Examples of Group II Net WAC Cap Rate in a sentence
The Offered Certificates may be subject to the Group I Net WAC Cap Rate, the Class A-I-1 Net WAC Cap Rate or the Group II Net WAC Cap Rate, as applicable.
UNCERTIFICATED REMIC LATEST POSSIBLE DESIGNATION PASS-THROUGH RATE II PRINCIPAL BALANCE MATURITY DATE LT-B Variable(1) $203,000,664.00 August 25, 2032 _______________ (1) Calculated as provided in the definition of Group II Net WAC Cap Rate.
PASS-THROUGH RATES: Class A-I-1 and Class A-II Certificates: The lesser of One-Month LIBOR plus the related margin per annum and the related Class A-I-1 Net WAC Cap Rate or the Group II Net WAC Cap Rate, as applicable on an actual/360-day basis.
The Offered Certificates will be subject to the Group I Net WAC Cap Rate, the Class A-I-1 Net WAC Cap Rate or the Group II Net WAC Cap Rate, as applicable.
Interest on the Class AV-1, Class MV-1, Class MV-2, Class BV-1, and Class BV-2 Certificates will be calculated at a per annum rate equal to the least of (x) One-Month LIBOR plus the related margin (the "Formula Rate"), (y) 15.00% per annum and (z) the Adjusted Group II Net WAC Cap Rate converted to an actual/360-day basis.