Class B Note Interest Rate definition

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%.
Class B Note Interest Rate means a per annum rate of 2.50%.

Examples of Class B Note Interest Rate in a sentence

  • Issuer will pay interest on the unpaid principal amount of this Note at the Class B Note Interest Rate on each Distribution Date until the principal amount of this Note is paid in full.


More Definitions of Class B Note Interest Rate

Class B Note Interest Rate has the meaning assigned to such term in the Indenture.
Class B Note Interest Rate means the annual rate of interest payable with respect to the Class B Notes, which shall be equal to LIBOR plus 5.00% per annum.
Class B Note Interest Rate means 0.0%.
Class B Note Interest Rate means a per annum rate of 1.62%.
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 a per annum rate of 3.64%.
Class B Note Interest Rate means, for any Interest Period with respect to the Class B Notes, aper annum rate equal to 2.27%.