Examples of Class A-5 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-5 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
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-5] Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
Remaining Unpaid Class M-2 Interest Carry Forward Amount $ 0.00 ------------- * If the purchase option is not exercised pursuant to Section 8.06 of the Pooling and Servicing Agreement, the Class A-5 Pass-Through Rate shall increase to 7.75%, or the Adjusted Net WAC Cap Rate, if less.
On each Payment Date following the Trustee's failure to obtain a satisfactory bid as described in this Section 8.3, the Class A-5 Pass-Through Rate shall be 7.650%.
The Class A-5 Pass-Through Rate with respect to each Distribution Date prior to the Distribution Date in July 2013 will be a per annum rate equal to the Net WAC minus 0.500%.