Class A-3 Pass-Through Rate definition

Class A-3 Pass-Through Rate. For any Distribution Date, a per annum rate equal to 2.8600%.

Class A-3 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.205%.

Class A-3 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to a fixed rate of 3.5778%.

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.

More Definitions of Class A-3 Pass-Through Rate

Class A-3 Pass-Through Rate. For the first Distribution Date, ____% per annum. As of any Distribution Date thereafter, the lesser of (1) One-Month LIBOR plus the Class A-3 Margin and (2) the Weighted Average Available Funds Cap for such Distribution Date.

Class A-3 Pass-Through Rate. As set forth in “Description of the Certificates—Distributions—Pass-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.

Class A-3 Pass-Through Rate with respect to any Remittance Date, will be equal to a ____% per annum rate (calculated on the basis of an assumed month of 30 days and an assumed year of 360 days).

Class A-3 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-3 Pass-Through Rate. With respect to any Distribution Date, 4.423% per annum, subject to a cap equal to the Net WAC Rate Cap for such Distribution Date.

Class A-3 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate.

Class A-3 Pass-Through Rate. With respect to any Distribution Date, the per annum rate equal to 4.760%.