Class A-1 Pass-Through Rate definition

Class A-1 Pass-Through Rate. For any Distribution Date, a per annum rate equal to 1.965%.
Class A-1 Pass-Through Rate. For the first Distribution Date, 5.5450% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-1 Margin, (2) the Class A-1 Available Funds Cap for such Distribution Date and (3) the Class A-1 Maximum Rate Cap for such Distribution Date.
Class A-1 Pass-Through Rate. For any Distribution Date, a per annum rate equal to 2.0840%.

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.


More Definitions of Class A-1 Pass-Through Rate

Class A-1 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to a fixed rate of 1.2661%.
Class A-1 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 2.0020%.
Class A-1 Pass-Through Rate. With respect to any Distribution Date, a fixed rate per annum equal to 7.656%.
Class A-1 Pass-Through Rate. With respect to any Interest Accrual Period, will be a per annum rate equal to the lesser of (i) the sum of LIBOR plus the related Certificate Margin and (ii) the Net Funds Cap.
Class A-1 Pass-Through Rate. With respect to any Distribution Date, a fixed rate per annum equal to ___%.
Class A-1 Pass-Through Rate. As set forth in “Description of the CertificatesDistributionsPass-Through Rates” in the Prospectus Supplement; provided that such Pass-Through Rate for the initial Distribution Date shall be as set forth in the Preliminary Statement hereto.