Note B Rate definition

Note B Rate means the Note B Rate set forth on the Mortgage Loan Schedule.
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Note B Rate means the Note B Rate set forth on the Mortgage Loan Schedule, which will represent the weighted average of the component rates for Component B-A and Component B-HRR.
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Note B Rate means a rate per annum equal to 6.05%.
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Examples of Note B Rate in a sentence

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More Definitions of Note B Rate

Note B Rate means the Interest Rate set forth in Note B.
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Related to Note B Rate

  • Net Note B Rate means the Note B Rate minus the Servicing Fee Rate.

  • Class B Rate means 0.00% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).

  • Note Rate means, in the case of the Class A-1 Notes, the Class A-1 Rate; in the case of the Class A-2a Notes, the Class A-2a Rate; in the case of the Class A-2b Notes, the Class A-2b Rate; in the case of the Class A-3 Notes, the Class A-3 Rate; in the case of the Class A-4 Notes, the Class A-4 Rate; in the case of the Class B Notes, the Class B Rate; in the case of the Class C Notes, the Class C Rate; and in the case of the Class D Notes, the Class D Rate.

  • Class A-3 Rate means [ ]% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class A-1 Rate means 2.50000% per annum (computed on the basis of the actual number of days elapsed during the relevant Interest Period and a 360‑day year).

  • Class A-4 Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2b Rate means, for any Distribution Date and the related Accrual Period, the Benchmark for the related Accrual Period plus 0.07% per annum (subject to any related Benchmark Replacement Adjustment); provided, however, that for any Accrual Period for which the sum of the Benchmark for that Accrual Period plus such applicable spread is less than 0.00%, the Class A-2b Rate for that Accrual Period shall be deemed to be 0.00%.

  • Note B-1 shall have the meaning assigned to such term in the recitals.

  • Note B-2 shall have the meaning assigned to such term in the recitals.

  • Class C Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Note A Rate means the Note A Rate set forth on the Mortgage Loan Schedule.

  • Class B Note Rate means 1.93% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class C Note Rate means 3.48% per annum.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 3.23% per annum with respect to the Class A Notes.

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Note B Principal Balance means, at any time of determination, the Initial Note B Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon or reductions in such amount pursuant to Sections 3, 4 or 5, as applicable.

  • 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-2a Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2a Interest Rate means [●]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • 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%.