Examples of Floating Rate Certificates in a sentence
Floating Rate Certificates and Inverse Floating Rate Certificates.
The aggregate stated principal amount of the Chase Credit Card Master Trust Class A Floating Rate Certificates, Series 1996-4 (the "Deposited Assets") is $363,900,000 and the notional amount is the same.
HISTORIC INTEREST RATES (Floating Rate Certificates only) Not Applicable 7.
Floating Rate Certificates This term covers the short-term component discussed under Residual Interest Securities above or other short-term variable rate securities created using underlying tax-exempt fixed-rate bonds.
The Net WAC Rate Carryover Reserve Account will be part of the Trust but not part of any REMIC and any payments to the Holders of the Floating Rate Certificates of Net WAC Rate Carryover Amounts will not be payments with respect to a “regular interest” in a REMIC within the meaning of Code Section 860(G)(a)(1).