Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.
ANNUAL RATE ADJUST: MONTHLY P&I : 2,265.65 OUTSIDE CONV DATE : LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.62500 PRODUCT CODE : 002 LTV : 89.51300 ---------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,978,500.00 P & I AMT: 13,746.84 UPB AMT: 1,974,826.42 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 03/01/98 P.O. BOX 5260 TMS AG0004980530 00 01 04 PAGE: 20 CHERRY HILL, N.J. 08034 (800) 257-7818 0 ---------------------------------------------------------------- 0 0031142052 MORTGAGORS: BROWN JAMES XXXXN XXXXX XXXXXX XXXX XXXXXXX : 000 DEER TRAIL LAKES XX 01 CITY : XXXXXXXXXXX STATE/ZIP : GA 30523 MORTGAGE AMOUNT : 244,200.00 OPTION TO CONVERT : UNPAID BALANCE : 244,018.76 ANNUAL RATE ADJUST: MONTHLY P&I : 1,707.49 OUTSIDE CONV DATE : LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28 CURRENT INT RATE: 7.50000 PRODUCT CODE : 002 LTV : 88.80000 ---------------------------------------------------------------- 0 0031142136 MORTGAGORS: BAKKER LESLEY XXXXXX XXXXRIK REGION CODE ADDRESS : 000 XXXXXXX XXXX 01 CITY : MEDIA STATE/ZIP : PA 19063 MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT : UNPAID BALANCE : 256,294.88 ANNUAL RATE ADJUST: MONTHLY P&I : 1,728.09 OUTSIDE CONV DATE : LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/28 CURRENT INT RATE: 7.12500 PRODUCT CODE : 002 LTV : 95.00000 ---------------------------------------------------------------- 0 0031142474 MORTGAGORS: BERNATH NOEL
Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.
Advance Rate has the meaning assigned to such term in Section 5.13.
T-Bill Rate means, for any Quarterly Floating Rate Period, the average yield expressed as a percentage per annum on three-month Government of Canada Treasury Bills, as reported by the Bank of Canada, for the most recent treasury bills auction preceding the applicable Floating Rate Calculation Date.
Rental Rate means the average annualized composite rate for United States treasury bonds issued for periods of ten years and longer plus two percent. The rental rate shall not exceed ten and three-quarters percent nor fall below eight and one-quarter percent.
Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.
Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.
CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.
Bank Bill Rate ’, for an Interest Period, means the average mid rate for Bills having a tenor closest to the Interest Period as displayed on the ‘‘BBSW’’ page of the Reuters Monitor System on the first day of that Interest Period as determined by the Calculation Agent.
SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.
Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the weekly average yield to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the most recent weekly average yield to maturity for two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15 (519). If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.