Class C Interest Rate definition
Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class C Interest Rate means % per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).
Class C Interest Rate has the meaning assigned to such term in the Indenture.
Examples of Class C Interest Rate in a sentence
The Issuer shall pay interest on overdue installments of interest at the Class C Interest Rate to the extent lawful.
Any accrued interest which is not paid on any Distribution Date following the occurrence of an Event of Default and arising during the continuance of a Restricting Event, together with interest thereon at the Series 1996-3 Class C Interest Rate, will be due on the Maturity Date; although such amounts may be paid on earlier Distribution Dates as provided in the preceding sentence.
The Issuer will pay interest on this Note at the Class C Interest Rate.
More Definitions of Class C Interest Rate
Class C Interest Rate means 5.28% per annum.
Class C Interest Rate means 3.80% per annum.
Class C Interest Rate means 7.50% per annum.
Class C Interest Rate means 4.78% per annum.
Class C Interest Rate means, with respect to any Interest Period, a rate per annum equal to LIBOR, as determined by the Calculation Agent on the LIBOR Determination Date with respect to such Interest Period, plus 1.50%.
Class C Interest Rate means 4.98%.
Class C Interest Rate means the rate designated as such in the --------------------- Class C Supplemental Agreement, such rate not to exceed LIBOR plus 1.00% per annum.