Class A-3 Rate definition

Class A-3 Rate means [ ]% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.
Class A-3 Rate means _____% per annum.
Class A-3 Rate means, for any Accrual Period after the initial Accrual Period, Three-Month LIBOR, as determined on the second Business Day before the beginning of the applicable Accrual Period, plus 0.05%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A-3 Rate shall mean the Initial Accrual Rate plus 0.05%, based on an Actual/360 accrual method.

Examples of Class A-3 Rate in a sentence

  • The Issuer shall pay interest on overdue installments of interest at the Class A-3 Rate to the extent lawful.


More Definitions of Class A-3 Rate

Class A-3 Rate means [ ]% per annum. Interest with respect to the Class A-3 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months for all purposes of the Basic Documents.
Class A-3 Rate means 0.97% per annum.
Class A-3 Rate has the meaning set forth in the Sale and Servicing Agreement.
Class A-3 Rate means 3.13% per annum.
Class A-3 Rate means 5.23% per annum.
Class A-3 Rate means [____]% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).
Class A-3 Rate means 2.98% per annum.