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 proportionate amount of applicable payment set in the PAYMENT SCHEDULE.
The Certificate Interest Rate for the Class A-3 Certificates for each Distribution Date will be the lesser of (i) the Class A-3 Pass-Through Rate and (ii) the Pool Cap.
The Class A-3 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the lesser of (i) the sum of one month LIBOR plus the Class A-3 Certificate Margin and (ii) the Rate Cap for such Distribution Date.