Increase in Interest Rate. Notwithstanding the definition of Certificate Interest Rate set forth above, if any Class A-R, Class B-R or Class C-R Certificate in this Series is not repaid by its Scheduled Maturity, then, for any Accrual Period commencing on or after such Scheduled Maturity, the Certificate Interest Rate on such Certificate shall be increased by 1.00%.
Appears in 4 contracts
Sources: Trust Agreement (Point West Capital Corp), Supplement to Trust Agreement (Point West Capital Corp), Supplement to Trust Agreement (Point West Capital Corp)
Increase in Interest Rate. Notwithstanding the definition of Certificate Interest Rate set forth above, if any Class A-R, Class B-R, Class C1-R or Class CC2-R Certificate in this Series is not repaid by its Scheduled Maturity, then, for any Accrual Period commencing on or after such Scheduled Maturity, the Certificate Interest Rate on such Certificate shall be increased by 1.00%.
Appears in 4 contracts
Sources: Supplement to Trust Agreement (Point West Capital Corp), Trust Agreement (Point West Capital Corp), Trust Agreement (Point West Capital Corp)