Class A-2 Interest Rate definition

Class A-2 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-2 Interest Rate means % per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).
Class A-2 Interest Rate means 5.13% per annum.

Examples of Class A-2 Interest Rate in a sentence

  • The Issuer shall pay interest on overdue installments of interest at the Class A-2 Interest Rate to the extent lawful.

  • One-twelfth of the Class A-2 Interest Rate times the Class A-2 Note Balance from and including the fifteenth day of the month based on a 360-day year of 12 months and 30 days each (or from and including the Closing Date with respect to the first Distribution Date) to but excluding the fifteenth day of the month of the current Distribution Date.

  • One-twelfth of the Class A-2 Interest Rate time the Class A-2 Note Balance from and including the fifteenth day of the month based on a 360-day year of 12 months and 30 days each (or from and including the Closing Date with respect to the first Distribution Date) to but excluding the fifteenth day of the month of the current Distribution Date.

  • The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes shall accrue interest during each Interest Period at the Class A-1 Interest Rate, the Class A-2 Interest Rate, the Class A-3 Interest Rate and the Class A-4 Interest Rate, respectively, and such interest shall be payable on each related Distribution Date as specified in the applicable Note by applying amounts available pursuant to Section 5.06 of the Sale and Servicing Agreement and Section 3.01 of this Indenture.

  • The Issuer will pay interest on this Note at the Class A-2 Interest Rate.


More Definitions of Class A-2 Interest Rate

Class A-2 Interest Rate means [ ]% per annum.
Class A-2 Interest Rate means 0.67% per annum.
Class A-2 Interest Rate means 4.95% per annum.
Class A-2 Interest Rate means 3.76000% per annum.
Class A-2 Interest Rate means 1.45% per annum.
Class A-2 Interest Rate means, as applicable, the Class A-2a Interest Rate or the Class A-2b Interest Rate.
Class A-2 Interest Rate means 2.57% per annum.