Examples of Pass-Through Margin in a sentence
LIBOR plus the applicable Pass-Through Margin, and (ii) the WAC Cap.
Pass-Through Margin: Any of the Class A-1 Pass-Through Margin, the Class A-2 Pass-Through Margin, the Class A-3 Pass-Through Margin, the Class M-1 Pass-Through Margin, the Class M-2 Pass-Through Margin, the Class M-3 Pass-Through Margin, the Class M-4 Pass-Through Margin, the Class M-5 Pass-Through Margin, the Class M-6 Pass-Through Margin, the Class B-1 Pass-Through Margin, the Class B-2 Pass-Through Margin, the Class B-3 Pass-Through Margin or the Class R Pass-Through Margin.
Pass-Through Rate: With respect to any class of the LIBOR Certificates on any Distribution Date, the lesser of (1) One-Month LIBOR plus the related Pass-Through Margin for such class of Certificates, (2) the Available Funds Cap and (3) the Maximum Rate Cap.