Stripped Interest Rate. For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

Stripped Interest Rate. For each Group 1, Group 3 or Group 4 Loan, the excess, if any, of the Pass-Through Rate for such Mortgage Loan over 6.000% per annum. For each Group 2 Loan, the excess, if any, of the Pass-Through Rate for such Mortgage Loan over 6.500%. Subordinate Certificates: The Class B Certificates.

Stripped Interest Rate. With respect to each Non-Discount Mortgage Loan, the excess of the Net Mortgage Rate for such Mortgage Loan over the Required Coupon for such Mortgage Loan.

## Examples of *Stripped Interest Rate* in a sentence

The Store service will deliver and assemble equipment in line with assessor instructions.

July 9, 2020); Parker, 2020 WL 2572525, at *4;28 United States v.

The LT-30-A-X Interest made be entitled to receive all interest accrued at the related

**Stripped Interest Rate**schedule each Non-Discount Mortgage work in Collateral.This interest shall be entitled to receive all interest accrued at the related

**Stripped Interest Rate**on each Subgroup II-1 or Subgroup II- 3 Non-Discount Mortgage Loan.The Pass-Through Rate for this Certificate is the Weighted Average

**Stripped Interest Rate**for the Group I Mortgage Loans for such Distribution Date.

## More Definitions of *Stripped Interest Rate*

Stripped Interest Rate. For each Premium Rate Mortgage Loan in any Loan Group, the excess of the Net Mortgage Rate for such Mortgage Loan over the Required Coupon for such Loan Group. Subcontractor: Any vendor, subcontractor or other Person that (i) is a Servicing Function Participant and (ii) is not responsible for the overall servicing of Mortgage Loans but performs one or more discrete functions identified in Item 1122(d) of Regulation AB with respect to Mortgage Loans under the direction or authority of any Servicer (or a Sub-Servicer of any Servicer), the Master Servicer, the Trustee or the Trust Administrator.

Stripped Interest Rate. For each Mortgage Loan, the excess, if any, of the Pass-Through Rate for such Mortgage Loan over 5.000% per annum.

Stripped Interest Rate. For each Premium Rate Mortgage Loan in any Loan Group, the excess of the Net Mortgage Rate for such Mortgage Loan over the Required Coupon for such Loan Group.

Stripped Interest Rate. For each Premium Rate Mortgage Loan in Loan Group I, the excess of the Net Mortgage Rate for such Mortgage Loan over 7.50% per annum. For each Premium Rate Mortgage Loan in Loan Group II, the excess of the Net Mortgage Rate for such Mortgage Loan over 7.00% per annum.

Stripped Interest Rate. With respect to any Premium Rate Mortgage Loan, is the excess of the Net Mortgage Rate for that Mortgage Loan over the applicable Required Coupon.

Stripped Interest Rate. With respect to each Group 1 Non-Discount Mortgage Loan, the excess of the Net Mortgage Rate for such Mortgage Loan over 5.500% per annum. With respect to each Group 2 Non-Discount Mortgage Loan, the excess of the Net Mortgage Rate for such Mortgage Loan over 6.000% per annum. With respect to each Group 3 Non-Discount Mortgage Loan, the excess of the Net Mortgage Rate for such Mortgage Loan over 5.500% per annum.

Stripped Interest Rate. For each Mortgage Loan, the excess, if any, of the Pass-Through Rate for such Mortgage Loan over 5.500% per annum. Subordinate Certificates: The Class B Certificates.