Examples of Weighted Average Net Rate in a sentence
As to any Distribution Date, a per annum rate equal to the product of (i) the Weighted Average Net Rate of the Mortgage Loans in Group III multiplied by (ii) the quotient of 30 days divided by the actual number of days in the Accrual Period.
For any Distribution Date and Group I, a per annum rate equal to the Weighted Average Net Rate of the Mortgage Loans in Group I.
For each Distribution Date after the Group 1 Bond Reset Date, the Certificate Rate for the Class A1-A Certificates will be a per annum rate equal to the lesser of (x) the Group 1 Weighted Average Net Rate and (y) the one year LIBOR Rate plus 1.25%.
For each Distribution Date after the Group 1 Bond Reset Date, the Certificate Rate on the Class A1-2 Certificates will be a per annum rate equal to the lesser of (x) the Group 1 Weighted Average Net Rate and (y) the one year CMT Rate plus 1.75%.
For each Distribution Date after the Group 1 Bond Reset Date, the Certificate Rate on the Class A-1B Certificates will be a per annum rate equal to the Group 1 Weighted Average Net Rate minus 0.48%.