Class B Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
Class B Note Interest Rate means, for any Interest Period with respect to the Class B Notes, a per annum rate equal to 0%.
Examples of Class B Note Interest Rate in a sentence
If the Class B Interest Shortfall with respect to any Payment Date is greater than zero, on each subsequent Payment Date until such Class B Interest Shortfall is fully paid, an additional amount (“Class B Additional Interest”) equal to the product of (i) 1/12, (ii) the Class B Note Interest Rate and (iii) such Class B Interest Shortfall (or the portion thereof which has not been paid to the Class B Noteholders) shall be payable as provided herein with respect to the Class B Notes.
More Definitions of Class B Note Interest Rate
Class B Note Interest Rate means the annual rate of interest payable with respect to the Class B Notes, which shall be equal to 2.34% for the first Remittance Date and thereafter shall be equal to LIBOR plus 0.43% per annum.
Class B Note Interest Rate has the meaning assigned to such term in the Indenture.
Class B Note Interest Rate means 5.40% per annum.
Class B Note Interest Rate means a per annum rate of 0.45% in excess of LIBOR as determined (i) on August 14, 2001, for the period from and including the Closing Date through and excluding September 17, 2001 and (ii) on the related LIBOR Determination Date with respect to each Interest Period thereafter.
Class B Note Interest Rate means 0.0%.