Examples of Class A Notes Interest Rate in a sentence
If for any Interest Accrual Period, or any portion thereof, the Class A Notes Interest Rate, the Class B Notes Interest Rate or the Class C Notes Interest Rate is determined by reference to LIBOR or the Bank Base Rate, then on each applicable LIBOR Determination Date, the Calculation Agent shall notify the Trustee of the applicable LIBOR rate or Bank Base Rate, as applicable.
EXHIBIT B Interest Rate Determination The interest rate for any Series of Notes will be automatic and determined on the applicable Closing Date as follows: • The Class A Notes Interest Rate shall be a percentage (rounded to the nearest hundredths decimal place) equal to (i) ICUR Treasury yield matching the average life of such Series of Class A Notes; plus (ii) the Net Spread at the time such Notes’ interest rate is set.
If for any Interest Accrual Period, or any portion thereof, the Class A Notes Interest Rate, the Class B Notes Interest Rate or the Class C Notes Interest Rate for all or a portion of such Notes is determined by reference to the Commercial Paper Funding Rate, then the Trustee shall determine the Commercial Paper Funding Rate for the respective Notes on the basis of written notice received from the applicable Managing Agent.