Interest Formula Rate definition
Interest Formula Rate for a Class of Notes means the lesser of the rates in clauses (i) and (iii) of the definition of Class 1-A Note Rate or Class 2-A Note Rate, as applicable.
Interest Formula Rate means the lesser of the rates in clauses (i) and (iii) of the definition of Note Rate.
Interest Formula Rate has the meaning given to it in the Adoption Annex.
More Definitions of Interest Formula Rate
Interest Formula Rate for the Principal Amount Notes is the rate in clause (i) of the definition of Note Rate.
Interest Formula Rate. As to either Class of Investor Certificates, --------------------- the lesser of the rates set forth in clauses (i) and (iii) of the definitions of Class A-1 Certificate Rate and Class A-2 Certificate Rate, respectively.
Interest Formula Rate for a Class of Principal Amount Notes is the lesser of the rates in clauses (i) and (iii) of the definition of Class A Note Rate. Ann-2-2 The "Investor ▇▇▇ed Allocation Percentage" for a Payment Date is on any date on which the Transferor Interest is less than the Required Transferor Subordinated Amount, 100%; and on any date on which the Transferor Interest equals or exceeds the Transferor Subordinated Amount, 98.60%.
Interest Formula Rate for any Class of Notes and the Interest Period for any Payment Date is a per annum rate equal to the sum of one-month LIBOR as of the Adjustment Date for that Interest Period and the related Applicable Margin.
Interest Formula Rate for a Class of Principal Amount Notes is the lesser of the rates in clauses (i) and (iii) of the definition of Class Note Rate. The "Latest Subsequent Closing Date" is the earlier of March 31, 2006 and the date the amount in the Additional Loan Account is less than $40,000. Ann-2-4