Senior Note Interest Rate definition

Senior Note Interest Rate. A per annum rate equal to the Senior Note Applicable Interest Rate accrued on a daily basis on the then Outstanding Senior Note Amount.
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Senior Note Interest Rate means with respect to the Senior Notes of any Class, the annual rate at which interest accrues on the Senior Notes of the Class, as specified in Section 2.1 of the Indenture and in the Senior Notes.
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Senior Note Interest Rate means a rate of 3.4727% per annum.
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Examples of Senior Note Interest Rate in a sentence

  • The Lease Trust will pay interest on this Senior Note at the rate per annum shown above (the "Senior Note Interest Rate") on each Payment Date until the principal of this Senior Note is paid or made available for payment, on the principal amount of this Senior Note outstanding on the preceding Payment Date (after giving effect to all payments of principal made on the preceding Payment Date).

  • The method of determining the new Series 1999-1 Senior Note Interest Rate for the new Interest Period and the length of the new Interest Period, which may be any length of time between one day and the Stated Maturity of the Series 1999-1A [B] Notes subject to conversion, shall be set forth in a Supplemental Indenture executed in connection with the Conversion.

  • Additional Provisions Regarding the Series 1999-1 Senior Note Interest Rate........................................................................

  • The Series 1999-1 Senior Note Interest Rate shall be effective as of and on the first day (whether or not a Business Day) of the applicable Interest Period and be in effect thereafter through the end of such Interest Period.

  • The "Senior Note Interest Rate" will be fixed at the Effective Date at a rate equal to the sum of: (a) the yield for actively traded U.S. Treasury securities having a maturity closest to seven years as of the day prior to the Effective Date, (b) the Bear Stearns BB Index Spread (as defined below) and (c) 100 basis points (i.e., 1.0%).

  • If the condition referred to in (A) above is not met, the Series 1999-1 Senior Note Interest Rate for the next Auction Period shall be determined pursuant to the provisions of Sections 4 through 9 hereof and the Auction Period shall be the Auction Period determined without reference to the proposed change.

  • The determination of a Series 1999-1 Senior Note Interest Rate by the Auction Agent or any other authorized Person pursuant to the provisions of the First Supplemental Indenture shall be conclusive and binding on the Holders of the Series 1999-1A [B] Notes to which such Series 1999-1 Senior Note Interest Rate applies, and the Corporation and the Trustee may rely thereon for all purposes.

  • House Bill 745 of the 2011 Regular Session proposed, among other things, to reduce the board to 11 members; eliminate the BLNR representation but add a member from the Office of Hawaiian Affairs (OHA); and replace the president of UH withthe chancellor of UH-Hilo.

  • Section 1.1 of the Series B Debentures is hereby amended to provide that each Series B Debenture shall bear interest on its outstanding principal amount from the Closing Date until such Series B Debenture is converted, exchanged, redeemed or paid in full, at the Senior Note Interest Rate.

  • At the option of the Corporation, the method of determining the Series 1999-1 Senior Note Interest Rate for the Series 1999-1A [B] Notes is subject to Conversion on a Conversion Date from a Series 1999-1 Senior Note Auction Rate calculated on the basis of an Auction Period to a Series 1999-1 Senior Note Interest Rate calculated on the basis of another Interest Period.


More Definitions of Senior Note Interest Rate

Senior Note Interest Rate means with respect to the Senior Notes of any Class, the annual rate at which interest accrues on the Senior Notes of the Class,
Sample 1
Senior Note Interest Rate means, with respect to the Senior Notes of any Class, the annual rate at which interest accrues on the Senior Notes of the Class, as specified in Section 2.1 of the Indenture and in the Senior Notes.
Sample 1

Related to Senior Note Interest Rate

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • 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 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].

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.

  • Exchange Note Interest Rate has the meaning stated in Section 2.2(a)(vi) of the Exchange Note Supplement.

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

  • Class A-4 Note Interest Rate means a rate per annum equal to 2.11%.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

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

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

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

  • Class A-3 Interest Rate means 1.49% 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.

  • Class E Interest Rate means 4.99% 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-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class C 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%.

  • 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.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.10% per annum with respect to the Class A Notes.

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.

  • 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).

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