Class A-SB Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to a fixed rate of 3.5841%.
Class A-SB 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-SB Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the lesser of (i) 3.7607% and (ii) the Weighted Average Net Mortgage Rate for such Distribution Date.
Examples of Class A-SB 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-SB Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
More Definitions of Class A-SB Pass-Through Rate
Class A-SB Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.4190%.
Class A-SB Pass-Through Rate. For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.
Class A-SB Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate.
Class A-SB Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to [_____]%.