Class A Note Rate definition

Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.10% per annum with respect to the Class A Notes.
Class A Note Rate means 3.35% per annum.
Class A Note Rate means 2.97% per annum.

Examples of Class A Note Rate in a sentence

  • Interest shall accrue on the Class A Shortfall at the Class A Note Rate.

  • On or prior to each Determination Date, the Indenture Trustee shall determine the applicable Class A Note Rate for the related Payment Date.

  • The Issuer will pay interest on the unpaid principal amount of this Note at the Class A Note Rate on each Interest Payment Date until the principal amount of this Note is paid in full.

  • Subject to the Subordination Provisions and paragraph 10 hereof, the Sponsor promises to pay interest on the aggregate unpaid principal amount of this Note outstanding on each day, at the Class A Note Rate for the related Payment Date.

  • The Class A Notes shall bear interest at the Class A Note Rate in accordance with the definition of Class A Monthly Interest Amount.


More Definitions of Class A Note Rate

Class A Note Rate means, for any Interest Period, the weighted average of the sum of (a) the weighted average (by outstanding principal balance) of the Class A CP Rates applicable to the Class A CP Tranche and (b) the Reference Rate applicable to the Class A Reference Rate Tranche in each case, for such Interest Period; provided, however, that the Class A Note Rate will in no event be higher than the maximum rate permitted by applicable law.
Class A Note Rate means 6.48% per annum.
Class A Note Rate means 5.92% per annum.
Class A Note Rate means 2.55% per annum.
Class A Note Rate means, with respect to the Class A Notes, for the period from and including the Closing Date through but excluding July 15, 2008, and for each Interest Period thereafter, a per annum rate of 1.60% above LIBOR determined on the related LIBOR Determination Date, calculated on the basis of actual days elapsed and a 360-day year.
Class A Note Rate. As defined in the Sale and Servicing Agreement.
Class A Note Rate means 4.60% per annum.