Class A Note Rate means 2.97% per annum.
Class A Note Rate means, for any Interest Period, the weighted average of the sum of (a) the weighted average (by outstanding principal balance) of the Class A CP Rates applicable to the Class A CP Tranche and (b) the Reference Rate applicable to the Class A Reference Rate Tranche in each case, for such Interest Period; provided, however, that the Class A Note Rate will in no event be higher than the maximum rate permitted by applicable law.
Class A Note Rate means 3.15% per annum.
Examples of Class A Note Rate in a sentence
The Issuer will pay interest on this Class A Note at the Class A Note Rate (as defined in the Indenture) on each Payment Date until the principal of this Class A Note is paid or made available for payment, which interest will be computed on the basis set forth in the Indenture.
More Definitions of Class A Note Rate
Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.15% per annum with respect to the Class A Notes.
Class A Note Rate means 6.48% per annum.
Class A Note Rate. As defined in the Sale and Servicing Agreement.
Class A Note Rate means, with respect to any day, a variable rate per annum equal to the sum of (i) the LIBOR Floor on such day (or if the Alternative Rate applies on such day pursuant to Section 5.17, the Alternative Rate), plus (ii) the Applicable Margin, plus, if applicable, (iii) (x) during the Amortization Period or if a Rapid Amortization Event has occurred (so long as an Event of Default has not occurred), 1.00%, or (y) if an Event of Default has occurred, 3.00%.
Class A Note Rate. With respect to any Payment Date and Accrual Period, the lesser of (i) the Class A Formula Rate and (ii) the Available Funds Cap for such Payment Date.
Class A Note Rate means 0.96% per annum.
Class A Note Rate means 2.40% per annum.