Class A-1 Rate definition

Class A-1 Rate means 2.25000% per annum (computed on the basis of the actual number of days elapsed during the relevant Interest Period and a 360‑day year).
Class A-1 Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed and a 360-day year).
Class A-1 Rate means [ ]% per annum.

Examples of Class A-1 Rate in a sentence

  • The Issuer shall pay interest on overdue installments of interest at the Class A-1 Rate to the extent lawful.


More Definitions of Class A-1 Rate

Class A-1 Rate has the meaning set forth in the Sale and Servicing Agreement.
Class A-1 Rate means, for any Accrual Period after the initial Accrual Period, Three-Month LIBOR, as determined on the second Business Day before the beginning of the applicable Accrual Period, minus 0.03%, based on an Actual/360 accrual method. For the initial Accrual Period, the Class A-1 Rate shall mean the Initial Accrual Rate minus 0.03%, based on an Actual/360 accrual method.
Class A-1 Rate means 0.19000% per annum.
Class A-1 Rate means [ ]% per annum. Interest with respect to the Class A-1 Notes shall be computed on the basis of actual days elapsed in the applicable Interest Period divided by 360 for all purposes of the Basic Documents.
Class A-1 Rate means 1.10% per annum, computed on the basis of the actual number of days in the related Interest Period and a 360-day year.
Class A-1 Rate means 0.67000% per annum.
Class A-1 Rate means 0.21000% per annum.