Common use of Notional Principal Amount Clause in Contracts

Notional Principal Amount. The Original Notes bear interest as shown in the following table and paragraph below. The initial Class Coupons apply only to the first Accrual Period. We determine One-Month LIBOR using the ICE Method as described in Section 3.05. M-1H Reference Tranche(1) 2.20688% One-Month LIBOR + 0.80% M-2A 3.85688% One-Month LIBOR + 2.45% M-2AD 2.65688% One-Month LIBOR + 1.25% M-2AH Reference Tranche(1) 3.85688% One-Month LIBOR + 2.45% M-2B 3.85688% One-Month LIBOR + 2.45% M-2BD 2.65688% One-Month LIBOR + 1.25% M-2BH Reference Tranche(1) 3.85688% One-Month LIBOR + 2.45% M-2R(2) 2.65688% One-Month LIBOR + 1.25% M-2S(2) 2.95688% One-Month LIBOR + 1.55% M-2T(2) 3.25688% One-Month LIBOR + 1.85% M-2U(2) 3.55688% One-Month LIBOR + 2.15% M-2AR(2) 2.65688% One-Month LIBOR + 1.25% M-2AS(2) 2.95688% One-Month LIBOR + 1.55% M-2AT(2) 3.25688% One-Month LIBOR + 1.85% M-2AU(2) 3.55688% One-Month LIBOR + 2.15% M-2BR(2) 2.65688% One-Month LIBOR + 1.25% M-2BS(2) 2.95688% One-Month LIBOR + 1.55% M-2BT(2) 3.25688% One-Month LIBOR + 1.85% M-2BU(2) 3.55688% One-Month LIBOR + 2.15% M-2(2) 3.85688% One-Month LIBOR + 2.45% M-2D(2) 2.65688% One-Month LIBOR + 1.25% B-1(2) 6.00688% One-Month LIBOR + 4.60% B-1D 3.90688% One-Month LIBOR + 2.50% B-1H Reference Tranche(1) 6.00688% One-Month LIBOR + 4.60% B-2D 4.40688% One-Month LIBOR + 3.00% B-2H Reference Tranche(1) 13.15688% One-Month LIBOR + 11.75% (1) The Class M-1H, Class M-2AH, Class M-2BH, Class B-1H and Class B-2H Reference Tranches are not Notes; however, they are deemed to bear interest at the Class Coupon shown solely for purposes of calculating allocations of any Modification Gain Amounts or Modification Loss Amounts.

Appears in 3 contracts

Sources: Global Agency Agreement, Stacr Debt Agreement, Exchange Administration Agreement