Class B Note Interest Rate definition

Class B Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
Class B Note Interest Rate means a rate per annum equal to %.]
Class B Note Interest Rate means, for any Interest Period with respect to the Class B Notes, a per annum rate equal to 0%.

Examples of Class B Note Interest Rate in a sentence

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

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

  • During each Interest Accrual Period, this Class B Note will bear interest at the Class B Note Interest Rate.

  • The Issuer will pay interest on overdue installments of interest at the Class B Note Interest Rate to the extent lawful.

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


More Definitions of Class B Note Interest Rate

Class B Note Interest Rate means a per annum rate of 3.64%.
Class B Note Interest Rate means, for any Interest Period with respect to the Class B Notes, a per annum rate equal to LIBOR plus [ ]%[; provided, however, that the Issuer may adjust the Class B Note Interest Rate from time to time only upon the satisfaction of the Rate Adjustment Conditions].
Class B Note Interest Rate has the meaning assigned to such term in the Indenture.
Class B Note Interest Rate means a per annum rate of 2.50%.
Class B Note Interest Rate means a per annum rate equal to 0.00%.
Class B Note Interest Rate means a per annum rate of 0.45% in excess of LIBOR as determined (i) on August 14, 2001, for the period from and including the Closing Date through and excluding September 17, 2001 and (ii) on the related LIBOR Determination Date with respect to each Interest Period thereafter.
Class B Note Interest Rate means the annual rate of interest payable with respect to the Class B Notes, which shall be equal to 1.93% for the first Remittance Date and thereafter shall be equal to LIBOR plus 0.65% per annum.