Class D Rate definition

Class D Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class D Rate means 3.04% per annum.
Class D Rate means 6.00% per annum. Interest with respect to the Class D Certificates shall be computed on the basis of a 360-day year consisting of twelve 30-day months for all purposes of the Basic Documents.

Examples of Class D Rate in a sentence

  • The Issuer shall pay interest on overdue installments of interest at the Class D Rate to the extent lawful.


More Definitions of Class D Rate

Class D Rate means 6.27% per annum.
Class D Rate means 2.43% per annum.
Class D Rate means % annum.
Class D Rate. With respect to any Class D 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) 3.25% per annum.
Class D Rate means 6.00% per annum.
Class D Rate has the meaning set forth in the Sale and Servicing Agreement.
Class D Rate means 4.75% per annum.