Examples of Floating Tranche in a sentence
The [Master Servicer] [Company] hereby requests [a purchase in respect of the initial issuance of Investor Certificates] [an Increase] be made by the Purchasers on ______, ___ in the aggregate amount of $_______, such [purchase] [Increase] to be allocated to a [Floating Tranche] [Eurodollar Tranche with a Eurodollar Period of one month].
Such notice shall state (x) the Issuance Date or the Increase Date, as the case may be, (y) the initial invested amount (the "INITIAL SERIES 1998-2 INVESTED AMOUNT"), or the proposed amount of such Increase (the "INCREASE AMOUNT"), as the case may be, and (z) on and after the APA Bank Purchase Date, what portions thereof will be allocated to a Eurodollar Tranche and the Floating Tranche.
Such notice shall state (x) the Issuance Date or the Increase Date, as the case may be, (y) the initial invested amount (the "INITIAL SERIES 1998-1 INVESTED AMOUNT") or, the proposed amount of such Increase (the "INCREASE AMOUNT"), as the case may be, and (z) on and after the APA Bank Purchase Date, what portions thereof will be allocated to a Eurodollar Tranche and the Floating Tranche.
Calculations of per annum rates under this Supplement shall be made on the basis of a 360- (or 365-/366- in the case of interest on the Floating Tranche based on the Prime Rate) day year.
The [Servicer] [Company] hereby requests [a purchase in respect of the initial issuance of Investor Certificates] [an Increase] be made by the Purchasers on ______, ___ in the aggregate amount of $_______, such [purchase] [Increase] to be allocated to a [Floating Tranche] [Eurodollar Tranche with a [Eurodollar Period of one month] or [NIBO Period of [one] [two] [three] weeks]].