Class A-3 Note Rate definition
Examples of Class A-3 Note Rate in a sentence
The Company will pay interest on this Class A-3 Note at the Class A-3 Note Rate.
The Issuer shall pay interest on overdue installments of interest at the Class A-3 Note Rate to the extent lawful.
The Issuer will pay interest on this Note at the Class A-3 Note Rate shown above on each Distribution Date until the principal of this Note is paid or made available for payment, on the principal amount of this Note outstanding on the preceding Distribution Date (after giving effect to all payments of principal made on the preceding Distribution Date), or on the Closing Date in the case of the first Distribution Date, subject to certain limitations contained in the Indenture.
Interest shall accrue on the portion of the Series 2003-3 Shortfall allocable to the Class A-1 Notes at the Class A-1 Note Rate, on the portion of the Series 2003-3 Shortfall allocable to the Class A-2 Notes at the Class A-2 Note Rate and on the portion of the Series 2003-3 Shortfall allocable to the Class A-3 Notes at the Class A-3 Note Rate.
On each LIBOR Determination Date, the Calculation Agent shall determine the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for the next succeeding Series 2005-2 Interest Period and deliver notice of the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate to the Trustee and the Administrator.