Class D Rate definition

Class D Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class D Rate means 3.04% per annum.
Class D Rate means 6.00% per annum. Interest with respect to the Class D 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.

Examples of Class D Rate in a sentence

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

  • In accordance with the foregoing, the Master Servicer may, whenever an Obligor has become delinquent or the Master Servicer believes an Obligor may become delinquent, in order to preserve the ultimate collectability of amounts due on a Contract, modify the payment schedule on any Contract by reducing the APR on such Contract without the consent of any Rating Agency; provided, however, that the new APR shall not be less than the sum of (i) the Class D Rate and (ii) the Servicing Fee Percent.

  • Persons who become pensionable employees of a Local Authority who are liable to pay the Class D Rate of PRSI contribution will be required in respect of their superannuation to contribute to the Local Authority at the rate of 5% of their pensionable remuneration.

  • The agency purposely left these seats effective in the final rule since they were not targeted for immediate replacement at that time.

  • The Class A-1 Notes, the Class A-2[a] Notes, [the Class A-2b Notes,] the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes and the Class D Notes shall accrue interest during each Accrual Period at the Class A-1 Rate, the Class A-2[a] Rate, [the Class A-2b Rate,] the Class A-3 Rate, the Class A-4 Rate, the Class B Rate, the Class C Rate and the Class D Rate, respectively, and such interest shall be due and payable on each Distribution Date.


More Definitions of Class D Rate

Class D Rate means 6.00% per annum.
Class D Rate means 2.47% per annum.
Class D Rate. With respect to any Class D Note, the floating per annum rate at which interest accrues on such Note for any Interest Accrual Period, which shall be equal to LIBOR for the related Interest Accrual Period plus 1.55% per annum.
Class D Rate means % annum.
Class D Rate means 4.15% per annum.
Class D Rate has the meaning set forth in the Sale and Servicing Agreement.
Class D Rate means 3.87% per annum.