Y1 definition
Examples of Y1 in a sentence
In accordance with Section Y., Assignments and Subcontracts, of this Agreement and subject to the terms and conditions in sections Y.1. through 7 of this Agreement, this paragraph constitutes DEO’s written approval for Grantee to subcontract for any of the deliverables and/or tasks identified in the Scope of Work for this Agreement.
The project is divided into reporting periods of the following duration: - P1: from month 1 to month X - P2: from month X+1 to month Y - P3: from month Y+1 to month Z - (…) - [final]: from month [N+1] to the last month of the project Any report and deliverable, when appropriate, required by this grant agreement shall be in [insert language].
Such amount shall be allocated first to the Class II-LTY and II-LTY2 Regular Interests up to the Class Y-1 Principal Reduction Amount and Class Y-2 Principal Reduction Amount, respectively, and thereafter the remainder shall be allocated to the Class II-LT1 Regular Interest.
For REMIC purposes, the Group L-B Weighted Average Pass-Through Rate for any Distribution Date shall equal the weighted average of the Certificate Interest Rates for the Class Y-1 and Class Y-2 Regular Interests.
For purposes of the first Interest Date computation, $0.0075 shall be used as the Y1.