Note Margin definition

Note Margin. With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.
Note Margin. With respect to each adjustable rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit G-1 and Exhibit G-2 hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such adjustable rate Mortgage Loan until the next Adjustment Date.
Note Margin. With respect to each adjustable-rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated on the Mortgage Loan Schedule as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such adjustable-rate Mortgage Loan until the next Adjustment Date. Officers' Certificate: A certificate signed by the Chairman of the Board, the President, a Vice President, Assistant Vice President, Director, Managing Director, the Treasurer, the Secretary, an Assistant Treasurer or an Assistant Secretary of the Depositor or the Master Servicer, as the case may be, and delivered to the Trustee, as required by this Agreement.

Examples of Note Margin in a sentence

  • Riders Sources:CIA Education Note: Best Estimate Assumptions for Expenses – Nov 2006 CIA Education Note: Margin for Adverse Deviations (MfAD) – Nov 2006Commentary on Question:Commentary listed underneath question component.

  • Sources:Educational Note Comparison of IFRS 17 to Current CIA Standards of Practice, September 2018 LFV-141-18: IFRS 17 Insurance Contracts – IFRS Standards Effects Analysis, May 2017, IASB (section 1, 2, 4, 6, 9 and Appendix A&B) Educational Note on Setting Expected Mortality Assumption in CGAAP Life Insurance Valuation CIA Educational Note: Margin for Adverse Deviations (MfADs), November 2006 Commentary on Question:Commentary listed underneath question component.

  • Re-priced MarginThe Issuer shall, subject to the receipt of the Re- priced Margin Rate, as contemplated in clause 8.2 of the Facility Agreement be obliged to increase the Note Margin, which increased Note Margin will be payable by the Issuer on the immediately following Floating Interest Payment Date.30.

  • Antenna Polarization: HORIZONTAL/VERTICALDetectors: Peak, Quasi-peak Note: Margin refers to the test results obtained minus specified requirement; thus a positive number indicates failure, and a negative result indicates that the product passes the test.

  • Cash and bank balances ` in Lakhs Current31-Mar-15 31-Mar-14 Cash and cash equivalents Balances with banks: – On current accounts180.99 22.04 Cash on hand0.02 0.09 Other Bank Balances - Margin Money Deposit *- 37.46 - Deposits with original maturity for more than 3 months but less than 12 months40.68 - Total221.69 59.59 * Note: Margin Money deposit given as security against bank guarantee 11.


More Definitions of Note Margin

Note Margin. With respect to the Class A-1 Notes, on any Payment Date prior to the Step-up Date, 0.260% per annum, and on any Payment Date on and after the Step-up Date, 0.520% per annum. With respect to the Class A-2 Notes, on any Payment Date prior to the Step-up Date, 0.340% per annum, and on any Payment Date on and after the Step-up Date, 0.680% per annum. With respect to the Class M-1 Notes, on any Payment Date prior to the Step-up Date, 0.490% per annum, and on any Payment Date on and after the Step-up Date, 0.735% per annum. With respect to the Class M-2 Notes, on any Payment Date prior to the Step-up Date, 0.520% per annum, and on any Payment Date on and after the Step-up Date, 0.780% per annum. With respect to the Class M-3 Notes, on any Payment Date prior to the Step-up Date, 0.540% per annum, and on any Payment Date on and after the Step-up Date, 0.810% per annum. With respect to the Class M-4 Notes, on any Payment Date prior to the Step-up Date, 0.750% per annum, and on any Payment Date on and after the Step-up Date, 1.125% per annum. With respect to the Class M-5 Notes, on any Payment Date prior to the Step-up Date, 2.100% per annum, and on any Payment Date on and after the Step-up Date, 3.150% per annum. With respect to the Class B-1 Notes, on any Payment Date prior to the Step-up Date, 2.100% per annum, and on any Payment Date on and after the Step-up Date, 3.150% per annum. With respect to the Class B-2 Notes, on any Payment Date prior to the Step-up Date, 2.100% per annum, and on any Payment Date on and after the Step-up Date, 3.150% per annum.
Note Margin. With respect to the Class A Notes, ____% per annum. With respect to the Class M-1 Notes, ____% per annum. With respect to the Class B-1 Notes, ____% per annum.
Note Margin. As to each Adjustable Group II Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit D-2 hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Group II Loan until the next Adjustment Date.
Note Margin. With respect to the Class A-1 Notes, on any Payment Date prior to the Step-Up Date, 0.37% per annum, and on any Payment Date on and after the Step-Up Date, 0.74% per annum. With respect to the Class A-2 Notes, on any Payment Date prior to the Step-Up Date, 0.45% per annum, and on any Payment Date on and after the Step-Up Date, 0.90% per annum. With respect to the Class M-1 Notes, on any Payment Date prior to the Step-Up Date, 0.65% per annum, and on any Payment Date on and after the Step-Up Date, 0.975% per annum. With respect to the Class M-2 Notes, on any Payment Date prior to the Step-Up Date, 1.15% per annum, and on any Payment Date on and after the Step-Up Date, 1.725% per annum. With respect to the Class B-1 Notes, on any Payment Date prior to the Step-Up Date, 1.50% per annum, and on any Payment Date on and after the Step-Up Date, 2.25% per annum.
Note Margin. As to any Adjustable Rate Note, the respective amount set forth below: Class Note Margin
Note Margin. As to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One, Exhibit Two, Exhibit Three or Exhibit Four, as applicable, hereto as the "NOTE MARGIN," which percentage is added to the related Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Initial Rate Cap, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.
Note Margin. With respect to each Class of Class A and Xxxxxxxxx Notes, the margin set forth below: Note Margin Class (1) (%) (2) (%) A-1ss 0.260 0.520 A-1mza 0.260 0.520 A-1mzb 0.230 0.460 A-1mzc 0.350 0.700 A-2a 0.090 0.180 A-2b 0.180 0.360 A-2c 0.300 0.600 A-2mz 0.260 0.520 M-1 0.430 0.645 M-2 0.450 0.675 M-3 0.490 0.735 M-4 0.630 0.945 M-5 0.650 0.975 M-6 0.680 1.020 M-7 1.250 1.875 M-8 1.350 2.025 M-9 1.750 2.625 __________