Class A-2 Pass-Through Rate definition

Class A-2 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.278%.

Class A-2 Pass-Through Rate. For the first Distribution Date, 5.800% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-2 Margin, (2) the Available Funds Cap for such Distribution Date and (3) the Maximum Rate Cap for such Distribution Date.

Class A-2 Pass-Through Rate. A per annum rate equal to 5.479%.

Examples of Class A-2 Pass-Through Rate in a sentence

• Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class A-2 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.

• The Certificate Interest Rate for the Class A-2 Certificates for each Distribution Date will be the lesser of (i) the Class A-2 Pass-Through Rate and (ii) the Pool Cap.

• Series 1996-LB2, Class A-2 Pass-Through Rate: ____% per annum Date of Pooling and Servicing Agreement and Cut-off Date: October 1, 1996 First Distribution Date: November 25, 1996 No.

• Bead sizes shall conform to the following gradation, as determined by ASTM D 1214: Sieve Size 3.01 CONSTRUCTION METHODS A.

• The Class A-2 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the lesser of (i) the sum of one month LIBOR plus the Class A-2 Certificate Margin and (ii) the Rate Cap for such Distribution Date.

More Definitions of Class A-2 Pass-Through Rate

Class A-2 Pass-Through Rate. A per annum fixed rate equal to 2.9699%.

Class A-2 Pass-Through Rate. With respect to any Distribution Date, a fixed rate per annum equal to 5.1080%.

Class A-2 Pass-Through Rate. For each Distribution Date, a rate per annum equal to the lesser of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the Class A-2 Certificate Margin and (b) the Group 2 Maximum Rate Cap.

Class A-2 Pass-Through Rate. With respect to any Distribution Date, a rate per annum equal to the lesser of (i) 4.9200% and (ii) the Weighted Average Net Mortgage Rate.

Class A-2 Pass-Through Rate. For any Distribution Date, a per annum fixed rate equal to [___]%.

Class A-2 Pass-Through Rate. With respect to any Payment Date, 6.00% per annum.

Class A-2 Pass-Through Rate. 7.000% per annum.