Class A Interest Rate definition

Class A Interest Rate has the meaning assigned to such term in the Indenture.

Class A Interest Rate means 0.22% per annum in excess of LIBOR as determined on the related LIBOR Determination Date.

Class A Interest Rate means 2.82% per annum.

Examples of Class A Interest Rate in a sentence

• To the extent any Purchaser’s Class A Interest Rate is determined by reference to the CP Rate, the Administrative Agent shall determine such Purchaser’s CP Rate and the Interest (including unpaid Interest, if any, due and payable on a prior Payment Date) to be paid by the Seller with respect to each Advance, as applicable, on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third Business Day prior to such Payment Date.

• Payments pursuant to the Class A Interest Rate Cap will be deposited in the Distribution Account for payment to the Class A Certificateholders on the following Distribution Date.

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

• The Issuer promises to pay interest, if any, at the Class A Interest Rate from time to time, on each Payment Date in each case on the outstanding principal balance hereunder until such outstanding principal balance is paid or until the Termination Date as provided in the Supplement.

• Funds deposited in the Collection Account in respect of the sale of all or a portion of a Class A Interest Rate Cap or a Class B Interest Rate Cap shall be applied on the next Transfer Date as, respectively, Class A Available Funds or Class B Available Funds in accordance with subsections 4.6(a) and (b).

More Definitions of Class A Interest Rate

Class A Interest Rate means, with respect to any Interest Period, a rate per annum equal to LIBOR, as determined by the Calculation Agent on the LIBOR Determination Date with respect to such Interest Period, plus 0.64%.

Class A Interest Rate. For any Accrual Period and for each Class A Advance outstanding for each day during such Accrual Period:

Class A Interest Rate has the meaning assigned to such term in the Class A Fee Letter.

Class A Interest Rate means % per annum from the Closing Date through and including January 19, 1999 and, with respect to each Interest Accrual Period thereafter, a per annum rate % in excess of LIBOR as determined on the related LIBOR Determination Date.

Class A Interest Rate means 3.83% per annum.

Class A Interest Rate means [___]% per annum, computed on the basis of the actual number of days in the related Interest Accrual Period and a year of 360 days.

Class A Interest Rate means 5.95% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.