Class A-4 Pass-Through Rate definition
Examples of Class A-4 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-4 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
On and after the Distribution Date in July 2013, the Class A-4 Pass-Through Rate will be a per annum rate equal to the Net WAC.
If the Majority Class R Certificateholder fails to exercise such option on the Clean-up Call Date, the Class A-4 Pass-Through Rate will be increased from 6.960% per annum to 7.460% per annum for each Distribution Date after the Clean-up Call Date.
The Class A-1 Pass-Through Rate, Class A-2 Pass-Through Rate, Class A-3 Pass-Through Rate, Class A-4 Pass-Through Rate, Class A-4X Pass-Through Rate or Class A-X Pass-Through Rate.
Series 1997-LB2, Class A-4 Pass-Through Rate: 7.40% per annum Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 1997 First Distribution Date: May 27, 1997 No.