Class A-2C Margin definition

Class A-2C Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, 0.1500% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.3000% per annum.
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Class A-2C Margin. As of any Distribution Date up to and including the Auction Termination Date for the Certificates, 0.1500% per annum and, as of any Distribution Date after the Auction Termination Date, 0.3000% per annum.
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Class A-2C Margin means 0.14% Floating Rate Payer Period End Dates: The 25th day of each month of each year commencing March 25, 2007, through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Dates shall be one (1) Business Day prior to each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA. Designated Maturity: One month Spread: Floating Rate Day Count Fraction: Actual/360 Reset Dates: First day of each Calculation Period Business Days for payment: New York Calculation Agent: Party A; provided, however, that if an Event of Default occurs with respect to Party A, then Party B shall be entitled to appoint a financial institution which would qualify as a Reference Market-maker to act as Calculation Agent. 3 Account Details: Account for payments to Party A: For the account of: The Royal Bank of Scotland Financial Markets Fixed Income and Interest Rate Derivative Operations London SWIFT XXXXXX0XXXX with JPMorgan Chase Bank New York XXXXXX00 XXX # 000000000 Account Number 400930153 Account for payments to Party B: Xxxxx Fargo Bank, NA ABA 000-000-000 Account Number: 0000000000 Account Name: Corporate Trust Clearing FFC: 50993802, Xxxxxxxxx 0000-0 Xxxxx Maintenance 4 Offices: The Office of Party A for this Transaction is: London The Office of Party B for this Transaction is: Columbia, Maryland 5 Agency Role of Greenwich Capital Markets, Inc. This Transaction has been entered into by Greenwich Capital Markets, Inc., as agent for The Royal Bank of Scotland plc. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Transaction. Please promptly confirm that the foregoing correctly sets forth the terms of the Transaction entered into between us by executing this Confirmation and returning it to us by facsimile to: The Royal Bank of Scotland plc Attention: Derivatives Documentation Fax: 0000 000 0000 / 6486 Phone: 0000 000 0000 THE ROYAL BANK OF SCOTLAND PLC By: Greenwich Capital Markets, Inc., its agent By /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Vice President Accepted and confirmed as of the Trade Date written above:
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More Definitions of Class A-2C Margin

Class A-2C Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, 0.170% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.340 per annum. Class A-2C Pass-Through Rate: For the first Distribution Date, 5.49438% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-2C Margin, (2) the Class A-2 Available Funds Cap for such Distribution Date and (3) the Class A-2 Maximum Rate Cap for such Distribution Date.
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Related to Class A-2C Margin

  • Class M-3 Margin As of any Distribution Date up to and including the Initial Optional Termination Date, 0.3300% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.4950% per annum.

  • Class M-2 Margin As of any Distribution Date up to and including the Initial Optional Termination Date, 0.310% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.465% per annum.

  • Class M-1 Margin With respect to any Distribution Date prior to the second Distribution Date after the first possible Optional Termination Date, 0.420% per annum, and on any Distribution Date on or after the second Distribution Date after the first possible Optional Termination Date, 0.630% per annum.

  • 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-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 A-2 Rate means 0.48% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).

  • 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-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%.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Class A-2 Component The Component having such designation.

  • Class A-2b Rate means, for any Distribution Date and the related Accrual Period, the Benchmark for the related Accrual Period plus 0.60% 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%.

  • Class A-2 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.1000%.

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Class A-1 Rate means 2.25000% 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-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2 Note Rate With respect to any Payment Date, the per annum rate equal to the lesser of (i) the Class A-2 Formula Note Rate and (ii) the Class A-2 Net WAC Cap Rate for such Payment Date.

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

  • Class A-3 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.205%.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

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

  • Certificate Margin As to any Class of LIBOR Certificates, the respective amount set forth below: Certificate Margin Class (1) (2) A1 0.255% 0.510% A1A 0.390% 0.780% A2 0.130% 0.260% A3 0.290% 0.580% A4 0.500% 1.000% M1 0.600% 0.900% M2 1.250% 1.875% M3 1.500% 2.250% M4 2.000% 3.000% M5 2.250% 3.375% M6 3.500% 5.250% M7 3.000% 4.500%

  • Class M-1 Interest Carry Forward Amount As of any Distribution Date, the sum of (1) the excess of (A) the Class M-1 Current Interest with respect to prior Distribution Dates over (B) the amount actually distributed to the Class M-1 Certificates with respect to interest on such prior Distribution Dates and (2) interest on such excess (to the extent permitted by applicable law) at the Class M-1 Pass-Through Rate for the related Accrual Period.

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

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class M-4 Pass-Through Rate For the first Distribution Date, ____% per annum. As of any Distribution Date thereafter, the lesser of (1) One-Month LIBOR plus the Class M-4 Margin and (2) the Weighted Average Available Funds Cap for such Distribution Date.