Notional Amount. Not applicable.
Notional Amount. (2) For each Distribution Date (and the related Interest Accrual Period) each of the Class B1, Class B2, Class B3, Class B4, Class B5 and Class B6 Certificates will accrue interest at a per annum rate equal to the B Average Rate.
Notional Amount. (2) The Tax Matters Person Certificate may be issued in a denomination of $0.05. The Certificates shall be executed by manual or facsimile signature on behalf of the Trustee by an authorized officer. Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Certificates or did not hold such offices at the date of such authentication and delivery. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless there appears on such Certificate a certificate of authentication substantially in the form set forth as attached hereto executed by the Trustee by manual signature, and such certificate of authentication upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. On the Closing Date, the Trustee shall authenticate the Certificates to be issued at the written direction of the Depositor, or any affiliate thereof. The Depositor shall provide, or cause to be provided, to the Trustee on a continuous basis, an adequate inventory of Certificates to facilitate transfers.
Notional Amount. (2) The Lower-Tier Regular Interest that corresponds to any particular Class of Regular Interest and any particular Class of Certificates also correspond to each other and, accordingly, constitute the (i) Corresponding Lower-Tier Regular Interest, (ii) Corresponding Regular Interest and (iii) Corresponding Certificates, respectively, with respect to each other. The following table sets forth the class designation, the pass-through rate (the “Pass-Through Rate”) and the aggregate initial Certificate Balance (the “Initial Certificate Balance”) or aggregate initial Notional Amount (the “Initial Notional Amount”), as applicable, for each Class of Certificates: Class Designation Pass-Through Rate (per annum) Initial Certificate Balance or Initial Notional Amount(1) Initial Maximum Balance(2) Class A 3.6220% $ 86,360,000 $ 86,360,000 Class X 0.5310%(3) $ 127,400,000 (4) $ 127,400,000 (4) Class B 3.8237% $ 13,540,000 $ 13,540,000 Class C 4.0755% $ 27,500,000 $ 27,500,000 Class D 4.2724%(5) $ 32,700,000 $ 32,700,000 Class E 4.2724%(5) $ 47,000,000 $ 47,000,000 Class F 4.2724%(5) $ 22,900,000 $ 22,900,000 Class V-ABC N/A $ 0 $ 127,400,000 (4) Class V-D N/A $ 0 $ 32,700,000 Class V-E N/A $ 0 $ 47,000,000 Class V-F N/A $ 0 $ 22,900,000 Class V2 N/A $ 0 $ 230,000,000
Notional Amount. (2) On the Closing Date, the issuing entity will issue the Class [A-S] Regular Interest, Class [B] Regular Interest and Class [C] Regular Interest, which will have initial outstanding principal balances, subject to a variance of plus or minus 5%, of $[________], $[________] and $[________], respectively. The Exchangeable Certificates will, at all times, represent undivided beneficial ownership interests in a grantor trust that will hold such Class [EC] Regular Interests. Each Class of the Exchangeable Certificates will, at all times, represent a beneficial interest in a percentage of the Certificate Principal Amount of the Class [A-S] Regular Interest, Class [B] Regular Interest and/or Class [C] Regular Interest. Following any exchange of Class [A-S] Certificates, Class [B] Certificates and Class [C] Certificates for Class [EC] Certificates or any exchange of Class [EC] Certificates for Class [A-S] Certificates, Class [B] Certificates and Class [C] Certificates, the percentage interest of the Certificate Principal Amounts of the Class [A-S] Regular Interest, Class [B] Regular Interest and Class [C] Regular Interest that is represented by the Class [A-S] Certificates, Class [B] Certificates, Class [EC] Certificates and Class [C] Certificates will be increased or decreased accordingly. The initial Certificate Principal Amount of each Class of the Class [A-S] Certificates, Class [B] Certificates and Class [C] Certificates shown in the table above represents the maximum Certificate Principal Amount of such Class without giving effect to any issuance of Class [EC] Certificates. The initial Certificate Principal Amount of the Class [EC] Certificates shown in the table above is equal to the aggregate of the maximum initial Certificate Principal Amounts of the Class [A-S] Certificates, Class [B] Certificates and Class [C] Certificates, representing the maximum Certificate Principal Amount of the Class [EC] Certificates that could be issued in an exchange. The actual Certificate Principal Amount of any Class of Exchangeable Certificates issued on the Closing Date may be less than the maximum Certificate Principal Amount of that Class and may be zero. The Certificate Principal Amounts of the Class [A-S] Certificates, Class [B] Certificates and Class [C] Certificates to be issued on the Closing Date will be reduced, in required proportions, by an amount equal to the Certificate Principal Amount of the Class [EC] Certificates issued on the Closing Date. The aggregate ...
Notional Amount. With respect to any Calculation Period, the amount set forth for such Calculation Period in Schedule I attached hereto. Trade Date:....................... June 21, 2006 Effective Date:................... June 30, 2006 Termination Date:................. February 25, 2011 Fixed Amounts: Fixed Rate Payer:.......... Party B
Notional Amount. The notional amount of the Interest Rate Cap Agreement (First Mezzanine) shall be equal to the Principal Amount, which may be reduced from time to time in amounts equal to any prepayment of the principal of the Loan made in accordance with Section 5(b) of the Mezzanine Notes;
Notional Amount. The notional amount of the Interest Rate Cap Agreement shall be equal to the Principal Amount;
Notional Amount. (5) The Class 30-AX-2 Certificates are interest only Certificates, will not be entitled to distributions in respect of principal and will bear interest on the Class 30-AX-2 Notional Amount.
Notional Amount. (6) For each Distribution Date the Certificate Rate for the Class 2AX Certificates will equal a per annum rate equal to the excess, if any, of (a) the Net WAC Rate for Loan Group 2 over (b) the Certificate Rate for the Class 2A1 Certificates. For federal income tax purposes, the Class 2AX Certificates shall represent (i) ownership of a REMIC regular interest in REMIC III (the “Class 2AX Interest”), (ii) ownership of the Class 2AX Certificate Account and (iii) an obligation to make payments pursuant to the contractual rights described in Section 12.01(j) of the Standard Terms. The Class 2AX Interest shall be an interest-only regular interest in REMIC III, shall have a notional amount on each Distribution Date equal to the Notional Amount of the Class 2AX Certificates as of such Distribution Date and shall be entitled to receive interest at a rate equal to the Certificate Rate of the Class 2AX Certificates.
