Common use of Interest Only Classes Clause in Contracts

Interest Only Classes. The IO, 1-A-3, 2-A-2 and 3-A-2 Class Certificates. Interest Rate: With respect to any Class of Certificates, other than the Residual Certificates, the annual rate at which interest accrues on the Certificates of such Class as specified or described in the Prospectus. With respect to each Lower Tier Regular Interest, the applicable rate per annum specified in the Lower Tier Schedule.

Interest Only Classes. The IO, 1▇-A-3▇-▇, 2▇-A-2 ▇-▇, ▇-▇-▇ and 34-A-2 Class Certificates. Interest Rate: With respect to any Class of Certificates, other than the Residual Certificates, the annual rate at which interest accrues on the Certificates of such Class as specified or described in the Prospectus. With respect to each Lower Tier Regular Interest, the applicable rate per annum specified in the Lower Tier Schedule.