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 means [ ]% per annum.
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 has the meaning assigned to such term in the Indenture.
Class B Interest Rate means 4.94% per annum.
Class B Interest Rate means, with respect to any Interest Period, a rate per annum equal to LIBOR, as determined by the Calculation Agent on the LIBOR Determination Date with respect to such Interest Period, plus 0.75%.
Class B Interest Rate means ____% per annum; provided, however, the per annum rate shall be increased by 0.50% beginning on the first Payment Date following the end of any Collection Period on which the Pool Balance is equal to or less than 10% of the Original Pool Balance if the Class B Notes will not be redeemed on such Payment Date.
Class B Interest Rate means 0.68% per annum in excess of LIBOR as determined on the related LIBOR Determination Date.
Class B Interest Rate means 6.45% per annum.
Class B Interest Rate means 6.51% per annum.