A-4 Note Rate means 0.87% per annum, computed on the basis of a 360-day year of twelve 30-day months.
A-4 Note Rate means, for each Interest Period, a rate per annum equal to One-Month LIBOR for that Interest Period plus 0.04% per annum, computed on the basis of the actual number of days in that Interest Period and a year of 360 days.
Examples of A-4 Note Rate in a sentence
The Issuing Entity shall pay interest on overdue installments of interest at the A-4 Note Rate to the extent lawful.
The Issuing Entity will pay interest on this Note at the A-4 Note Rate, on each Payment Date until the principal of this Note is paid or made available for payment, on the principal amount of this Note outstanding on the preceding Payment Date (after giving effect to all payments of principal made on the preceding Payment Date), subject to certain limitations contained in Section 3.1 of the Indenture.
More Definitions of A-4 Note Rate
A-4 Note Rate means, for each Interest Period, a rate per annum equal to One-Month LIBOR for that Interest Period plus 0.36% per annum, computed on the basis of the actual number of days in that Interest Period and a year of 360 days.