Class C Note Interest Rate definition

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].
Class C Note Interest Rate means a per annum rate of 2.42%.
Class C Note Interest Rate means a per annum rate of 5.00%.

Examples of Class C Note Interest Rate in a sentence

  • The 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.

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

  • 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.

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

  • The Issuer will pay interest on the unpaid principal amount of this Note at the Class C Note Interest Rate on each Payment 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 the annual rate of interest payable with respect to the Class C Notes, which shall be equal to LIBOR plus 0.85% per annum.
Class C Note Interest Rate means, for any Interest Period with respect to the Class C Notes, aper annum rate equal to 2.597%.
Class C Note Interest Rate means, from the Closing Date through July 14, 2002, and, with respect to each Note Interest Period, a per annum rate equal to 1.03% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
Class C Note Interest Rate means a per annum rate equal to 0.00%.
Class C Note Interest Rate means a per annum rate of 3.01%.
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 0.0%.