Final Maturity Reserve Rate definition

Final Maturity Reserve Rate. An annual rate of 0.80%.
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Final Maturity Reserve Rate. A per annum rate equal to the product of (i) 1.00% and (ii) a fraction, the numerator of which is the aggregate Stated Principal Balance as of the applicable Cut-off Date of the Mortgage Loans having 40-year original terms to maturity and the denominator of which is the aggregate Stated Principal Balance as of the applicable Cut-off Date of all of the Mortgage Loans.
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Final Maturity Reserve Rate. For the Mortgage Loans in Loan Group 1 and Loan Group 2, an annual rate of 0.00325% and 0.00371%, respectively. For the Mortgage Loans in Loan Group 3, an annual rate of 0.00%.
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Examples of Final Maturity Reserve Rate in a sentence

  • Excess Interest The weighted average net Mortgage Rate for the Mortgage Loans each month is generally expected to be higher than the weighted average of the Pass-Through Rates on the Offered Certificates and the Class B Certificates, the Final Maturity Reserve Rate, the Swap Fee Rate and the Class I-A4 Policy Premium Rate for the related Distribution Date.


More Definitions of Final Maturity Reserve Rate

Final Maturity Reserve Rate. Before the Distribution Date in March 2014, 0.00%. On and after each Distribution Date starting in March 2014, an annual rate equal to 1.41%.
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Final Maturity Reserve Rate. For the Group II Mortgage Loans, a fraction, expressed as a percentage, the numerator of which is equal to the Final Maturity Reserve Amount, and the denominator of which is equal to the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period.
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Final Maturity Reserve Rate. For the Mortgage Loans in Pool 1, Pool 2 and Pool 4, an annual rate of 0.0045%. For the Mortgage Loans in Pool 3, an annual rate of 0.00%.
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Final Maturity Reserve Rate. A per annum rate equal to the product of 1.00% multiplied by the quotient of (a) the aggregate Stated Principal Balance of the Group II Mortgage Loans with original terms to maturity in excess of 30 years as of the first day of the related Due Period divided by (b) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the first day of the related Due Period. Final Maturity Reserve Schedule: -------------------------------- Aggregate Aggregate Aggregate Principal Principal Principal Period Balance ($) Period Balance ($) Period Balance ($) ------ ----------- ------ ----------- ------ ----------- 121 23,280,169.14 162 12,441,171.68 203 6,571,524.59 122 22,929,598.95 163 12,250,902.75 204 6,468,817.67 123 22,584,197.39 164 12,063,460.23 205 6,367,652.19 124 22,243,889.05 165 11,878,802.73 206 6,268,005.48 125 21,908,599.62 166 11,696,889.48 207 6,169,855.17 126 21,578,255.88 167 11,517,680.26 208 6,073,179.24 127 21,252,785.66 168 11,341,135.48 209 5,977,955.96 128 20,932,117.84 169 11,167,216.09 210 5,884,163.95 129 20,616,182.34 170 10,995,883.64 211 5,791,782.12 130 20,304,910.07 171 10,827,100.21 212 5,700,789.70 131 19,998,232.98 172 10,660,828.44 213 5,611,166.22 132 19,696,083.98 173 10,497,031.53 214 5,522,891.51 133 19,398,396.98 174 10,335,673.19 215 5,435,945.67 134 19,105,106.81 175 10,176,717.68 216 5,350,309.13 135 18,816,149.28 176 10,020,129.77 217 5,265,962.58 136 18,531,461.12 177 9,865,874.73 218 5,182,887.00 137 18,250,979.99 178 9,713,918.36 219 5,101,063.65 138 17,974,644.42 179 9,564,226.94 220 5,020,474.05 139 17,702,393.88 180 9,416,767.25 221 4,941,100.00 140 17,434,168.69 181 9,271,506.54 222 4,862,923.56 141 17,169,910.03 182 9,128,412.56 223 4,785,927.07 142 16,909,559.96 183 8,987,453.50 224 4,710,093.11 143 16,653,061.37 184 8,848,598.04 225 4,635,404.51 144 16,400,357.96 185 8,711,815.30 226 4,561,844.37 145 16,151,394.28 186 8,577,074.85 227 4,489,396.01 146 15,906,115.66 187 8,444,346.72 228 4,418,043.02 147 15,664,468.24 188 8,313,601.34 229 4,347,769.21 148 15,426,398.94 189 8,184,809.61 230 4,278,558.65 149 15,191,855.43 190 8,057,942.84 231 4,210,395.62 150 14,960,786.18 191 7,932,972.74 232 4,143,264.63 151 14,733,140.36 192 7,809,871.45 233 4,077,150.44 152 14,508,867.93 193 7,688,611.52 234 4,012,037.99 153 14,287,919.54 194 7,569,165.89 235 3,947,912.50 154 14,070,246.57 195 7,451,507.89 236 3,884,759.34 155 13,855,801.09 196 7,335,611.24 237 3,822,564.15 156 13,644,535.91 197 7,221,450.06 238 3,7...
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Related to Final Maturity Reserve Rate

  • Statutory Reserve Rate means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the Administrative Agent is subject with respect to the Adjusted LIBO Rate, for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D. Eurodollar Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage.

  • Final Maturity has the meaning specified in Section 308.

  • Final Maturity Date means March 31, 2022.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • LIBOR Reserve Percentage means the reserve percentage prescribed by the Board of Governors of the Federal Reserve System (or any successor) for “Eurocurrency Liabilities” (as defined in Regulation D of the Federal Reserve Board, as amended), adjusted by Bank for expected changes in such reserve percentage during the applicable term of this Note.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Eurodollar Rate (Reserve Adjusted) means, with respect to any Settlement Period and any portion of the Capital, a rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) determined pursuant to the following formula: Eurodollar Rate = Eurodollar Rate (Reserve Adjusted) 1 - Eurodollar Reserve Percentage where:

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.

  • LIBOR Rate Reserve Percentage means as of any day the maximum percentage in effect on such day, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding (currently referred to as “Eurocurrency Liabilities”).

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Revolving Loan Maturity Date means April 15, 2012, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Revolving Credit Maturity Date means the earliest of (a) the Revolving Credit Stated Maturity Date, (b) the date of the termination of the Aggregate Revolving Credit Commitments pursuant to Section 2.07 and (c) the date of the termination of the Aggregate Revolving Credit Commitments and of the obligation of L/C Issuer to make L/C Credit Extensions and the acceleration of the Revolving Credit Loans pursuant to Section 8.03.

  • Class A-4 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.