Initial Interest Rate definition

Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.
Initial Interest Rate for a particular Floating Rate Note shall mean the interest rate specified in the applicable Company Order as in effect from the Original Issue Date of such Floating Rate Note to its first Interest Reset Date. INITIAL REDEMPTION DATE:
Initial Interest Rate has the meaning set forth in Section 2.02(a) hereof.

Examples of Initial Interest Rate in a sentence

  • If there has not been a first Interest Payment Date or First Reset Date, the Rate of Interest for Floating Rate Notes shall be the initial Rate of Interest and the Fixed Reset Rate of Interest for Fixed Reset Notes shall be the Initial Interest Rate (as applicable).


More Definitions of Initial Interest Rate

Initial Interest Rate means either the 2028 Fixed/Floating Rate Notes Initial Interest Rate or the 2030 Fixed/Floating Rate Notes Initial Interest Rate, as applicable.
Initial Interest Rate means, in a credit transaction with an interest rate that changes over time and that cannot be calculated in advance for the entire term of the transaction, the rate that would be in effect at the time a disclosure is made, assuming the recipient accepted the financing offer.
Initial Interest Rate. The term "
Initial Interest Rate means [ ]% per annum.
Initial Interest Rate means the annual rate of interest applicable to the Notes during the Initial Interest Rate Period.
Initial Interest Rate means the initial Rate of Interest either specified or calculated in accordance with the provisions hereon;
Initial Interest Rate shall, with respect to any Note, have the meaning assigned to such term in the Mortgage Loan Agreement.