Class B Interest Rate definition
Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class B Interest Rate means % per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).
Class B Interest Rate has the meaning assigned to such term in the Indenture.
Examples of Class B Interest Rate in a sentence
The outstanding principal balance of each Class A Advance shall bear interest at the Class A Interest Rate and the outstanding principal balance of each Class B Advance shall bear interest at the Class B Interest Rate.
More Definitions of Class B Interest Rate
Class B Interest Rate means [ ]% per annum.
Class B Interest Rate means 4.94% per annum.
Class B Interest Rate means 8.09% per annum.
Class B Interest Rate means 6.45% per annum.
Class B Interest Rate means 0.60% per annum in excess of LIBOR as determined on the related LIBOR Determination Date.
Class B Interest Rate means [One-Month LIBOR plus][ ]% per annum (computed on the basis of [the actual number of days elapsed and on] a 360-day year [of twelve 30-day months]).
Class B Interest Rate means 6.51% per annum.