Class C Rate definition

Class C Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class C Rate means 3.02% per annum.
Class C Rate means 5.61% per annum.

Examples of Class C Rate in a sentence

  • 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.


More Definitions of Class C Rate

Class C Rate means [ ]% per annum.
Class C Rate means 4.88% 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 has the meaning set forth in the Sale and Servicing Agreement.
Class C Rate means 2.60% per annum.
Class C Rate means 2.34% 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.