Class A Certificate Rate definition

Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.
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Class A Certificate Rate means ____% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.
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Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to 2.67%.
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Examples of Class A Certificate Rate in a sentence

  • The amount of additional interest [at the Class A Certificate Rate] with respect to interest amounts that were due but not paid on a previous Interest Payment Date or Special Payment Date....

  • The amount of additional interest [at the Class A Certificate Rate] with respect to interest amounts that were due but not paid on a previous Interest Payment Date or Special Payment Date.....

  • The "Class A Additional Interest" for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class A Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class A Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date.

  • The Monthly Reset Rate may be more than, but will be at least equal to such Preliminary Class A Certificate Rate, provided that it may not exceed the Maximum Reset Rate.

  • Upon such determination, the Remarketing Agent will immediately give telephonic notice of the Preliminary Class A Certificate Rate to each Holder requesting such notice.


More Definitions of Class A Certificate Rate

Class A Certificate Rate means from the Closing Date through April 14, 1997, from April 15, 1997 through May 14, 1997 and from May 15, 1997 through June 15, 1997, and with respect to each Interest Period thereafter, a per annum rate equal to 0.11% per annum in excess of LIBOR, as determined on the related LIBOR Determination Date.
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Class A Certificate Rate means 5.71375% from and including ------------------------ December 11, 1996 through and including January 9, 1997, and with respect to each Interest Period thereafter, a per annum rate of 0.12% in excess of LIBOR as determined on the related LIBOR Determination Date.
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Class A Certificate Rate means, with respect to any Interest Accrual Period, the lesser of (i) the applicable LIBOR plus ___% per annum or (ii) the applicable Net Receivables Rate.
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Class A Certificate Rate means for the period from the Closing ------------------------ Date through, and including November 16, 1997, 5.74% per annum, and for each Interest Period thereafter, a per annum rate of .115% in excess of LIBOR determined on the related LIBOR Determination Date, calculated on the basis of actual days elapsed and a 360-day year.
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Class A Certificate Rate means for any Interest
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Class A Certificate Rate means 4.60% per annum. ------------------------
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Class A Certificate Rate means 6.87% per annum.
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