Note A-1 Interest Rate definition

Note A-1 Interest Rate means with respect to Note A-1-S1, Note A-1-S2, Note A-1-S3, Note A-1-C1, Note A-1-C2 and/or Note A-1-C3, the Interest Rate set forth for such Note in the Mortgage Loan Schedule. Co-Lender Agreement (11 Mxxxxxx Xxxxxx) 00

Note A-1 Interest Rate means the Note A-1 Interest Rate set forth in the Mortgage Loan Schedule.

Note A-1 Interest Rate means 0.8% per annum.

Examples of Note A-1 Interest Rate in a sentence

In the event the Maturity Date is extended pursuant to Section 2(c) below, on the first Payment Date occurring in such Extension Term, and on each subsequent Payment Date during the term of the Loan, Maker shall pay to Holder a monthly payment of interest on the unpaid Note A-1 Principal Indebtedness calculated at the Note A-1 Interest Rate which has accrued through the last day of the Interest Accrual Period immediately preceding such Payment Date.
On July 11, 2007 and on the eleventh (11th) day of each calendar month (each, a "Payment Date") during the term of the Loan, Maker shall pay to Holder a monthly payment of interest only on the unpaid Note A-1 Principal Indebtedness calculated at the Note A-1 Interest Rate which has accrued through the last day of the Interest Accrual Period immediately preceding such Payment Date.
Upon the occurrence and during the continuance of an Event of Default, the Note A-1 Indebtedness shall (a) become due and payable as provided in Article 8 of the Loan Agreement, and (b) bear Interest at a per annum interest rate equal to the lesser of (i) the Maximum Amount (as defined in Section 8), and (ii) the Note A-1 Interest Rate plus five percent (5%) (the "Note A-1 Default Rate").
If any such prepayment is not made on the last day of an Interest Accrual Period, Maker shall also pay to Holder interest calculated at the Note A-1 Interest Rate that would have accrued on such prepaid Note A-1 Indebtedness through the end of the Interest Accrual Period in which such prepayment occurs.
If such notice is given, the Interest Rate shall be converted, from and after the first day of the next succeeding Interest Accrual Period, to the Prime-Based Rate (and unless and until the Note A-1 Interest Rate shall be converted back to the LIBOR-Based Rate, "Note A-1 Interest Rate" shall mean and refer to the Prime-Based Rate).
For all purposes under this Note and the other Loan Documents, the term "Interest Rate" shall, with respect to and to the extend of the Note A-1 Principal Indebtedness, be deemed to mean and refer to the Note A-1 Interest Rate.
Notwithstanding any provision of this Agreement to the contrary, in no event shall Maker have the right to elect to convert the Note A-1 Interest Rate to the Prime-Based Rate.

More Definitions of Note A-1 Interest Rate

Note A-1 Interest Rate means a rate per annum equal to 5.0626% payable with respect to Note A-1.

Note A-1 Interest Rate means, for any Interest Accrual Period, LIBOR plus the LIBOR Spread.

Related to Note A-1 Interest Rate

Class A-1 Interest Rate means 0.48000% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).
Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A Interest Rate has the meaning assigned to such term in the Indenture.
Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).
Note Interest Rate means a per annum rate equal to 0.02% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.
Lower-Tier Interest Rate As described in the Preliminary Statement.
Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.
Class E Interest Rate means 5.02% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.
Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.
Class A-2a Interest Rate means 0.45% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.
Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.
Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.
Class B Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
Class C Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.
Class A Note Rate means 2.97% per annum.
Class A-3 Note Interest Rate means a rate per annum equal to %.
Mortgage Interest Rate The annual rate of interest borne on a Mortgage Note.