Examples of Class A-3 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-3 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
For each Interest Accrual Period, interest at the Class A-3 Pass-Through Rate shall accrue daily and shall be computed for the actual number of days elapsed on the basis of a year consisting of 360 days.
The Class A-3 Certificates shall bear interest at the Class A-3 Pass-Through Rate.
Series 1997-LB2, Class A-3 Pass-Through Rate: 7.20% per annum Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 1997 First Distribution Date: May 27, 1997 No.
Interest will accrue on the Class A-3 Certificates during each Interest Accrual Period at a rate equal to the lesser of (i) the Class A-3 Pass-Through Rate and (ii) the Net WAC Cap for such Distribution Date.