Class X Pass-Through Rate definition

Class X Pass-Through Rate. As set forth in the Introductory Statement hereto.
Class X Pass-Through Rate. With respect to any Distribution Date, the weighted average of the respective Class X Strip Rates for the respective Components for such Distribution Date (weighted on the basis of the respective balances of those Components immediately prior to the Distribution Date).
Class X Pass-Through Rate. On any Distribution Date, a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amounts calculated pursuant to clauses (A) through (Q) below, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC II Regular Interest LT-AA, REMIC II Regular Interest LT-A1, REMIC II Regular Interest LT-A2, REMIC II Regular Interest LT-A3, REMIC II Regular Interest LT-A4, REMIC II Regular Interest LT-M1, REMIC II Regular Interest LT-M2, REMIC II Regular Interest LT-M3, REMIC II Regular Interest LT-M4, REMIC II Regular Interest LT-M5, REMIC II Regular Interest LT-M6, REMIC II Regular Interest LT-M7, REMIC II Regular Interest LT-M8, REMIC II Regular Interest LT-M9, REMIC II Regular Interest LT-B1, REMIC II Regular Interest LT-B2 and REMIC II Regular Interest LT-ZZ. For purposes of calculating the Pass-Through Rate for the Class X Certificates, the numerator is equal to the sum of the following components:

Examples of Class X Pass-Through Rate in a sentence

  • The central agencies are to implement a REDD+ action plan and an investment plan, carry out monitoring and registration of REDD+ activities.

  • COMM 2000 C-1 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, CLASS X Class X Pass-Through Rate: Variable, as CUSIP: 00000XXX0 determined in accordance with the Pooling and Servicing Agreement.

  • 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 X Pass-Through Rate specified above on the Notional Amount of this Certificate immediately prior to such Distribution Date, as specified above.

  • These condensed interim financial statements do not contain all the information required for full annual financial statements.

  • The party leader chooses α and offers s (x) to the politician, giving a binding promise of spending conditional on the chosen policy level x.


More Definitions of Class X Pass-Through Rate

Class X Pass-Through Rate. A variable rate that for each Distribution Date shall be equal to the Class X Strip Rate for the Class A Certificates for such Distribution Date.
Class X Pass-Through Rate. On any Distribution Date, a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amounts calculated pursuant to clauses (A) through (L) below, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC I Regular Interest LTI-AA, REMIC I Regular Interest LTI-IA1, REMIC I Regular Interest LTI-IA2, REMIC I Regular Interest LTI-IIA1, REMIC I Regular Interest LTI-IIA2, REMIC I Regular Interest LTI-IIA3, REMIC I Regular Interest LTI-M1, REMIC I Regular Interest LTI-M2, REMIC I Regular Interest LTI-M3, REMIC I Regular Interest LTI-M4, REMIC I Regular Interest LTI-M5 and REMIC I Regular Interest LTI-ZZ. For purposes of calculating the Pass-Through Rate for the Class X Certificates, the numerator is equal to the sum of the following components:
Class X Pass-Through Rate. The Pass-Through Rate for Class X Certificates for any Distribution Date will equal the weighted average of the Class X Strip Rates for the Class A and Class B Certificates. The Pass-Through Rate applicable to the Class X Certificates for the initial Distribution Date shall be the rate set forth in the Preliminary Statement hereto.
Class X Pass-Through Rate. A per annum rate equal to the weighted average of the Pass-Through Rates on the Class A-1 Component, the Class A-2 Component, the Class B Component, the Class C Component, the Class D Component, the Class E Component, the Class F Component, the Class G Component, the Class H Component, the Class I Component, the Class J Component, the Class K Component, the Class L Component and the Class M Component (each, a "Component Pass-Through Rate"), weighted on the basis of their respective Notional Amounts. The Component Pass-Through Rate on the Class A-1 Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class A-1 Pass-Through Rate. The Component Pass-Through Rate on the Class A-2 Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class A-2 Pass-Through Rate. The Component Pass-Through Rate on the Class B Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class B Pass-Through Rate. The Component Pass-Through Rate on the Class C Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class C Pass-Through Rate. The Component Pass-Through Rate on the Class D Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class D Pass-Through Rate. The Component Pass-Through Rate on the Class E Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class E Pass-Through Rate. The Component Pass-Through Rate on the Class F Component is a per annum rate equal to the Weighted Average Net Mortgage Rate Minus the Class F Pass-Through Rate. The Component Pass-Through Rate on the Class G Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class G Pass-Through Rate. The Component Pass-Through Rate on the Class H Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class H Pass-Through Rate. The Component Pass-Through Rate on the Class I Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class I Pass-Through Rate. The Component Pass-Through Rate on the Class J Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class J Pass-Through Rate. The Component Pass-Through Rate on the Class K Component is a per annum rate equal to the Weighted Average Net Mortgage Rate minus the Class K Pass-Through Rate. The Component Pass-Through Rate on the Clas...
Class X Pass-Through Rate. On any Distribution Date, a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amounts calculated pursuant to clauses (A) through (K) below, and the denominator of which is the aggregate of the Uncertificated Principal Balances of the REMIC II Regular Interests (other than REMIC II Regular Interest LTII-IO and REMIC II Regular Interest LTII-P). For purposes of calculating the Pass-Through Rate for the Class X Certificates, the numerator is equal to the sum of the following components:
Class X Pass-Through Rate. A per annum rate equal to the weighted average of the Class A-1 Component Pass-Through Rate, the Class A-2 Component Pass-Through Rate, the Class A-3 Component Pass-Through Rate, the Class B Component Pass-Through Rate, the Class C Component Pass-Through Rate, the Class D Component Pass-Through Rate, the Class E Component Pass-Through Rate, the Class F Component Pass-Through Rate, the Class G Component Pass-Through Rate, the Class H Component Pass-Through Rate, the Class J Component Pass-Through Rate and the Class K Component Pass-Through Rate, weighted on the basis of their respective Notional Amounts.
Class X Pass-Through Rate. A per annum rate equal to the excess of (i) the WAC Rate over (ii) the weighted average of the Class A-1 Component Pass-Through Rate, the Class A-2 Component Pass-Through Rate, the Class B Component Pass-Through Rate, and the Class C Component Pass-Through Rate, weighted on the basis of their respective Notional Amounts.