Subordinated Note Rate definition

Subordinated Note Rate is defined in Section 3.01(c) of the Receivables Purchase Agreement.

Subordinated Note Rate has the meaning set forth in the Trust Agreement.

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

Examples of Subordinated Note Rate in a sentence

• All interest in the Subordinated Note that is not paid when due pursuant to this paragraph shall be payable on the next Interest Payment Date on which funds are available therefore and all such unpaid interest shall accrue interest at the Subordinated Note Rate until paid in full.

• Indeed, many phenomena associated with strong electron correlations have proved difficult to explain, in large part due to the fact that there are often several competing degrees of freedom in many of the technologically important classes of materials.

• All interest on the Subordinated Note that is not paid when due pursuant to this paragraph shall be payable on the next Interest Payment Date on which funds are available, and all such unpaid interest shall accrue interest at the Subordinated Note Rate until paid in full.

• To the extent that interest on the Subordinated Notes or the Trust Certificates is accrued but not paid in full on any Payment Date, such overdue interest shall be due on the next Payment Date together with interest on such amount (to the extent lawful) at the Subordinated Note Rate or the Certificate Rate, as the case may be.

• To the extent lawful and enforceable, interest on any Deferred Interest on the Senior Subordinated Notes shall accrue at the same per annum rate as the then current Senior Subordinated Note Rate.

More Definitions of Subordinated Note Rate

Subordinated Note Rate is defined in Section 3.1(c) of this Agreement.

Subordinated Note Rate is defined in SECTION 3.1(c) of the Receivables Purchase Agreement.

Subordinated Note Rate means, with respect to any Series of Subordinated Notes, the annual rate at which interest accrues on the Subordinated Notes of such Series of Subordinated Notes (or formula on the basis of which such rate shall be determined) as stated in the applicable Supplement.

Subordinated Note Rate means a Note Rate equal to 6.108% per annum;

Subordinated Note Rate means a Note Rate equal to 5.588% per annum;

Subordinated Note Rate means, in relation to any Interest Payment Date, the amount determined as at the related Determination Date in accordance with the provisions of the Cash Management Agreement, by which:

Subordinated Note Rate means, in respect of a Subordinated Note, a Note Rate equal to the rate of interest specified therein;