Class A-4 Pass-Through Rate definition

Class A-4 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.6250%.
Class A-4 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate.
Class A-4 Pass-Through Rate. With respect to the Class A-4 Certificates, for any Distribution Date, a per annum rate equal to the lesser of (i) 5.815% and (ii) the WAC Rate for such Distribution Date.

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.


More Definitions of Class A-4 Pass-Through Rate

Class A-4 Pass-Through Rate per annum.
Class A-4 Pass-Through Rate. With respect to any Payment Date, 6.30% per annum.
Class A-4 Pass-Through Rate. A per annum fixed rate equal to 3.5040%.
Class A-4 Pass-Through Rate. With respect to any Distribution Date, 6.026% per annum, subject to a cap equal to the Net WAC Rate Cap for such Distribution Date.
Class A-4 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-4 Pass-Through Rate. For the first Distribution Date, 4.200% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-4 Margin, (2) the Maximum Rate Cap and (3) the Available Funds Cap for such Distribution Date.
Class A-4 Pass-Through Rate. A per annum rate equal to the lesser of the Weighted Average Net Mortgage Pass-Through Rate and [_]%.