## Examples of *Net Rate Cap* in a sentence

See the related definitions in “— Glossary of Terms — Definitions related to Interest Calculations and Distributions” for a more detailed understanding as to how the

**Net Rate Cap**is calculated, and applied to the Pass-Through Rate.On each Distribution Date, the Pass-Through Rate for each class of interest-bearing certificates will be subject to the applicable

**Net Rate Cap**.The amount of Current Interest that such class received on such distribution date at the related

**Net Rate Cap**for such distribution date (such excess being the “Basis Risk Shortfall” for such distribution date); and • the Basis Risk Shortfall for all previous distribution dates not previously paid, together with interest thereon at a rate equal to the applicable Pass-Through Rate for such distribution date.Indicative landscape drawings have been provided which provides preliminary detail on the layout of communal and child play space areas.

However, for purposes of actual payments to be made on the Certificates, including the calculation of each applicable

**Net Rate Cap**as well as other Mortgage Rate calculations, the Gross Mortgage Rate for each Fixed Rate Credit Comeback Loan will be deemed to be reduced by 0.375% on the Due Date following the end of each of the first four annual periods after the origination date, irrespective of whether the borrower qualifies for the reduction by having a good payment history.