Relative Spread definition
Relative Spread with respect to any Note and any date of determination shall mean the ratio of the Interest Rate of such Note to the weighted average as of such date of determination (prior to taking into account any payments made on account of principal as of such date) of the Interest Rates on all the Notes based on their Principal Balances.
Relative Spread means any of the Note A Relative Spread or the Note B Relative Spread, as the context may require.
Relative Spread means, with respect to each Note, the ratio of the related Note Rate to the Mortgage Loan Rate.
More Definitions of Relative Spread
Relative Spread means Senior Note Relative Spread or Junior Note Relative Spread, as the context may require.
Relative Spread means the Note A-1 Relative Spread, the Note A-2 Relative Spread, the Note A-3 Relative Spread, the Note A-4 Relative Spread, the Note A-5 Relative Spread, the Note A-6 Relative Spread, the Note A-7 Relative Spread, the Note A-8 Relative Spread, the Note A-9 Relative Spread, the Note A-10 Relative Spread, the Note B-1 Relative Spread, the Note B-2 Relative Spread, the Note B-3 Relative Spread, the Note B-4 Relative Spread, the Note B-5 Relative Spread, the Note B-6 Relative Spread, the Note B-7 Relative Spread, the Note B-8 Relative Spread, the Note B-9 Relative Spread or the Note B-10 Relative Spread, as the context may require.