-Through Rate definition

-Through Rate. As to each Class of interest-bearing Certificates, the per annum rate set forth or described in the Preliminary Statement.
-Through Rate. As to each Class of interest-bearing Certificates (other than the Class SES Certificates) and each Class SES Component, the per annum rate set forth or described in the Preliminary Statement.
-Through Rate. As determined in accordance with the Pooling Agreement First Distribution Date: November 18, 1998 Cut-Off Date: October 11, 1998 Aggregate Initial Certificate Principal Scheduled Final Distribution Amount of the Class E Certificates: Date: October 2028 $32,576,000 CUSIP: 36228C CR2 Initial Certificate Principal Amount of this Certificate: $[_______________] ISIN: US36228CCR25 Common Code: 9198385 No.: [_______] This certifies that [____________] is the registered owner of a beneficial ownership interest in a Trust Fund, including the distributions to be made with respect to the Class E Certificates. The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial properties and held in trust by the Trustee and serviced by the Master Servicer. The Trust Fund was created, and the Mortgage Loans are to be serviced, pursuant to the Pooling Agreement (as defined below). The Holder of this Certificate, by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling Agreement and is bound thereby. Also issued under the Pooling Agreement are the Class A-1, Class A-2, Class A-3, Class X, Class B, Class C, Class D, Class F, Class G, Class H, Class J, Class K, Class Q, Class R and Class LR Certificates (together with the Class E Certificates, the "Certificates"; the Holders of Certificates issued under the Pooling Agreement are collectively referred to herein as "Certificateholders"). This Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of October 11, 1998 (the "Pooling Agreement"), by and among GS Mortgage Securities Corporation II, as Seller, Xxxxxxx Xxxxx Mortgage Company, as a Responsible Party, Falcon Financial, LLC, as a Responsible Party, AMRESCO Capital Limited, Inc., as a Responsible Party, AMRESCO Commercial Mortgage Funding, L.P., as a Responsible Party, GMAC Commercial Mortgage Corporation, as Master Servicer and Special Servicer, LaSalle National Bank, as Trustee, and ABN AMRO Bank N.V., as Fiscal Agent. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling Agreement. This Certificate represents a pro rata undivided beneficial interest in a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended,...

Examples of -Through Rate in a sentence

  • The following table irrevocably sets forth the designation, the Uncertificated REMIC I Pass- Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the Uncertificated REMIC I Regular Interests.

  • The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC I Pass Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests").

  • The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC I Pass- Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC I (the "REMIC I Regular Interests").

  • R = the Class CB Pass Through Rate = (J%PJB + K%PKB)/(PJB + PKB) Yj = the Class YAA Principal Balance after distributions on the prior Distribution Date.

  • In the event that the Company repurchases any Mortgage Loan pursuant to the Pooling Agreement, such Pooling Agreement generally requires that the Trustee distribute to the Certificateholders in the aggregate an amount equal to 100% of the unpaid Principal Balance of such Mortgage Loan, plus accrued interest at the applicable Pass- Through Rate to the next scheduled Due Date for the Mortgage Loan.


More Definitions of -Through Rate

-Through Rate. As to each Class of interest-bearing Certificates (other than the Class CB-IO Certificates) and each IO Component, the per annum rate set forth or described in the Preliminary Statement.
-Through Rate. As to each Class of interest-bearing Certificates (other than the Class CB-IO, Class 15-IO and Class SES Certificates), each IO Component and each Class SES Component, the per annum rate set forth or described in the Preliminary Statement.
-Through Rate. The Uncertificated REMIC I Pass-Through Rate.
-Through Rate. The Uncertificated REMIC I Pass-Through Rate or Uncertificated REMIC II Pass-Through Rate.
-Through Rate. As determined in accordance with the Pooling Agreement.
-Through Rate. The Uncertificated REMIC I Pass-Through Rate, Uncertificated REMIC II Pass-Through Rate, Uncertificated REMIC III Pass-Through Rate and the Uncertificated Class A-V REMIC Pass-Through Rate.
-Through Rate. As set forth in the Preliminary Statement.