Class C 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].
Examples of Class C Note Interest Rate in a sentence
If the Class C Interest Shortfall with respect to any Payment Date is greater than zero, on each subsequent Payment Date until such Class C Interest Shortfall is fully paid, an additional amount (“Class C Additional Interest”) equal to the product of (i) 1/12, (ii) the Class C Note Interest Rate and (iii) such Class C Interest Shortfall (or the portion thereof which has not been paid to the Class C Noteholders) shall be payable as provided herein with respect to the Class C Notes.
More Definitions of Class C Note Interest Rate
Class C Note Interest Rate means, for any Interest Period with respect to the Class C Notes, aper annum rate equal to 3.086%.
Class C Note Interest Rate with respect to any Interest Accrual Period, the rate at which interest accrues on the Class C Notes, which rate shall be ____% per annum.
Class C Note Interest Rate means, from the Closing Date through May 14, 2003, and, with respect to each Note Interest Period, a per annum rate equal to 1.30% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
Class C Note Interest Rate means the annual rate of interest payable with respect to the Class C Notes, which shall be equal to LIBOR plus 5.50% per annum.
Class C Note Interest Rate means, from the Closing Date through 200_, and, with respect to each Note Interest Period, a per annum rate equal to % per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
Class C Note Interest Rate means 0.0%.
Class C Note Interest Rate means a per annum rate of 0.00% or the rate specified by the Transferor pursuant to Section 4.02(b).