Mortgage Loan Interest Rate definition

Mortgage Loan Interest Rate means the per annum rate at which interest accrues on the Mortgage Loan, without regard to any increase in such rate as a result of a default thereunder.

Mortgage Loan Interest Rate means the “Interest Rate” as defined in the Mortgage Loan Agreement.

Mortgage Loan Interest Rate. (i) with respect to the Senior Notes, the Note A Interest Rate, (ii) with respect to the Junior Trust Notes, the Note B Interest Rate and (iii) with respect to the Trust Loan, the weighted average of the interest rates on the Trust Loan Components (weighted based on their respective principal balances). The “Note A Interest Rate” means a rate per annum equal to 3.86465618%. The “Note B Interest Rate” means a rate per annum equal to 3.86465618%.

Examples of Mortgage Loan Interest Rate in a sentence

• Subject to the Lead Securitization Servicing Agreement and this Agreement, in the case of any modification or amendment described above, the Special Servicer (on behalf of the Note Holders) shall have the sole authority and ability to revise the payment provisions set forth in Section 3(a) and Section 3(b), including: (i) the ability to change the Mortgage Loan Interest Rate but shall not be permitted to change the order of the clauses set forth in Section 3(a) and Section 3(b).

• With respect to an assumption or substitution of liability, Mortgage Loan Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed.

• The Reconstitution Agreement will require the Seller to advance principal and interest payments on each Mortgage Loan at the Mortgage Loan Interest Rate less the Reconstituted Servicing Fee (defined below) on the remittance date of the Reconstitution Agreement.

• The understanding of integration, the defining and development of particular policy areas and the political effects of these definitions and historical processes were also much discussed during the third phase (Wiener & Diez 2009, 10).A key part of the phase three of the European integration is the divide between different areas of integration.

• Group 1 Premium Mortgage Any Group 1 Mortgage Loan with a Net Mortgage Loan: Interest Rate on the closing date that is equal to or greater than [__%] per annum.

More Definitions of Mortgage Loan Interest Rate

Mortgage Loan Interest Rate means the interest rate established pursuant to the Program Guidelines.

Mortgage Loan Interest Rate. The fixed annual rate of interest borne by a Debt Instrument, as shown on the related Mortgage Loan Schedule as the same may be modified by the Servicer in accordance with Section 4.01(c) hereof.

Mortgage Loan Interest Rate. With respect to each Fixed Rate Mortgage Loan, the fixed annual rate of interest borne by a Mortgage Note, as shown on the related Mortgage Loan Schedule as the same may be modified by the Servicer in accordance with Section 5.1(c). With respect to each Adjustable Rate Mortgage Loan, subject to applicable Periodic Rate Cap, the Lifetime Cap and the Lifetime Floor, the related Index plus the applicable Gross Margin, as shown by the related Mortgage Loan Schedule as the same may be modified by the Servicer in accordance with Section 5.1(c).

Mortgage Loan Interest Rate. The fixed annual rate of interest borne by a Note, as shown on the related Mortgage Loan Schedule.

Mortgage Loan Interest Rate means the variable per annum rate determined by adding 0.5% to the Prime Rate from time to time in effect and after an Event of Default or maturity (whether by lapse of time, acceleration or otherwise) until paid in full, the variable per annum rate determined by adding 3.5% to the Prime Rate from time to time in effect.

Mortgage Loan Interest Rate. With respect to any Adjustable Rate Mortgage Loan, the per annum rate of interest computed in accordance with the provisions of the related Mortgage Note as the sum of the Index and the Gross Margin, subject to any Minimum Rate, Maximum Rate or periodic limitation on adjustments to such rate applicable from time to time to the calculation of interest thereon. As to any other Mortgage Loan, the fixed per annum rate of interest applicable to the calculation of interest thereon specified in the related Mortgage Note.

Mortgage Loan Interest Rate. A variable rate, adjusted as of the first Business Day of each calendar month, equal to the sum of the Prime Rate as of the first Business Day of each calendar month, plus two and one quarter percent (2.25%) per annum calculated on the average daily balance outstanding during the month, on an actual days elapsed over a 360 day year basis. MORTGAGE LOAN MATURITY DATE. The last day of the third (3rd) Loan Year or if earlier, at such time, as one thousand five hundred (1500) Intervals have been sold to Purchasers after the Closing Date.