Examples of Certificate Margin in a sentence
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (a) One-Month LIBOR plus the Certificate Margin and (b) the Maximum Cap Rate.
For any Distribution Date and this Certificate, the Formula Rate is One-Month LIBOR plus the Certificate Margin.
The Certificate Margin with respect to this Certificate shall be determined in accordance with the terms of the Agreement.
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (i) One-Month LIBOR plus the Certificate Margin and (ii) the Maximum Cap Rate.
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.