Examples of Class C 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 C Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
In consideration of the repurchase of a Receivable, the Transferor shall remit the Repurchase Amount of such Receivable, for credit as of such last day, in the manner specified in Section 4.4. In the event that, as of the Cut-Off Date, any Receivable shall have a Contract Rate which is lower than the sum of the Class C Pass-Through Rate and the Servicing Fee Rate, the Transferor shall repurchase such Receivable on the terms and in the manner specified above.

More Definitions of Class C Pass-Through Rate

Class C Pass-Through Rate. The per annum rate set forth in the Introductory Statement hereto with respect to the Class C Certificates.

Class C Pass-Through Rate means [_______]% per annum.

Class C Pass-Through Rate. A per annum rate equal to 5.5620%; provided, however, the Class C Pass-Through Rate shall not exceed the Weighted Average Adjusted Net Mortgage Rate for the related Distribution Date.

Class C Pass-Through Rate. As set forth in “Description of the Certificates—Distributions—Pass-Through Rates” in the Prospectus Supplement; provided that such Pass-Through Rate for the initial Distribution Date shall be as set forth in the Preliminary Statement hereto.

Class C Pass-Through Rate. A per annum rate equal to the WAC Rate.

Class C Pass-Through Rate. With respect to the initial Distribution Date, 6.965461%, and thereafter, a per annum rate equal to the WAC Rate minus 0.225%.

Class C Pass-Through Rate. For any Distribution Date, a per annum rate equal to the lesser of (i) [___]% and (ii) the [WAC Rate].