Examples of Class A-1 Pass-Through Rate in a sentence
Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class A-1 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
Interest on the amount in clause (ii) at the related Class A-1 Pass-Through Rate (without regard to the Loan Group I Cap or WAC Cap).
Class A-1 Pass-Through Rate: The Class A-1 Certificates will accrue interest at a variable rate equal to the least of (i) one-month LIBOR plus  bps ( bps after the first distribution date on which the Optional Clean-up Call is exercisable), (ii) the Loan Group I Cap and (iii) the WAC Cap.
The Certificate Interest Rate for the Class A-1 Certificates for each Distribution Date will be the lesser of (i) the Class A-1 Pass-Through Rate and (ii) the Pool Cap.
The Class A-1 Pass-Through Rate will be a per annum rate equal to the lesser of (i) the lesser of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the Class A-1 Certificate Margin and (b) the Maximum Cap Rate, and (ii) the Net WAC Cap.