Certificate Margin definition

Certificate Margin. As to any Class of LIBOR Certificates, the respective amount set forth below: Class Certificate Margin A-1 0.225% 0.450% A-2 0.290% 0.580% A-3 0.080% 0.160% A-4 0.240% 0.480% M-1 0.320% 0.640% M-2 0.430% 0.645% M-3 0.450% 0.675% M-4 0.480% 0.720% M-5 0.620% 0.930% M-6 0.650% 0.975% M-7 0.710% 1.065% M-8 1.650% 2.475% M-9 2.150% 3.225% M-10 2.250% 3.375% M-11 2.250% 3.375%
Certificate Margin. With respect to the Class I-A Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.260% per annum and (B) after the Optional Termination Date, 0.520% per annum. With respect to the Class II-A1 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.110% per annum and (B) after the Optional Termination Date, 0.220% per annum. With respect to the Class II-A2 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.190% per annum and (B) after the Optional Termination Date, 0.380% per annum. With respect to the Class II-A3 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.250% per annum and (B) after the Optional Termination Date, 0.500% per annum. With respect to the Class II-A4 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.360% per annum and (B) after the Optional Termination Date, 0.720% per annum. With respect to the Class M-1 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.470% per annum and (B) after the Optional Termination Date, 0.705% per annum. With respect to the Class M-2 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.550% per annum and (B) after the Optional Termination Date, 0.825% per annum. With respect to the Class M-3 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.750% per annum and (B) after the Optional Termination Date, 1.125% per annum. With respect to the Class M-4 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 1.350% per annum and (B) after the Optional Termination Date, 2.025% per annum. With respect to the Class M-5 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 1.700% per annum and (B) after the Optional Termination Date, 2.550% per annum. With respect to the Class M-6 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 2.250% per annum and (B) after the Optional Termination Date, 3.375% per annum. With respect to the Class M-7 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 2.250% per annum and (B) after the Optional Termination Date, 3.375% per annum. With respect to the Class M-8 Certificates on each Distribution Date (A) on or prior to the Optional Ter...
Certificate Margin. As to each Class of LIBOR Certificates, the applicable amount set forth below:

Examples of Certificate Margin in a sentence

  • The Mortgage Margin, lifetime Mortgage Loan interest rate cap and lifetime Mortgage Loan interest rate floor will equal the related Certificate Margin, Lifetime Certificate Interest Rate Cap and Lifetime Certificate Interest Rate Floor, as applicable, plus the Servicing and Guar- anty Fee Rate, each as shown in Exhibit C.

  • The Certificate Margin is the margin of the Mortgage Loans underlying the related Trust MBS net of the Servicing and Guaranty Fee Rate.

  • The Mortgage Margin, lifetime Mortgage Loan interest rate cap and lifetime Mortgage Loan interest rate floor will equal the related Certificate Margin, Lifetime Certificate Interest Rate Cap and Lifetime Certificate Interest Rate Floor, as applicable, plus the Servicing and Guar- anty Fee Rate, each as shown in Exhibit A.

  • The Mortgage Margin, lifetime Mortgage Loan interest rate cap and lifetime Mortgage Loan interest rate floor will equal the related Certificate Margin, Lifetime Certificate Interest Rate Cap and Lifetime Certificate Interest Rate Floor, as applicable, plus the Servicing and Guar­ anty Fee Rate, each as shown in Exhibit C.

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More Definitions of Certificate Margin

Certificate Margin. With respect to the Class A Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest A, 0.150% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 0.300% per annum in the case of each Distribution Date thereafter. With respect to the Class M-1 Certificates and, for purposes of the definition of “One- Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-1, 0.350% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 0.525% per annum in the case of each Distribution Date thereafter. With respect to the Class M-2 Certificates and, for purposes of the definition of “One- Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-2, 0.400% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 0.600% per annum in the case of each Distribution Date thereafter. With respect to the Class M-3 Certificates and, for purposes of the definition of “One- Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-3, 0.430% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 0.645% per annum in the case of each Distribution Date thereafter. With respect to the Class M-4 Certificates and, for purposes of the definition of “One- Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-4, 0.570% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 0.855% per annum in the case of each Distribution Date thereafter. With respect to the Class M-5 Certificates and, for purposes of the definition of “One- Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-5, 0.600% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 0.900% per annum in the case of each Distribution Date thereafter. With respect to the Class M-6 Certificates and, for purposes of the definition of “One- Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-6, 0.700% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 1.050% per annum in the case of each Distribution Date thereafter.
Certificate Margin. As to each Class of LIBOR Certificates, the applicable amount set forth below: Class of LIBOR Certificates Certificate Margin
Certificate Margin. With respect to each Class of Floating Rate Certificates and for purposes of the Marker Rate and the Maximum Uncertificated Accrued Interest Deferral Amount, the specified REMIC 3 Regular Interest, as follows: Class REMIC 3 Regular Interest Certificate Margin (1) (%) (2) (%) I-A-1 LTIA1 0.1400% 0.2800% IX-X-0 XXXXX0 0.0700% 0.1400% IX-X-0 XXXXX0 0.1200% 0.2400% IX-X-0 XXXXX0 0.1700% 0.3400% IX-X-0 XXXXX0 0.2400% 0.4800% M-1 LTM1 0.2600% 0.3900% M-2 LTM2 0.3100% 0.4650% M-3 LTM3 0.3700% 0.5550% M-4 LTM4 0.4000% 0.6000% M-5 LTM5 0.4100% 0.6150% M-6 LTM6 0.4800% 0.7200% M-7 LTM7 0.8000% 1.2000% M-8 LTM8 1.0500% 1.5750% M-9 LTM9 2.2000% 3.3000% M-10 LTM10 2.3000% 3.4500% __________
Certificate Margin. With respect to each Class A Certificate and Mezzanine Certificate and, for purposes of the Marker Rate, the specified REMIC II Regular Interest, as follows: Class REMIC II Regular Interest Certificate Margin (1) (%) (2) (%) X-0 XX-XXX0 0.070% 0.140% X-0 XX-XXX0 0.110% 0.220% X-0 XX-XXX0 0.180% 0.360% X-0 XX-XXX0 0.270% 0.540% M-1 II-LTM1 0.330% 0.495% M-2 II-LTM2 0.350% 0.525% M-3 II-LTM3 0.370% 0.555% M-4 II-LTM4 0.470% 0.705% M-5 II-LTM5 0.500% 0.750% M-6 II-LTM6 0.570% 0.855% M-7 II-LTM7 1.050% 1.575% M-8 II-LTM8 1.300% 1.950% M-9 II-LTM9 2.200% 3.300% M-10 _II-LTM10 2.500% 3.750% __________
Certificate Margin. With respect to the Adjustable-Rate Certificates and, for purposes of the Marker Rate, the specified REMIC II Regular Interest, as follows:
Certificate Margin. With respect to each Class of Adjustable-Rate Certificates and for purposes of the Marker Rate and the Maximum I-LTZZ Uncertificated Interest Deferral Amount, the specified REMIC I Regular Interest, as follows:
Certificate Margin. With respect to the Floating Rate Certificates and for purposes of the Marker Rate and the Maximum LTZZ Uncertificated Interest Deferral Amount, the specified REMIC II Regular Interest as follows: Class REMIC II Regular Interest Certificate Margin (1) (%) (2) (%) A-1 LTA1 0.040 0.080 A-2A LTA2A 0.150 0.300 X-0X XXX0X 0.000 0.000 X-0 XXX0 0.220 0.440 M-1 LTM1 0.270 0.405 M-2 LTM1 0.280 0.420 M-3 LTM3 0.310 0.465 M-4 LTM4 0.360 0.540 M-5 LTM5 0.380 0.570 M-6 LTM6 0.430 0.645 M-7 LTM7 0.790 1.185 M-8 LTM8 0.910 1.365 M-9 LTM9 1.600 2.400 M-10 LTM10 2.500 3.750 M-11 LTM11 2.500 3.750 __________