Certificate Interest Rate definition

Certificate Interest Rate. With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

Certificate Interest Rate. For each Class of Certificates and REMIC I Regular Interests, the per annum rate set forth as the Certificate Interest Rate for such Class in the Preliminary Statement hereto.

Certificate Interest Rate. For each Class of REMIC I, REMIC II and REMIC III Regular Interests and the Class R-1 Residual Interest, the per annum rate set forth as the Certificate Interest Rate for such Class in the Preliminary Statement hereto.

Examples of Certificate Interest Rate 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 Lifetime Certificate Interest Rate Cap is the maximum certificate interest rate possible based on the MBS Guide.

• The Lifetime Certificate Interest Rate Floor is the minimum certificate interest rate possible based on the MBS Guide.

• The Periodic Certificate Interest Rate Limit is the maximum periodic interest rate adjustment possible based on the MBS Guide.

• Interest will accrue on the Class M-2 Certificates during each Interest Accrual Period at the Certificate Interest Rate.

More Definitions of Certificate Interest Rate

Certificate Interest Rate. With respect to each Class of Certificates (other than the Class AP, Class P and Class E Certificates), the applicable per annum rate specified or determined as provided in the Preliminary Statement hereto.

Certificate Interest Rate. With respect to each Distribution Date and Class of Certificates, the per annum rate described in the table in the Preliminary Statement during the related Interest Accrual Period on the Certificate Principal Balance.

Certificate Interest Rate. With respect to any Class of Certificates other than the Principal Only Certificates and the R Class and RL Class Certificates, the annual rate at which interest accrues on the Certificates of such Class, as described in Section 3.01 hereof.

Certificate Interest Rate of: Class S Certificate: __________%

Certificate Interest Rate. With respect to each Class of LIBOR Certificates and Fixed Rate Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

Certificate Interest Rate. With respect to any Class of Certificates, other than the Class S Certificates, any COFI Certificates or any LIBOR Certificates, and as of any Distribution Date, the per annum rate specified or described in Section 5.01(b). With respect to any Class of LIBOR Certificates, the per annum variable rate at any time at which interest accrues on the Certificates of such Class, as determined pursuant to Section 5.01(f). With respect to any Class of COFI Certificates, the per annum variable rate at any time at which interest accrues on the Certificates of such Class, as determined pursuant to Section 5.01(e). With respect to the Class S Certificates and any Distribution Date, the Strip Rate for such Distribution Date.

Certificate Interest Rate. With respect to each Distribution Date during the Interest Accrual Period and each Class of LIBOR Certificates and the Class C Certificates, the related Pass-Through Rate.