Class A Certificate Rate definition

Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.
Class A Certificate Rate means ____% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.
Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to 2.67%.

Examples of Class A Certificate Rate in a sentence

  • The amount of additional interest [at the Class A Certificate Rate] with respect to interest amounts that were due but not paid on a previous Interest Payment Date or Special Payment Date....

  • The amount of additional interest [at the Class A Certificate Rate] with respect to interest amounts that were due but not paid on a previous Interest Payment Date or Special Payment Date.....

  • The "Class A Additional Interest" for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class A Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class A Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date.

  • Six Business Days before any Monthly Reset Date, the Remarketing Agent will determine the Preliminary Class A Certificate Rate pursuant to the standard set forth in the first sentence of this Subsection 5.02(b).

  • Upon such determination, the Remarketing Agent will immediately give telephonic notice of the Preliminary Class A Certificate Rate and the length of the ensuing term to each Holder requesting such notice.


More Definitions of Class A Certificate Rate

Class A Certificate Rate means for the period from the Closing ------------------------ Date through, and including December 15, 1996, 5.445% per annum, and for each Interest Period thereafter, a per annum rate of 0.07% in excess of LIBOR determined on the related LIBOR Determination Date, calculated on the basis of actual days elapsed and a 360-day year.
Class A Certificate Rate means, with respect to any Interest Accrual Period, the lesser of (i) the applicable LIBOR plus ___% per annum or (ii) the applicable Net Receivables Rate.
Class A Certificate Rate means from and including the Closing Date through but excluding August 16, 1999, from and including August 16, 1999 through but excluding September 15, 1999 and with respect to each Interest Period thereafter, a per annum rate equal to 0.125% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
Class A Certificate Rate means a per annum rate of 0.09% in ------------------------ excess of LIBOR as determined (i) on December 19, 1997 for the period from and including the Closing Date through and including January 19, 1998 and (ii) on the related LIBOR Determination Date with respect to each Interest Period thereafter.
Class A Certificate Rate means for any Interest
Class A Certificate Rate means, 6.00% of per annum.
Class A Certificate Rate means 4.60% per annum. ------------------------