Class A Rate definition
Examples of Class A Rate in a sentence
The Issuer shall pay interest on this Note at the rate per annum equal to the Class A Rate (as defined on the reverse hereof), 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), subject to certain limitations contained in Section 3.1 of the Indenture.
The determination of the Class A Rate, Class B Rate and Class C Rate and the related Class A Interest Distribution Amount, Class B Interest Distribution Amount and Class C Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.
The determination of the Class A Rate and Class B Rate and the related Class A Interest Distribution Amount and Class B Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.
On or before each Class A Rate Determination Date, each Managing Agent shall determine the CP Rate and the Assignee Rate applicable for the related Interest Period with respect to its Purchaser Group.
Subject to the terms and conditions of the Limited Partnership Agreement, the proceeds from the Investment Fund will be first distributed to the Class A Investor(s) until they have received a pre-determined preferred rate of return (“Class A Rate of Return”) on its capital contribution before then distributing proceeds to Alibaba Pictures until it has received a rate of return equivalent to Class A Rate of Return on its capital contribution.