Class C Rate definition

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

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Class C Rate means 3.74% per annum.

Class C Rate means 5.61% per annum.

Examples of Class C Rate in a sentence

The Issuer shall pay interest on overdue installments of interest at the Class C Rate to the extent lawful.
Class C Capitalized Interest shall be added to the principal amount of the Class C Notes, shall bear interest thereafter at the Class C Rate (to the extent lawful) and shall be payable on the first Payment Date on which funds are permitted to be used for such purpose in accordance with the Priority of Payments.
The determination of the Class A Rate, Class B Rate and Class C Rate and the related Class A Interest Distribution Amount, Class B Interest Distribution Amount and Class C Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.
Interest on the Class C Notes shall accrue at the Class C Rate and shall be computed on the basis of the actual number of days in the related Interest Accrual Period divided by 360.
Notwithstanding the foregoing, until JCPR shall make the designation referred to in the definition of "Class C Rate," no interest shall be payable with respect to the Class C Investor Interest.

Class C Rate means 4.29% per annum.

Class C Rate means [ ]% per annum.

Class C Rate means 6.20% per annum. Interest with respect to the Class C Certificates shall be computed on the basis of a 360-day year consisting of twelve 30-day months for all purposes of the Basic Documents.

Class C Rate means 2.60% per annum.

Class C Rate has the meaning set forth in the Sale and Servicing Agreement.

Class C Rate means 2.46% per annum.

Class C Rate. With respect to any Class C Note, the per annum rate at which interest accrues on such Note for any Interest Accrual Period, which shall be equal to (a) one-month LIBOR for the related Interest Accrual Period plus (b) 2.35% per annum.