Uncertificated REMIC 2 Pass-Through Rate. For any Distribution Date and each REMIC 2 Regular Interest, the weighted average of the Uncertificated REMIC 1 Pass-Through Rate on the REMIC 1 Regular Interests, weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest.
Uncertificated REMIC 2 Pass-Through Rate. (a) With respect to REMIC 2 Regular Interest LT2A, REMIC 2 Regular Interest LT2B, REMIC 2 Regular Interest LT2C, REMIC 2 Regular Interest LT2D, REMIC 2 Regular Interest LT2E, REMIC 2 Regular Interest LT2F and REMIC 2 Regular Interest LT2P and any Distribution Date other than the first Distribution Date, a per annum rate equal to the weighted average of (x) the Uncertificated REMIC 1 Pass-Through Rate with respect to REMIC 1 Regular Interest LT1A and REMIC 1 Regular Interest LT1P for such Distribution Date and (y) the excess, if any, of (i) the Uncertificated REMIC 1 Pass-Through Rate with respect to REMIC 1 Regular Interest LT1B for such Distribution Date over (ii) 3.50% per annum (in the case of the Distribution Date in August 2000 through the Distribution Date in June 2001), 2.50% per annum (in the case of the Distribution Date in July 2001 through the Distribution Date in March 2002), 1.50% per annum (in the case of the Distribution Date in April 2002 through the Distribution Date in January 2003) or 0.00% per annum (in the case of any Distribution Date thereafter) weighted on the basis of the Uncertificated Principal Balance of REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1P and REMIC 1 Regular Interest LT1B, respectively, multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period as of such date. With respect to the first Distribution Date and: REMIC 2 Regular Interest LT2A, REMIC 2 Regular Interest LT2B, REMIC 2 Regular Interest LT2C, REMIC 2 Regular Interest LT2D, REMIC 2 Regular Interest LT2E, REMIC 2 Regular Interest LT2F and REMIC 2 Regular Interest LT2P, the product of (x) 7.184092% per annum and (y) a frxxxxxx, xxx numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period;
Uncertificated REMIC 2 Pass-Through Rate. With respect to REMIC 2 Regular Interest I and REMIC 2 Regular Interest P, a per annum rate equal to the weighted average of the Uncertificated REMIC 1 Pass-Through Rates on the REMIC 1 Regular Interests (weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest). With respect to each REMIC 2 Regular Interest ending with the designation “A”, a per annum rate equal to the weighted average of the Uncertificated REMIC 1 Pass-Through Rates on the REMIC 1 Regular Interests (weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest) multiplied by 2, subject to a maximum rate of 10.200%. With respect to each REMIC 2 Regular Interest ending with the designation “B”, the greater of (x) a per annum rate equal to the excess, if any, of (i) 2 multiplied by the weighted average of the Uncertificated REMIC 1 Pass-Through Rates on the REMIC 1 Regular Interests (weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest) over (ii) 10.400% and (y) 0.00%.
Examples of Uncertificated REMIC 2 Pass-Through Rate in a sentence
The following table irrevocably sets forth the designation, the Uncertificated REMIC 2 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 REMIC 2 Regular Interests.
The following table irrevocably sets forth the designation, the Uncertificated REMIC 2 Pass-Through Rate, the initial Uncertificated Principal Balance, and for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 2 Regular Interests.
The following table irrevocably sets forth the designation, the Uncertificated REMIC 2 Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 2 Regular Interests (as defined herein) certificated.
The rights and remedies of the County provided in this paragraph shall not be exclusive but are in addition to any remedies provided in this Contract or as provided for by law.
Also, an electron dispense energy to a field and slows down if it is moving in the same direction as the field (positive to negative).
More Definitions of Uncertificated REMIC 2 Pass-Through Rate
Uncertificated REMIC 2 Pass-Through Rate. With respect to REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LT2A1A, REMIC 2 Regular Interest LT2A1B, REMIC 2 Regular Interest LT2A2, REMIC 2 Regular Interest LT2A3, REMIC 2 Regular Interest LT2A4, REMIC 2 Regular Interest LT2M1, REMIC 2 Regular Interest LT2M2, REMIC 2 Regular Interest LT2M3, REMIC 2 Regular Interest LT2M4, REMIC 2 Regular Interest LT2M5, REMIC 2 Regular Interest LT2M6, REMIC 2 Regular Interest LT2M7, REMIC 2 Regular Interest LT2ZZ, REMIC 2 Regular Interest LT2P, REMIC 2 Regular Interest LT2SUB1, REMIC 2 Regular Interest LT2SUB2 and REMIC 2 Regulxx Xxxxxxxx XX0XX, the weighted average of the Uncertificated REMIC 1 Pass- Through Rates on the REMIC 1 Regular Interests, weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest. With respect to REMIC 2 Regular Interest LT2GRP1, the weighted average of the Uncertificated REMIC 1 Pass-Through Rates on REMIC 1 Regular Interest LT1, REMIC 1 Regular Interest LT1PF and REMIC 1 Regular Interest LTP, weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest and with respect REMIC 2 Regular Interest LT2GRP2, the weighted average of the REMIC 1 Remittance on REMIC 1 Regular Interest LT2 and REMIC 1 Regular Interest LT2PF, weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest.
Uncertificated REMIC 2 Pass-Through Rate. With respect to REMIC 2 Regular Interest AA, REMIC 2 Regular Interest A-1, REMIC 2 Regular Interest A-1M, REMIC 2 Regular Interest A-1W, REMIC 2 Regular Interest A-2A, REMIC 2 Regular Interest A-2B, REMIC 2 Regular Interest A-2C, REMIC 2 Regular Interest A-2D, REMIC 2 Regular Interest M-1, REMIC 2 Regular Interest M-2, REMIC 2 Regular Interest M-3, REMIC 2 Regular Interest M-4, REMIC 2 Regular Interest M-5, REMIC 2 Regular Interest M-6, REMIC 2 Regular Interest M-7, REMIC 2 Regular Interest M-8, REMIC 2 Regular Interest B, REMIC 2 Regular Interest P and REMIC 2 Regular Interest ZZ, a per annum rate (but not less than zero) equal to the weighted average of: (x) with respect to REMIC 1 Regular Interest A-I and each REMIC 1 Regular Interest ending with the designation "B", the weighted average of the Uncertificated REMIC 1 Pass-Through Rates for such REMIC 1 Regular Interests, weighted on the basis of the Uncertificated Principal Balances of such REMIC 1 Regular Interests for each such Distribution Date and (y) with respect to REMIC 1 Regular Interests ending with the designation "A", for each Distribution Date listed below, the weighted average of the rates listed below for each such REMIC 1 Regular Interest listed below, weighted on the basis of the Uncertificated Principal Balances of each such REMIC 1 Regular Interest for each such Distribution Date:
Uncertificated REMIC 2 Pass-Through Rate. For any Distribution Date, with respect to REMIC 2 Regular Interest MT-AA, REMIC 2 Regular Interest MT-A1, REMIC 2 Regular Interest MT-A2, REMIC 2 Regular Interest MT-A3, REMIC 2 Regular Interest MT-A4, REMIC 2 Regular Interest MT-A5, REMIC 2 Regular Interest MT-M1, REMIC 2 Regular Interest MT-M2, REMIC 2 Regular Interest MT-B, REMIC 2 Regular Interest MT-ZZ, REMIC 2 Regular Interest MT-P and REMIC 2 Regular Interest MT-R, the Net WAC Rate for such Distribution Date.
Uncertificated REMIC 2 Pass-Through Rate. (a) With respect to REMIC 2 Regular Interest LT2A-A, the REMIC 2 IS2 Interests, and REMIC 2 Regular Interest LT3A-P, and any Distribution Date, a per annum rate equal to the weighted average of (x) the Uncertificated REMIC 1 Pass-Through Rates with respect to REMIC 1 Regular Interest LT1A-A, REMIC 1 Regular Interest LT1A-B, and REMIC 1 Regular Interest LT1A-P for such Distribution Date, and (y) the excess, if any, of (i) the Uncertificated REMIC 1 Pass-Through Rate for each REMIC 1 IS1 Interest over (i) 5.25% per annum for each Distribution Date in September 2002 through the Rate Change Date for such REMIC 1 IS1 Interest, and (ii) 0.00% per annum for each Distribution Date after the Rate Change Date for such REMIC 1 IS1 Interest, weighted on the basis of the Uncertificated Principal Balances of the respective REMIC 1 Regular Interests;
Uncertificated REMIC 2 Pass-Through Rate. For any Distribution Date, with respect to REMIC 2 Regular Interest MT-AA, REMIC 2 Regular Interest MT-A1, REMIC 2 Regular Interest MT-A2, REMIC 2 Regular Interest MT-A3, REMIC 2 Regular Interest MT-M1, REMIC 2 Regular Interest MT-M2, REMIC 2 Regular Interest MT-B1, REMIC 2 Regular Interest MT-B2, REMIC 2 Regular Interest MT-ZZ, the REMIC 2 Net WAC Rate, and for any Distribution Date with respect to REMIC 2 Regular Interest MT-P and REMIC 2 Regular Interest MT-R, in December 2003, January 2004 and February 2004, the Initial Mortgage Loan Net WAC, and for any Distribution Date thereafter, the REMIC 2 Net WAC Rate.
Uncertificated REMIC 2 Pass-Through Rate. A per annum rate (not less than zero) equal to the weighted average of:
Uncertificated REMIC 2 Pass-Through Rate. With respect to each REMIC 2 Regular Interest and each Distribution Date, the Pool Net WAC Rate.