Class A-5 Pass-Through Rate definition

Class A-5 Pass-Through Rate. For any Distribution Date, a per annum rate equal to 3.1156%.
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Class A-5 Pass-Through Rate. For any Distribution Date, a per annum rate equal to the lesser of (a) 3.37400% and (b) the WAC Rate for such Distribution Date.
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Class A-5 Pass-Through Rate per annum.
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Examples of Class A-5 Pass-Through Rate in a sentence

  • 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 7.775%.

  • Series 1997-LB2, Class A-5 Pass-Through Rate: 7.60% per annum Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 1997 First Distribution Date: May 27, 1997 No.

  • The percentage (by outstanding principal balance as of the Cut-Off Date) of the Initial Contracts having a Net Contract Rate that is less than the Class A-5 Pass-Through Rate is approximately 6%.

  • On and after the Distribution Date in July 2013, the Class A-5 Pass-Through Rate will be a per annum rate equal to the Net WAC.

  • The Class A-5 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-5 Certificate Margin and (ii) the Rate Cap for such Distribution Date.


More Definitions of Class A-5 Pass-Through Rate

Class A-5 Pass-Through Rate. With respect to the Distribution Date occurring in June 1999, 5.235% per annum. With respect to each succeeding Distribution Date, a per annum rate, determined by the Trustee on the applicable Rate Determination Date, equal to 0.300% plus LIBOR subject to a minimum rate of 0.300% and a maximum rate of 8.000%.
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Class A-5 Pass-Through Rate. With respect to any Payment Date the lesser of (x) 6.37% per annum and (y) the Group I Available Funds Cap.
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Class A-5 Pass-Through Rate. A per annum rate equal to the Weighted Average Net Mortgage Pass-Through Rate minus 1.08%.
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Class A-5 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the lesser of (i) the Weighted Average Net Mortgage Rate for such Distribution Date and (ii) 5.62300%.
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Class A-5 Pass-Through Rate means ______% per annum; provided, however, the per annum rate shall be increased by 0.50% beginning on the first Distribution Date after the Clean-Up Call Date, if the Class IC Certificateholder does not exercise its right to purchase the corpus of the Trust on the Clean-Up Call Date as described in Section 16.02.
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Class A-5 Pass-Through Rate with respect to any Remittance Date prior to the Optional Termination Date, will be equal to a ____% per annum rate and with respect to any other Remittance Date, will be equal to a ____% per annum rate (in each case calculated on the basis of an assumed month of 30 days and an assumed year of 360 days).
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Class A-5 Pass-Through Rate means (i) with respect to any Distribution Date which occurs on or prior to the Optional Termination Date, 6.257% per annum and (ii) with respect to each Distribution Date which occurs thereafter, 6.757% per annum, in each case, subject to a cap equal to the Net WAC Rate Cap for such Distribution Date.
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