Class A-4 Interest Rate definition

Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-4 Interest Rate means 1.29% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-4 Interest Rate means % per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

Examples of Class A-4 Interest Rate in a sentence

  • All bid prices, amounts and descriptive information must be legibly entered.

  • The Issuer will pay interest on this Note at the Class A-4 Interest Rate.

  • For its duration, the Class A-2, Class A-3 and Class A-4 Interest Rate Cap pays the Trust the product of (i) the excess, if any, of the then current 1-month LIBOR rate (not to exceed the cap ceiling) over the cap strike (on an Actual/360 day count basis) and (ii) the Class A-2, Class A-3 and Class A-4 Interest Rate Cap Notional Balance ("the Class A-2, Class A-3 and Class A-4 Interest Rate Cap Payment") as described on the schedule herein.

  • For purposes of determining the amount available to be withdrawn from the Reserve Account to pay the Class A-4 Interest Payment Amount, the Class A-4 Interest Rate will be calculated at the fixed swap rate of 4.49228% per annum.

  • The Owner Trustee shall pay interest on overdue installments of interest at the Class A-4 Interest Rate to the extent lawful.


More Definitions of Class A-4 Interest Rate

Class A-4 Interest Rate means 5.05% per annum.
Class A-4 Interest Rate means [the sum of LIBOR +] [ ]% per annum (computed on the basis of [the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year] [a 360-day year of twelve 30-day months]).
Class A-4 Interest Rate means 3.00% per annum.
Class A-4 Interest Rate means 6.400% per annum.
Class A-4 Interest Rate means [_____]% per annum.
Class A-4 Interest Rate means _______% per annum; provided, however, the per annum rate shall be increased by ______% beginning on the first Payment Date on which the Note Balances (after giving effect to all payments of principal on such Payment Date) will be less than 10% of the Initial Note Balances if the Class A-4 Notes will not be redeemed on such Payment Date.
Class A-4 Interest Rate means [ ]% per annum (calculated on the basis of a year of 360 days and twelve 30-day months).