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.
Examples of Note Interest Rate in a sentence
Each Class of Series 20__-__ Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period.
The Indenture Trustee will, on Issuer Order, authenticate and deliver the Series 20__-__ Notes for original issue in the following Classes, each having the Note Interest Rates and initial Note Balances stated below (except that the Note Interest Rate for any Floating Rate Notes will not be less than 0.00%).
More Definitions of Note Interest Rate
Note Interest Rate means a rate per annum equal to 0.04% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.
Note Interest Rate means zero; provided that if the Outstanding Dollar Principal Amount is not paid in full on or prior to the Expected Maturity Date, the Note Interest Rate for each Interest Accrual Period shall be LIBOR + 0.45% per annum, calculated on the basis of the actual number of days elapsed and a 360-day year; provided, further, that if the sum of LIBOR + 0.45% for such Interest Accrual Period is less than 0.00%, then the Note Interest Rate for such Interest Accrual Period will be deemed to be 0.00%.
Note Interest Rate means, for each Class, the interest rate per annum stated below: Class A-1 % Class A-2[a] % [Class A-2b one-month LIBOR + ] Class A-3 % Class A-4 % Class B % Class C %
Note Interest Rate means the Class A-1 Rate, the Class A-2 Rate, the Class A-3 Rate or the Class A-4 Rate, as applicable.
Note Interest Rate means LIBOR + 0.35% per annum, calculated on the basis of the actual number of days elapsed and a 360-day year.
Note Interest Rate means, for each Class, the interest rate per annum specified in Section 2.1(b).