Class C 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].
Examples of Class C Note Interest Rate in a sentence
Issuer will pay interest on the unpaid principal amount of this Note at the Class C Note Interest Rate on each Distribution Date until the principal amount of this Note is paid in full.
More Definitions of Class C Note Interest Rate
Class C Note Interest Rate means, for any Interest Period with respect to the Class C Notes, aper annum rate equal to 2.71%.
Class C Note Interest Rate means 0.0%.
Class C Note Interest Rate means, from the Closing Date through July 14, 2004, and, with respect to each Note Interest Period, a per annum rate equal to 0.55% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
Class C Note Interest Rate means the annual rate of interest payable with respect to the Class C Notes, which shall be equal to 2.28% for the first Remittance Date and thereafter shall be equal to LIBOR plus 1.00% per annum.
Class C Note Interest Rate the rate at which interest accrues on the Class C Notes, which rate shall be ____% per annum.
Class C Note Interest Rate means, from the Closing Date through September 16, 2001, and, with respect to each Note Interest Period, a per annum rate equal to 0.90% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.