Class B Note Rate definition

Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

Class B Note Rate means 3.94% per annum.

Class B Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.50% per annum with respect to the Class B Notes.

Examples of Class B Note Rate in a sentence

• Interest shall accrue on the Class B Shortfall at the Class B Note Rate.

• If the Issuer defaults in a payment of interest on any class of Notes entitled thereto, such defaulted interest shall itself bear interest (to the extent lawful) at the Class A Note Rate, Class B Note Rate or Class C Note Rate, as applicable.

• If the Issuer defaults in a payment of interest on any class of Notes entitled thereto, such defaulted interest shall itself bear interest (to the extent lawful) at the Class A Note Rate, Class B Note Rate, Class C Note Rate or Class D Note Rate, as applicable.

• Interest on the outstanding Series 2018-1 Class B Principal Amount shall accrue during any Interest Accrual Period at the Series 2018-1 Class B Note Rate, calculated on the basis of 12 months of 30 days , or calculated on the basis of a three hundred sixty (360) day year for the actual number of calendar days during the stub period from the Closing Date to the First Interest Payment Date.

• A TCP or a UDP flow is labeled as a client flow if an address from a Known Network sends traffic from a non-service port to a service port (as defined by IANA [13]), and we define a server flow in a similar manner.

More Definitions of Class B Note Rate

Class B Note Rate means 1.41% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

Class B Note Rate means, for any Interest Period, the weighted average of the sum of (a) the weighted average (by outstanding principal balance) of the Class B CP Rates applicable to the Class B CP Tranche and (b) the Reference Rate applicable to the Class B Reference Rate Tranche in each case, for such Interest Period; provided, however, that the Class B Note Rate will in no event be higher than the maximum rate permitted by applicable law.

Class B Note Rate means 2.87% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

Class B Note Rate means 2.21% per annum.

Class B Note Rate means 6.03% per annum.

Class B Note Rate means 2.29% per annum.

Class B Note Rate means 7.02% per annum.