BOND MARGIN definition
BOND MARGIN. With respect to the C▇▇▇▇ ▇-▇ ▇▇▇ds, on any Payment Date ------------ prior to the Step-Up Date, 0.360% per annum, and on any Payment Date on and after the Step-Up Date, 0.720% per annum. With respect to the Class 2-A-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.350% per annum, and on any Payment Date on and after the Step-Up Date, 0.700% per annum. With respect to the Class 2-A-2 Bonds, on any Payment Date prior to the Step-Up Date, 0.380% per annum, and on any Payment Date on and after the Step-Up Date, 0.760% per annum. With respect to the Class 3-A Bonds, on any Payment Date prior to the Step-Up Date, 0.410% per annum, and on any Payment Date on and after the Step-Up Date, 0.820% per annum. With respect to the Class 3-M-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.570% per annum, and on any Payment Date on and after the Step-Up Date, 0.855% per annum. With respect to the Class 3-M-2 Bonds, on any Payment Date prior to the Step-Up Date, 1.05% per annum, and on any Payment Date on and after the Step-Up Date, 1.575% per annum. With respect to the Class 3-B Bonds, on any Payment Date prior to the Step-Up Date, 1.750% per annum, and on any Payment Date on and after the Step-Up Date, 2.625% per annum.
BOND MARGIN. With respect to the Class A Bonds, on any Payment Date prior to the Step-Up Date, 0.320% per annum, and on any Payment Date thereafter, 0.640% per annum. With respect to the Class B Bonds, on any Payment Date prior to the Step-Up Date, 2.250% per annum, and on any Payment Date thereafter, 3.375% per annum.
BOND MARGIN. With respect to the Class A-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.28% per annum, and on any Payment Date thereafter, 0.56% per annum. With respect to the Class A-2 Bonds, on any Payment Date prior to the Step-Up Date, 0.42% per annum, and on any Payment Date thereafter, 0.84% per annum. With respect to the Class M-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.650% per annum, and on any Payment Date thereafter, 0.975% per annum. With respect to the Class M-2 Bonds, on any Payment Date prior to the Step-Up Date, 1.050% per annum, and on any Payment Date thereafter, 1.575% per annum. With respect to the Class B Bonds, on any Payment Date prior to the Step-Up Date, 2.00% per annum, and on any Payment Date thereafter, 3.00% per annum.
More Definitions of BOND MARGIN
BOND MARGIN. With respect the Class A-1 Bonds is equal to 0.40% prior to the Step-Up Date and 0.80% thereafter. With respect the Class A-2 Bonds is equal to 0.63% prior to the Step-Up Date and 1.26% thereafter.
BOND MARGIN. With respect to the Class A Bonds, on any Payment Date prior ▇▇ ▇▇▇ ▇▇▇▇-Up Date, 0.320% per annum, and on any Payment Date on and after the Step-Up Date, 0.640% per annum. With respect to the Class M Bonds, on any Payment Date prior to the Step-Up Date, 1.650% per annum, and on any Payment Date on and after the Step-Up Date, 2.475% per annum. With respect to the Class B Bonds, on any Payment Date prior to the Step-Up Date, 3.000% per annum, and on any Payment Date on and after the Step-Up Date, 4.500% per annum.
BOND MARGIN. With respect to the Class A-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.380% per annum, and on any Payment Date on and after the Step-Up Date, 0.760% per annum. With respect to the Class A-2 Bonds, on any Payment Date prior to the Step-Up Date, 0.500% per annum, and on any Payment Date on and after the Step-Up Date, 1.000% per annum. With respect to the Class M-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.650% per annum, and on any Payment Date on and after the Step-Up Date, 0.975% per annum. With respect to the Class M-2 Bonds, on any Payment Date prior to the Step-Up Date, 1.200% per annum, and on any Payment Date on and after the Step-Up Date, 1.800% per annum. With respect to the Class M-3 Bonds, on any Payment Date prior to the Step-Up Date, 1.350% per annum, and on any Payment Date on and after the Step-Up Date, 2.025% per annum. With respect to the Class M-4 Bonds, on any Payment Date prior to the Step-Up Date, 1.450% per annum, and on any Payment Date on and after the Step-Up Date, 2.175% per annum.
BOND MARGIN. With respect to the Class A-1 Bonds and any Payment Date, 0.40% per annum multiplied by the Rate Factor. With respect to the Class M Bonds and any Payment Date, 0.75% per annum multiplied by the Rate Factor.
BOND MARGIN. With respect to the Class A-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.260% per annum, and on any Payment Date on and after the Step-Up Date, 0.520% per annum. With respect to the Class A-2 Bonds, on any Payment Date prior to the Step-Up Date, 0.250% per annum, and on any Payment Date on and after the Step-Up Date, 0.500% per annum. With respect to the Class A-3 Bonds, on any Payment Date prior to the Step-Up Date, 0.310% per annum, and on any Payment Date on and after the Step-Up Date, 0.620% per annum. With respect to the Class M-1 Bonds, on any Payment Date prior to the Step-Up Date, 0.480% per annum, and on any Payment Date on and after the Step-Up Date, 0.720% per annum. With respect to the Class M-2 Bonds, on any Payment Date prior to the Step-Up Date, 0.550% per annum, and on any Payment Date on and after the Step-Up Date, 0.825% per annum. With respect to the Class M-3 Bonds, on any Payment Date prior to the Step-Up Date, 0.950% per annum, and on any Payment Date on and after the Step-Up Date, 1.425% per annum. With respect to the Class M-4 Bonds, on any Payment Date prior to the Step-Up Date, 1.100% per annum, and on any Payment Date on and after the Step-Up Date, 1.650% per annum. With respect to the Class M-5 Bonds, on any Payment Date prior to the Step-Up Date, 1.200% per annum, and on any Payment Date on and after the Step-Up Date, 1.800% per annum.
BOND MARGIN. On any Payment Date prior to the Step-Up Date, 0.37%, and on any Payment Date thereafter, 0.74%.