Class A Pass-Through Rate definition

Class A Pass-Through Rate. As set forth in the Upper-Tier REMIC section of the Introductory Statement of this Agreement.
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Class A Pass-Through Rate. As to the Class A-1 and Class A-R Certificates, the Class A Fixed Pass-Through Rate. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.
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Class A Pass-Through Rate. For the first Distribution Date, 2.940% per annum, and on any Distribution Date thereafter, the lesser of (i) One-Month LIBOR for the related Accrual Period plus the Class A Margin for such Distribution Date and (ii) the Interest Rate Cap for such Distribution Date.
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Examples of Class A Pass-Through Rate in a sentence

  • Moreover, if the Class B Pass-Through Rate exceeds the Class A Pass-Through Rate, the Seller and the Certificateholders (by accepting a beneficial interest in a Certificate) agree to (i) treat the Certificates as representing undivided beneficial ownership interests in the Receivables (other than the Retained Yield), and (ii) treat the Class A Certificateholders as having sold, and the Class B Certificateholders as having purchased, the Class B Stripped Coupon.

  • Interest will accrue on the Class A Certificates during each Interest Accrual Period at a rate equal to the lesser of (i) the Class A Pass-Through Rate and (ii) the WAC Cap for such Distribution Date.

  • The Class A Pass-Through Rate on each Distribution Date will be a rate per annum equal to the sum of one month LIBOR plus the Class A Certificate Margin.

  • Date of Pooling and Original Denomination: Servicing Agreement and $____________________ Cut-off Date: March 1, 1997 Initial Class A-__ Principal Balance: Class A-_ Pass-Through Rate: ____%, $____________________ computed on the basis of a 360-day year [and the actual number of days in the applicable Final Distribution Date: accrual period] [of twelve 30-day months].

  • The Class A-7 Component D shall accrue interest at the related Group II Class A Pass-Through Rate on its related Notional Amount but shall not be entitled to any distributions of principal.


More Definitions of Class A Pass-Through Rate

Class A Pass-Through Rate. As to the Class A-1, Class A-2, Class A-4, Class A-R and Class A-LR Certificates, the Class A Fixed Pass-Through Rate. As to the Class A-3 Certificates, 7.400% per annum. As to the Class A-5 Certificates, 8.650% per annum. As to the Class A-6 Certificates, 7.650% per annum. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.
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Class A Pass-Through Rate. The per annum rate set forth in the Introductory Statement hereto with respect to the Class A Certificates.
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Class A Pass-Through Rate. As to the Class A-12, Class A-13, Class A-14, Class A-R and Class A-LR Certificates, the Class A Fixed Pass-Through Rate. As to the Class A-1, Class A-2, Class A-3, Class A-4, Class A-8 and Class A-11 Certificates, 6.000% per annum. As to the Class A-7 Certificates, 6.400% per annum. As to the Class A-10 Certificates, 6.750% per annum. As to the Class A-9 Certificates, 7.000% per annum. As to the Class A-5 Certificates, the Class A-5 Pass-Through Rate. As to the Class A-6 Certificates, the Class A-6 Pass-Through Rate. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.
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Class A Pass-Through Rate. As to the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6 and Class A-R Certificates, the Class A Fixed Pass-Through Rate. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.
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Class A Pass-Through Rate means ___% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.
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Class A Pass-Through Rate means [ ]% per annum.
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Class A Pass-Through Rate. As to the Class A-6, Class A-7, Class A-8, Class A-9, Class A-R and Class A-LR Certificates, the Class A Fixed Pass-Through Rate. As to the Class A-1 Certificates, 5.750% per annum. As to the Class A-2 Certificates, 5.900% per annum. As to the Class A-3, Class A-4 and Class A-5 Certificates, 6.100% per annum.
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