Class D Note Interest Rate definition

Class D Note Interest Rate means a per annum rate of [•]% [plus LIBOR].]

Class D Note Interest Rate means a per annum rate of 3.41%.

Class D Note Interest Rate means a per annum rate equal to the sum of (a) the Class D Margin Percentage and (b) LIBOR as determined on the related LIBOR Determination Date with respect to each Interest Period thereafter.

Examples of Class D Note Interest Rate in a sentence

• The Servicer shall provide, in the Monthly Statement, the Class A Note Interest Rate, the Class B Note Interest Rate, the Class C Note Interest Rate and the Class D Note Interest Rate applicable to each Distribution Date.

• The amount of monthly interest due with respect to the Class D Notes for any Distribution Date and the related Interest Period (the “ Class D Monthly Interest”) shall be calculated by the Servicer and shall be an amount equal to the product of (i) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (ii) the Class D Note Interest Rate, times (iii) the Average Class D Note Principal Balance for the related Interest Period.

• The Servicer shall provide, in the Monthly Statement, the Class A-1 Note Interest Rate, the Class A-2 Note Interest Rate, the Class B Note Interest Rate, the Class C Note Interest Rate and the Class D Note Interest Rate applicable to each Distribution Date.

• During each Interest Accrual Period, this Class D Note will bear interest at the Class D Note Interest Rate.

• The Issuer will pay interest on overdue installments of interest at the Class D Note Interest Rate to the extent lawful.

More Definitions of Class D Note Interest Rate

Class D Note Interest Rate means the annual rate of interest payable with respect to the Class D Notes, which shall be equal to LIBOR plus 1.85% per annum (calculated on the basis of a year of 360 days and actual days elapsed in the Interest Accrual Period).

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

Class D Note Interest Rate with respect to any Interest Accrual Period, the rate at which interest accrues on the Class D Notes, which rate shall be ____% per annum.

Class D Note Interest Rate means a per annum rate of 2.95%.

Class D Note Interest Rate. With respect to any Interest Period, [LIBOR for such Interest Period plus] [ ]% per annum.

Class D Note Interest Rate means, for any Interest Period, a per annum rate of 0%; provided, however, that upon notice to the Indenture Trustee and the Servicer, the Class D Note Interest Rate shall equal such other rate as shall be agreed upon by the Issuer and the Class D Noteholders from time to time.

Class D Note Interest Rate means a per annum rate of 2.36%.