Class C Interest Rate definition

Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

Class C Interest Rate means % per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

Class C Interest Rate has the meaning assigned to such term in the Indenture.

Examples of Class C Interest Rate in a sentence

• The Issuer shall pay interest on overdue installments of interest at the Class C Interest Rate to the extent lawful.

• The Management Company shall notify the Class A Interest Rate, the Class B Interest Rate, the Class C Interest Rate, the Class D Interest Rate, the Class E Interest Rate and the Class F Interest Rate to the Paying Agent at least one (1) Business Day in advance to each Payment Date (or such other date as agreed between the Management Company and the Paying Agent from time to time), and shall notify them in writing on that same date to the Lead Manager.

• Any accrued interest which is not paid on any Distribution Date following the occurrence of an Event of Default and arising during the continuance of a Restricting Event, together with interest thereon at the Series 1996-3 Class C Interest Rate, will be due on the Maturity Date; although such amounts may be paid on earlier Distribution Dates as provided in the preceding sentence.

• The Issuer will pay interest on this Note at the Class C Interest Rate.

• It is recommended that Service Coordinators help parents organize anotebook on the child that can hold the Parent Handbook, Notice of Child and Family Rights, health records, evaluation results, medical reports, letters, notices of meetings, the Individualized Family Service Plan, and other important documents.

More Definitions of Class C Interest Rate

Class C Interest Rate means 7.50% per annum.

Class C Interest Rate means 5.28% per annum.

Class C Interest Rate means 4.14% per annum.

Class C 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 1.50%.

Class C Interest Rate means 3.80% per annum.

Class C Interest Rate means the rate designated as such in the --------------------- Class C Supplemental Agreement, such rate not to exceed LIBOR plus 1.00% per annum.

Class C Interest Rate means [____]% per annum (calculated on the basis of a year of 360 days and twelve 30-day months).