Current Accrual Rate definition
Current Accrual Rate means, with respect to any Payment Date and Reference Obligation, the current mortgage rate (as adjusted for any Modification Event), less the greater of
Current Accrual Rate means, with respect to each Payment Date and any Reference Obligation, the current mortgage rate, less the greater of (i) the related servicing fee rate and (ii) 35 basis points.
Current Accrual Rate. With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related current Accounting Net Yield; and (ii) the related current mortgage rate thereon (as adjusted for any modifications) minus 0.35%.
More Definitions of Current Accrual Rate
Current Accrual Rate means, with respect to each Payment Date and any Reference Obligation, the current mortgage rate (as adjusted for any Modification Event), less the greater of
Current Accrual Rate means, with respect to any Payment Date and Reference Obligation, the current mortgage rate (as adjusted for any Modification Event).
Current Accrual Rate means, with respect to any Payment Date and Reference