Class PEZ Component C. The portion of the Class C Regular Interest equal to the Class C-PEZ Percentage Interest of the Class C Regular Interest.
Class C Component The Component having such designation.
Class A-2 Component The Component having such designation.
Class B Component The Component having such designation.
Class A-4 Component The Component having such designation.
Class A-1 Component The Component having such designation.
Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.
Class D Component The Component having such designation.
Class A-S Component The Component having such designation.
Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.
Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.
Class X-A Pass-Through Rate For any Distribution Date, the weighted average of Class X Strip Rates for the Class X-A Components for such Distribution Date (weighted on the basis of the respective Component Notional Amounts of such Components outstanding immediately prior to such Distribution Date).
Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.
Lower Tier REMIC Regular Interest As specified in the Preliminary Statement.
Class A-4 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.469%.
Class X-D Pass-Through Rate For any Distribution Date, the weighted average of the Class X Strip Rates for the Class X-D Components for such Distribution Date (weighted on the basis of the respective Component Notional Amounts of such Components outstanding immediately prior to such Distribution Date).
Class R-III Interest The uncertificated Residual Interest in REMIC III.
Regular interest A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.
Class X-B Pass-Through Rate For any Distribution Date, the Class X Strip Rate for the Class X-B Component for such Distribution Date.
Class B-1 Pass-Through Rate For the first Distribution Date, 6.4350% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-1 Margin, (2) the Weighted Average Available Funds Cap for such Distribution Date and (3) the Weighted Average Maximum Rate Cap for such Distribution Date.
Class A-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.8600%.
Class C Pass-Through Rate For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.
Class C Deficiency Amount is defined in Section 4.1(c).
Class B-2 Pass-Through Rate For the first Distribution Date, 6.850% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-2 Margin,
REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.
Upper-Tier Regular Interest As described in the Preliminary Statement.
Class D Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.