Interest Margin definition

Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;

Interest Margin. Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

Interest Margin means the annual percentage rate, if any, above or below the Prime Rate set out or referred to in time 5(b) of the Mortgage Form;

Examples of Interest Margin in a sentence

• Since NII or Net Interest Margin (NIM) of Bank is dependent on the movements of interest rates, any mismatches or gaps in the cash-flows on re-pricing dates exposes Bank’s NII or NIM to interest rate risk.

• Annualized Net Interest Margin adjusted by Loan Loss Provisions / Average Earnings Assets.

• The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than -5% p.a. and will not exceed 5% p.a. hc Hedging Cost: 0% p.a .on the Issue Date.

• Interest will be at the Base Rate plus the applicable Interest Margin, calculated on the basis of the actual number of days elapsed in a year of 365 days and payable quarterly in arrears.

• Throughout this presentation references to NII, Total Revenue, Net Interest Margin and PPNR are presented on a fully taxable equivalent basis unless otherwise noted.

More Definitions of Interest Margin

Interest Margin means 2.5% per annum.

Interest Margin set forth in Section 1 of the Credit Agreement shall be amended and restated to read in its entirety as follows:

Interest Margin. For each Class of LIBOR Notes, for any Payment Date prior to the Stepup Date, the following per annum rate: Class 1A1, 0.330%; Class 1A2, 0.400%; Class 2A1, 0.340%; Class M1, 0.600%; Class M2, 0.630%; Class M3, 0.690%; Class M4, 1.050%; Class M5, 1.150%; Class M6, 1.350%; Class M7, 1.800%; Class M8, 2.000%; Class M9, 3.100%; Class B1A, 3.000%; Class B2, 3.000%; and Class B3, 3.000%; and for the Stepup Date and each Payment Date thereafter, the following per annum rate: Class 1A1, 0.660%; Class 1A2, 0.800%; Class 2A1, 0.680%; Class M1, 0.900%; Class M2, 0.945%; Class M3, 1.035%; Class M4, 1.575%; Class M5, 1.725%; Class M6, 2.025%; Class M7, 2.700%; Class M8, 3.000%; Class M9, 4.650%; Class B1A, 4.500%; Class B2 4.500%; and Class B3, 4.500%.

Interest Margin means, effective on the Eighth Amendment Date, with respect to any Eurodollar Loan, 7.50% or, with respect to any Alternative Base Loan, 5.75% plus in each case the PIK Interest Rate. Notwithstanding the foregoing, effective on October 1, 2002, each of the foregoing Interest Margins shall be increased by 1.00%.

Interest Margin. For each Class of Notes and any Payment Date, the applicable percentage set forth for such class in the following table:

Interest Margin. , if applicable, means the percentage rate above the Prime Rate set out in the Mortgage Form;

Interest Margin. An applicable percentage per annum equal to (a) in the case of a Eurodollar Rate Loan, 0.25% and (b) in the case of a Base Rate Loan, 0%.