class A Certificate Rate] with respect to interest amounts that were due but not paid on a previous Interest Payment Date or Special Payment Date.....

• The "Class A Additional Interest" for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class A Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class A Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date.

• The Monthly Reset Rate may be more than, but will be at least equal to such Preliminary Class A Certificate Rate, provided that it may not exceed the Maximum Reset Rate.

• Upon such determination, the Remarketing Agent will immediately give telephonic notice of the Preliminary Class A Certificate Rate to each Holder requesting such notice.

More Definitions of Class A Certificate Rate

Class A Certificate Rate means from the Closing Date through October 14, 1996, and from October 15, 1996 through November 14, 1996 and with respect to each Interest Period thereafter, a per annum rate equal to 0.15% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.

Class A Certificate Rate means 5.5375% from and including ------------------------ February 4, 1997 through and including March 16, 1997, and with respect to each Interest Period thereafter, a per annum rate of 0.10% in excess of LIBOR as determined on the related LIBOR Determination Date.

Class A Certificate Rate means, with respect to any Interest Accrual Period, the lesser of (i) the applicable LIBOR plus ___% per annum or (ii) the applicable Net Receivables Rate.

Class A Certificate Rate means, with respect to the period from and ------------------------ including the Closing Date through and including April 14, 1997, [____]% per annum, and with respect to each Interest Accrual Period thereafter, a per annum rate equal to [____]% in excess of LIBOR as determined on the related LIBOR Determination Date.

Class A Certificate Rate means for any Interest

Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to3.39%.

Class A Certificate Rate means 7.20% per annum. ------------------------