## Examples of *Current Accrual Rate* in a sentence

**Current Accrual Rate**- with respect to any payment date and Covered Loan is the current mortgage rate (as adjusted for any Modification), less the greater of (x) the related servicing fee rate and (y) 35 basis points.Current Period Modification Loss Amount – means, as reported in the applicable Monthly Servicing Report, with respect to each payment date and any Covered Loan that has experienced a Modification: (a) one-twelfth of the Original Accrual Rate multiplied by the UPB of such Covered Loan, minus(b) one-twelfth of the

**Current Accrual Rate**multiplied by the interest bearing UPB of such Covered Loan.The "

**Current Accrual Rate**" with respect to any Payment Date and Reference Obligation is the current mortgage rate (as adjusted for any Modification Event), less the greater of (x) the related servicing fee rate and (y) 35 basis points.The "

**Current Accrual Rate**" with respect to any Payment Date and Reference Obligation is the current mortgage rate (as adjusted for any Modification Event), less the greater of (x) the related servicing fee rate and (y) 35 basis points.The "Liquidation Proceeds" with respect to a Credit Event Reference Obligation represent all cash amounts (including sales proceeds, net of selling expenses) received in connection with the liquidation of the Credit Event Reference Obligation.Modification Loss Amount Allocation of Modification Loss AmountsWith respect to each Payment Date and any Reference Obligation that has experienced a Modification Event, the excess, if any, of: (i) one-twelfth of the Original Accrual Rate multiplied by the unpaid principal balance of such Reference Obligation, over (ii) one-twelfth of the

**Current Accrual Rate**multiplied by the interest bearing unpaid principal balance of such Reference Obligation.**Current Accrual Rate**- with respect to any Payment Date and Covered Loan is the current mortgage rate (as adjusted for any Modification), less the greater of (x) the related servicing fee rate and (y) 35 basis points.Modification Loss Amount – with respect to each payment date and any Covered Loan that has experienced a Modification is: (a) one-twelfth of the Original Accrual Rate multiplied by the UPB of such Covered Loan, minus (b) one-twelfth of the

**Current Accrual Rate**multiplied by the interest bearing UPB of such Covered Loan.Current Period Modification Loss Amount - means, as reported in the applicable Monthly Servicing Report, with respect to each payment date and any Covered Loan that has experienced a Modification: (a) one-twelfth of the Original Accrual Rate multiplied by the UPB of such Covered Loan, minus(b) one-twelfth of the

**Current Accrual Rate**multiplied by the interest bearing UPB of such Covered Loan.Modification Loss Amount - with respect to each Payment Date and any Covered Loan that has experienced a Modification is:(a) one-twelfth of the Original Accrual Rate multiplied by the UPB of such Covered Loan, minus(b) one-twelfth of the

**Current Accrual Rate**multiplied by the interest bearing UPB of such Covered Loan.**Current Accrual Rate**– with respect to any payment date and Covered Loan is the current mortgage rate (as adjusted for any Modification), less the greater of (x) the related servicing fee rate and (y) 35 basis points.