Stated Interest Rate definition

Stated Interest Rate. “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.

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Stated Interest Rate means (i) with respect to the Class G Certificates, 8.072% per annum and (ii) with respect to the Class C Certificates, 9.179% per annum.

Stated Interest Rate means a rate (whether fixed or variable) at which an obligation by its terms is stated to bear simple interest. Any calculation or other determination to be made under this Indenture by reference to the Stated Interest Rate on a Security shall be made without regard to the effective interest cost to the Company of such Security and without regard to the Stated Interest Rate on, or the effective cost to the Company of, any other indebtedness in respect of which the Company's obligations are evidenced or secured in whole or in part by such Security.

Examples of Stated Interest Rate in a sentence

• During any Deferral Period interest shall continue to accrue, and at the end of a Deferral Period the Company shall pay all deferred interest then accrued and unpaid, together with interest on the accrued and unpaid interest, to the extent permitted by applicable law, at a rate equal to the Stated Interest Rate calculated on the basis of a 360-day year of twelve 30-day months.

• At all times that the Default Interest Rate is not in effect, the interest rate on this Note shall be a fixed rate per annum equal to the Stated Interest Rate.

• Prior to the Anticipated Repayment Date, interest shall accrue on the Principal Amount at the Stated Interest Rate.

• The daily rate shall be equal to 1/360th times the Stated Interest Rate (but shall not exceed the Maximum Rate).

• Deferred Interest accrued pursuant to Section 3(b) of this Note shall not result in any increase in the Monthly Amounts or the Stated Interest Rate.

More Definitions of Stated Interest Rate

Stated Interest Rate means a rate (whether fixed or variable) at which an obligation by its terms is stated to bear interest. Any calculation or other determination to be made under this Indenture by reference to the Stated Interest Rate on a Debt Security shall be made without regard to the effective interest cost to the Company of such Debt Security and without regard to the Stated Interest Rate on, or the effective cost to the Company of, any other indebtedness in respect of which the Company’s obligations are evidenced or secured in whole or in part by such Debt Security.

Stated Interest Rate. Sub-Account", "Subordination Agent", "Taxes", "Threshold Rating", "Transfer", "Trust Agreements, "Trustee" and "Written Notice".

Stated Interest Rate means a rate (whether fixed or variable) at which an obligation by its terms is stated to bear simple interest. Any calculation or other determination to be made under this Indenture by reference to the Stated Interest Rate on a Security shall be made without regard to the effective interest cost to the Company of such Security and without regard to the Stated Interest Rate on, or the effective cost to the Company of, any other indebtedness the Company's obligations in respect of which are evidenced or secured in whole or in part by such Security.

Stated Interest Rate means a rate (whether fixed or variable) at which an obligation by its terms is stated to bear simple interest. Any calculation or other determination to be made under this Indenture by reference to the Stated Interest Rate on an obligation shall be made (a) if the Company's obligations in respect of any other indebtedness shall be evidenced or secured in whole or in part by such obligation, by reference to the lower of the Stated Interest Rate on such obligation and the Stated Interest Rate on such other indebtedness and (b) without regard to the effective interest cost to the Company of such obligation or of any such other indebtedness.

Stated Interest Rate. Trust," "Trust Agreement," "Controlling Party" shall be revised, as appropriate, to reflect the issuance of the Class D Certificates (and the subordination thereof); and

Stated Interest Rate means, as of any date, a rate per annum equal to 8.00%.

Stated Interest Rate means (i) with respect to the Class A-1 Certificates, 7.707% per annum, (ii) with respect to the Class A-2 Certificates, 7.487% per annum, (iii) with respect to the Class B Certificates, 8.307% per annum and (iv) with respect to the Class C Certificates, 8.312% per annum.