Class B Certificate Rate definition

Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.
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Class B Certificate Rate means, for any Interest Accrual Period with respect to the Class B Certificates, a per annum rate equal to 2.20%.
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Class B Certificate Rate means ____% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.
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Examples of Class B Certificate Rate in a sentence

  • The Class B Certificates will accrue interest for each Interest Period at the Class B Certificate Rate set on the related LIBOR Determination Date.

  • The lease will then automatically terminate at its next anniversary date unless the director determines that such cessation of production is justified or the well meets the requirements of a shut in gas well under Subsection 040.05.

  • The "Class B Certificate Rate" is an annual rate equal to LIBOR plus %.

  • One-month LIBOR plus 0.26% per annum Initial Class B Investor Interest $56,250,000 Class B Certificate Rate...............

  • The Class B Certificate Rate applicable to the then current and the immediately preceding Interest Periods may be obtained by any Investor Certificateholder by telephoning the Trustee at its Corporate Trust Office at (212) 815-5368.


More Definitions of Class B Certificate Rate

Class B Certificate Rate means, with respect to the period from and including the Closing Date through and including October 14, 1997, 5.98625% per annum, and with respect to each Interest Accrual Period thereafter, a per annum rate equal to 0.33% in excess of LIBOR, as determined on the related LIBOR Determination Date.
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Class B Certificate Rate means from the Closing Date through but excluding August 17, 1998 and from and including August 17, 1998 through but excluding September 15, 1998, and with respect to each Interest Period thereafter, a per annum rate equal to 0.25% in excess of LIBOR, as determined on the related LIBOR Determination Date.
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Class B Certificate Rate means, with respect to any Interest ------------------------ Period, the lesser of (a) the sum of (i) LIBOR and (ii) ___% per annum and (b) the Net Receivables Rate for the Adjustment Date immediately preceding such Interest Period.
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Class B Certificate Rate means, for any Interest Accrual Period with respect to the Class B Certificates, a per annum rate equal to 3.61%; provided, however, that the Transferor may adjust the Class B Certificate Rate from time to time only upon the satisfaction of the Class B Certificate Rate Adjustment Conditions.
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Class B Certificate Rate means, for any Interest Period, a per ------------------------ annum rate equal to LIBOR for such Interest Period plus 0.305%. ----
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Class B Certificate Rate means for any Interest
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Class B Certificate Rate. With respect to any Distribution Date and the Class B Certificates, the lesser of (A) the sum of (1) LIBOR and (2) 1.700% per annum (or 2.550% per annum for each Interest Period occurring after the Clean-Up Call Date) and (B) the Subordinate Net WAC Cap for the Distribution Date.
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