Formula Rate For any Distribution Date and the Class A Certificates and the Mezzanine Certificates, the lesser of (i) One-Month LIBOR plus the related Certificate Margin and (ii) the Maximum Cap Rate.
Class A-2a Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).
Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.
Class A-2a Interest Rate means [●]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-1 Rate means 2.25000% per annum (computed on the basis of the actual number of days elapsed during the relevant Interest Period and a 360‑day year).
Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class X-1 Strip Rate With respect to any Distribution Date, the amount, if any, by which (i) the Weighted Average Net Mortgage Rate for such Distribution Date exceeds (ii) the sum of the Class LA-1-2-A Component Class X-2 Strip Rate and the Class A-1 Pass-Through Rate for such Distribution Date.
Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).
Class A-4 Component The Component having such designation.
Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.
Class A-3 Note Interest Rate means a rate per annum equal to %.
Class A Fixed Pass-Through Rate As to any Distribution Date, the rate per annum set forth in Section 11.01.
Class A-2 Component The Component having such designation.
Class A-2 Note Interest Rate means a rate per annum equal to %.
Class A Note Rate means 2.97% per annum.
Class X-B Pass-Through Rate For any Distribution Date, the Class X Strip Rate for the Class X-B Component for such Distribution Date.
Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.
Class A-1 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.2557%.
Class A Non-PO Principal Balance As of any date, an amount equal to the Class A Principal Balance less the Principal Balance of the Class A-PO Certificates.
Class A-3 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.205%.
Class A-2 Rate means 0.48% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).
Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
Class A-1 Note Rate means, (i) with respect to the initial Series 2002-1 Interest Period, 2.04% per annum and (ii) with respect to each Series 2002-1 Interest Period thereafter, a rate per annum equal to One-Month LIBOR for such Series 2002-1 Interest Period plus 0.20% per annum.