Class D Pass-Through Rate definition

Class D Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.0000%.
Class D Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate for such Distribution Date.
Class D Pass-Through Rate. As set forth in the Upper-Tier REMIC section of the Introductory Statement of this Agreement.

Examples of Class D 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 D Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.


More Definitions of Class D Pass-Through Rate

Class D Pass-Through Rate. A per annum rate equal to the Weighted Average Net Mortgage Pass-Through Rate.
Class D Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to a fixed rate of 3.0000%.
Class D Pass-Through Rate. For any Distribution Date, a per annum rate equal to 2.7500%.
Class D 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) 2.5000%.
Class D Pass-Through Rate. A per annum rate equal to 3.000%.
Class D Pass-Through Rate. A per annum rate equal to the Net Mortgage Rate for the related Distribution Date.
Class D Pass-Through Rate. For any Distribution Date, a per annum rate equal to the WAC Rate.