Class A Rate definition

Class A Rate means the Class A-1 Rate, Class A-2 Rate, Class A-3 Rate or Class A-4 Rate, as applicable.

Class A Rate means (i) with respect to the Class A-1 Notes, the Class A-1 Rate, (ii) with respect to the Class A-2 Notes, the Class A-2 Rate, and (iii) with respect to the Class A-3 Notes, the Class A-3 Rate.

Class A Rate means, for any Accrual Period after the initial Accrual Period, One-Month LIBOR, as determined on the related LIBOR Determination Date, plus 0.62% based on an Actual/360 accrual method. For the initial Accrual Period, the Class A Rate shall mean the Initial Accrual Rate plus 0.62% based on an Actual/360 accrual method.

Examples of Class A Rate in a sentence

• At June 30, 2012, there were 8,000,000 Cumulative Redeemable Class A Rate Reset Preferred Shares, Series 2 outstanding (December 31, 2011 – nil).

• Class A Rate of Interest: The Class A Notes will bear interest on their then Principal Amount Outstanding at the rate of 2.9 per cent.

• Each Conversion/Continuation Request relating to the conversion of a Base Rate Loan to a Benchmark Loan or, if applicable, relating to the conversion of a Benchmark Loan that is a RFR Loan to a Term Benchmark Loan shall be irrevocable by the Borrower.

• For bonds guaranteeing performance of such contracts, charge Class A Rate.

• HEIGHT PAY: Height premium pay on all stacks, towers, church xxxxxx, power houses and silos shall be paid at the rate of pay as follows: Twenty-Five to one hundred feet (25’-100’): Thirty cents ($.30) above the Class A Rate.

More Definitions of Class A Rate

Class A Rate. With respect to any Class A Note, the per annum rate at which interest accrues on such Note for any Interest Accrual Period, which shall be equal to (a) one-month LIBOR for the related Interest Accrual Period plus (b) 1.75% per annum.

Class A Rate means, for any Accrual Period after the initial Accrual Period, One- Month LIBOR (or the then-current Benchmark), as determined on the second Business Day before the beginning of the applicable Accrual Period, plus 0.61%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A Rate shall mean the Initial Accrual Rate plus 0.61%, based on an Actual/360 accrual method. Notwithstanding the foregoing, if the Administrator determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the determination date of the then-current Benchmark, the Benchmark Replacement shall be determined in accordance with Section 2.13 of this Indenture.

Class A Rate means 7.60% of interest per annum.

Class A Rate means, for any Series 2002-1 Interest Period, LIBOR plus 0.26% per annum; provided, however, that the Class A Rate shall in no event be higher than the maximum rate permitted by applicable law.

Class A Rate means (i) with respect to the Class A-1 Notes, the Class A-1 Rate, and (ii) with respect to the Class A-2 Notes, the Class A-2 Rate.

Class A Rate means, with respect to an Interest Period, a rate per annum equal to LIBOR, as determined by the Calculation Agent on the related LIBOR Determination Date with respect to such Interest Period, plus 0.20%.

Class A Rate means, for any Accrual Period after the initial Accrual Period, One-Month LIBOR (or the then-current Benchmark), as determined on the second Business Day before the beginning of the applicable Accrual Period, plus 0.61%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A Rate shall mean the Initial Accrual Rate plus 0.61%, based on an Actual/360 accrual method. Notwithstanding the foregoing, if the Administrator determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the determination date of the then-current Benchmark, the Benchmark Replacement shall be determined in accordance with Section 2.13 of this Indenture.