Prepayment Assumption definition
Examples of Prepayment Assumption in a sentence
In addition, the Depositor shall provide or cause to be provided to the Trust Administrator, within ten (10) days after the Closing Date, all information or data that the Trust Administrator reasonably determines to be relevant for tax purposes as to the valuations and issue prices of the Certificates, including, without limitation, the price, yield, Prepayment Assumption and projected cash flow of the Certificates.
No representation is made that the Mortgage Loans will prepay at a rate based on the Standard Prepayment Assumption or any other rate.
No representation is made that the Mortgage Loans will prepay at a rate based on the Basic Prepayment Assumption or any other rate.
The Trustee shall use the Tax Prepayment Assumption for purposes of computing any tax reporting, including, but not limited to, the calculation of the original issue discount.
To the extent directly applicable, the Prepayment Assumption used in pricing the Offered Certificates will be used in preparing any reports concerning or touching on interest payments made or original issue discount with respect to the Certificates.