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 0.00%.
Class B Note Interest Rate means a per annum rate of 1.62%.

Examples of Class B Note Interest Rate in a sentence

  • The Issuer will pay interest on the unpaid principal amount of this Note at the Class B Note Interest Rate on each Payment 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 means the annual rate of interest payable with respect to the Class B Notes, which shall be equal to 3.34% for the first Remittance Date and thereafter shall be equal to LIBOR plus 1.50% per annum.
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 has the meaning assigned to such term in the Indenture.
Class B Note Interest Rate means, for any Interest Period with respect to the Class B Notes, a
Class B Note Interest Rate means, from the Closing Date through May 14, 2002, and, with respect to each Note Interest Period, a per annum rate equal to 0.39% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
Class B Note Interest Rate means a rate per annum equal to [ ]%.]
Class B Note Interest Rate means 4.67% per annum.