Class B Pass-Through Rate definition

Class B Pass-Through Rate. As to any Distribution Date, 6.750% per annum.
Class B Pass-Through Rate. For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.
Class B Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate for such Distribution Date.

Examples of Class B Pass-Through Rate in a sentence

  • The Class B Certificates will evidence, in the aggregate, beneficial ownership of an undivided 5% interest in the Trust (other than interest received by the Trust in excess of the Class B Pass-Through Rate).


More Definitions of Class B Pass-Through Rate

Class B Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.9990%.
Class B Pass-Through Rate. As to any Distribution Date, 6.500% per annum.
Class B Pass-Through Rate. As set forth in the Upper-Tier REMIC section of the Introductory Statement of this Agreement.
Class B Pass-Through Rate. The per annum rate set forth in the Introductory Statement hereto with respect to the Class B Certificates.
Class B Pass-Through Rate. A per annum rate equal to the WAC Rate minus 0.25%.
Class B Pass-Through Rate. A per annum rate equal to 6.970%.
Class B Pass-Through Rate means ___% per annum, calculated on the basis of a 360-day year consisting of twelve 30-day months.