Class M-2 Margin definition

Class M-2 Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, 0.310% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.465% per annum.
Class M-2 Margin. With respect to any Distribution Date prior to the second Distribution Date after the first possible Optional Termination Date, 0.400% per annum, and on any Distribution Date on or after the second Distribution Date after the first possible Optional Termination Date, 0.600% per annum.
Class M-2 Margin. As of any Distribution Date up to and including the Auction Termination Date for the Certificates, 0.2900% per annum and, as of any Distribution Date after the Auction Termination Date, 0.4350% per annum.

Examples of Class M-2 Margin in a sentence

  • The Class A-1 Margin, Class A-2 Margin, Class A-3 Margin, Class A-4 Margin, Class M-1 Margin, Class M-2 Margin, Class M-3 Margin, Class M-4 Margin, Class M-5 Margin, Class M-6 Margin, Class M-7 Margin, Class M-8 Margin or Class M-9 Margin, as applicable.

  • The Class A-1 Margin, Class A-2 Margin, Class A-3 Margin, Class A-4 Margin, Class M-1 Margin, Class M-2 Margin, Class M-3 Margin, Class M-4 Margin, Class M-5 Margin, Class M-6 Margin, Class M-7 Margin, Class M-8 Margin, Class M-9 Margin or Class B Margin, as applicable.

  • The Class A-1 Margin, Class A-2 Margin, Class A-3 Margin, Class M-1 Margin, Class M-2 Margin, Class M-3 Margin, Class M-4 Margin, Class M-5 Margin, Class M-6 Margin, Class M-7 Margin, Class M-8 Margin or Class M-9 Margin, as applicable.

  • Reference to any of the Class A Margin, Class M-1 Margin, Class M-2 Margin or Class B Margin.

  • Details of the required insurance will be provided in the DCIDA contracts, in the meantime please note that insurance is to be provided after Board approval but prior to utilization of your IDA benefits.


More Definitions of Class M-2 Margin

Class M-2 Margin. For any Distribution Date (i) on or prior to the Optional Termination Date, 1.50% per annum and (ii) thereafter, 2.25% per annum. CLASS M-2 PASS-THROUGH RATE: For the first Distribution Date, 3.34% per annum, and for any Distribution Date thereafter, the lesser of (i) One-Month LIBOR for the related Accrual Period plus the Class M-2 Margin for such Distribution Date and (ii) the applicable Interest Rate Cap for such Distribution Date.
Class M-2 Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, _____% per annum and, as of any Distribution Date after the Initial Optional Termination Date, _____% per annum.
Class M-2 Margin. For any Distribution Date (i) on or prior to the Optional Securities Purchase Date, 1.50% per annum and (ii) thereafter, 2.25% per annum.
Class M-2 Margin means 2.75%.
Class M-2 Margin. With respect to any Distribution Date prior to the first Distribution Date after the first possible Optional Termination Date, 0.410% per annum, and on any Distribution Date on or after the first Distribution Date after the first possible Optional Termination Date, 0.615% per annum. Class M-2 Principal Distribution Amount: With respect to any Distribution Date (i) prior to the Stepdown Date or on or after the Stepdown Date if a Trigger Event is in effect for that Distribution Date, the remaining Principal Distribution Amount for that Distribution Date after distribution of the Class A Principal Distribution Amount and Class M-1 Principal Distribution Amount or (ii) on or after the Stepdown Date if a Trigger Event is not in effect for that Distribution Date, the lesser of:
Class M-2 Margin means 1.15%.
Class M-2 Margin means 1.75%.