TRIGGERING EVENT RATE definition
TRIGGERING EVENT RATE means nine and one-half percent (9.5%) per annum.
TRIGGERING EVENT RATE means ten and one-half percent (10.5%) per annum.
TRIGGERING EVENT RATE means the sum of (a) the Coupon Rate, plus (b) two percentage points.
More Definitions of TRIGGERING EVENT RATE
TRIGGERING EVENT RATE means (i) with respect to the Tranche A Notes and the Tranche B Notes, ten and one-half percent (10.5%) per annum; and (ii) with respect to the Tranche C Notes, the greater of: (a) ten and one-half percent (10.5%) per annum, or (b) two and nine-tenths percentage points (2.90) above the Treasury Rate as of the Tranche C Closing Date for notes having a maturity of three years from the date of issuance thereof.
TRIGGERING EVENT RATE means a per annum interest rate equal to three percentage points above the Coupon Rate.
TRIGGERING EVENT RATE means the sum of (i) the Coupon Rate then in effect, and (ii) two percent (2.0%) per annum.