Class A-4 Interest Rate definition

Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
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Class A-4 Interest Rate means [ ]% per annum.
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Class A-4 Interest Rate means 1.39% per annum (computed on the basis of a 360-day year of twelve 30-day months).
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Examples of Class A-4 Interest Rate in a sentence

  • The Issuer shall pay interest on overdue installments of interest at the Class A-4 Interest Rate to the extent lawful.

  • The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes shall accrue interest during each Interest Period at the Class A-1 Interest Rate, the Class A-2 Interest Rate, the Class A-3 Interest Rate and the Class A-4 Interest Rate, respectively, and such interest shall be payable on each related Distribution Date as specified in the applicable Note by applying amounts available pursuant to Section 5.06 of the Sale and Servicing Agreement and Section 3.01 of this Indenture.

  • The Issuer will pay interest on this Note at the Class A-4 Interest Rate.

  • For its duration, the Class A-2, Class A-3 and Class A-4 Interest Rate Cap pays the Trust the product of (i) the excess, if any, of the then current 1-month LIBOR rate (not to exceed the cap ceiling) over the cap strike (on an Actual/360 day count basis) and (ii) the Class A-2, Class A-3 and Class A-4 Interest Rate Cap Notional Balance ("the Class A-2, Class A-3 and Class A-4 Interest Rate Cap Payment") as described on the schedule herein.

  • The Owner Trustee shall pay interest on overdue installments of interest at the Class A-4 Interest Rate to the extent lawful.


More Definitions of Class A-4 Interest Rate

Class A-4 Interest Rate means 0.90% per annum, computed on the basis of a 360-day year of twelve 30-day months.
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Class A-4 Interest Rate means 3.16% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).
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Class A-4 Interest Rate means [the sum of LIBOR +] [ ]% per annum (computed on the basis of [the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year] [a 360-day year of twelve 30-day months]).
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Class A-4 Interest Rate means 1.31% per annum.
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Class A-4 Interest Rate means 1.51% per annum (computed on the basis of a 360-day year consisting of twelve (12) 30-day months).
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Class A-4 Interest Rate means 3.00% per annum.
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Class A-4 Interest Rate means 6.150% per annum.
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