Class A Pass-Through Rate. As to the Class A-1 and Class A-R Certificates, the Class A Fixed Pass-Through Rate. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.
Class A Pass-Through Rate. As to the Class A-12, Class A-13, Class A-14, Class A-R and Class A-LR Certificates, the Class A Fixed Pass-Through Rate. As to the Class A-1, Class A-2, Class A-3, Class A-4, Class A-8 and Class A-11 Certificates, 6.000% per annum. As to the Class A-7 Certificates, 6.400% per annum. As to the Class A-10 Certificates, 6.750% per annum. As to the Class A-9 Certificates, 7.000% per annum. As to the Class A-5 Certificates, the Class A-5 Pass-Through Rate. As to the Class A-6 Certificates, the Class A-6 Pass-Through Rate. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.
Class A Pass-Through Rate. For the first Distribution Date, 2.940% per annum, and on any Distribution Date thereafter, the lesser of (i) One-Month LIBOR for the related Accrual Period plus the Class A Margin for such Distribution Date and (ii) the Interest Rate Cap for such Distribution Date.
Examples of Class A Pass-Through Rate in a sentence
The Certificates will evidence, in the aggregate, beneficial ownership of an undivided 95% interest in the Trust (other than interest received by the Trust in excess of the Class A Pass-Through Rate).
More Definitions of Class A Pass-Through Rate
Class A Pass-Through Rate. As set forth in the Upper-Tier REMIC section of the Introductory Statement of this Agreement.
Class A Pass-Through Rate. The per annum rate set forth in the Introductory Statement hereto with respect to the Class A Certificates.
Class A Pass-Through Rate. As to the Class I-A-1, Class I-A-R and Class I-A-LR Certificates, 5.000% per annum. As to the Class II-A-1, Class II-A-2 and Class II-A-3 Certificates, 5.500% per annum. The Class A-PO Certificates are not entitled to interest and do not have Class A Pass-Through Rates.
Class A Pass-Through Rate means ___% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.
Class A Pass-Through Rate. As to any Distribution Date, the Class A Pass-Through Rate will be a per annum rate equal to the weighted average of the Net Mortgage Interest Rates of the Mortgage Loans (based on Scheduled Principal Balances of the Mortgage Loans on the first day of the month preceding the month of such Distribution Date).
Class A Pass-Through Rate. As applicable, the Class A-1 Pass-Through Rate, the Class A-2 Pass-Through Rate, the Class A-3 Pass-Through Rate, the Class A-4 Pass-Through Rate, the Class A-5 Pass-Through Rate, the Class A-6 Pass-Through Rate, the Class A-7 Pass-Through Rate, the Class A-8 Pass-Through Rate and the Class A-9IO Pass-Through Rate.
Class A Pass-Through Rate. For each Distribution Date and any of the Group I-A Certificates, the Class A Pass-Through Rate will be a per annum rate equal to Net WAC of the Group I Mortgage Loans. For each Distribution Date and any of the Group II-A Certificates, the Class A Pass-Through Rate will be a per annum rate equal to Net WAC of the Group II Mortgage Loans.