Common use of Distribution Date REMIC I Regular Interest Rate Clause in Contracts

Distribution Date REMIC I Regular Interest Rate. 30 I-30-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-29-A REMIC I Remittance Rate I-1-A through I-30-A REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate I-1-A through I-32-A REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-38-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37-A REMIC I Remittance Rate 39 I-39-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38-A REMIC I Remittance Rate 40 I-40-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39-A REMIC I Remittance Rate 41 I-41-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40-A REMIC I Remittance Rate 42 I-42-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41-A REMIC I Remittance Rate I-1-A through I-42-A REMIC I Remittance Rate 44 I-44-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43-A REMIC I Remittance Rate

Appears in 1 contract

Samples: Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1)

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Distribution Date REMIC I Regular Interest Rate. 30 I-3045 I-45-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-29I-44-A REMIC I Remittance Rate I-1-A through I-30I-45-A REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate I-1-A through I-32-A REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-3847 I-47-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37I-46-A REMIC I Remittance Rate 39 I-39I-1-A through I-47-A REMIC I Remittance Rate 49 I-49-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38I-48-A REMIC I Remittance Rate 40 I-4050 I-50-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39I-49-A REMIC I Remittance Rate 41 I-4151 I-51-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40I-50-A REMIC I Remittance Rate 42 I-4252 I-52-A through and I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41I-51-A REMIC I Remittance Rate I-1-A through I-42I-52-A REMIC I Remittance Rate 44 I-44thereafter I-1-A through I-53-A REMIC I Remittance Rate With respect to REMIC II Regular Interest IO, and (i) the 1st Distribution Date through the 53th Distribution Date, the excess of (x) the weighted average of the REMIC I Remittance Rates for REMIC I Regular Interests including the designation “A”, over (y) 2 multiplied by Swap LIBORLIBOR and (iii) thereafter, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43-A REMIC I Remittance Rate0.00%.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1)

Distribution Date REMIC I Regular Interest Rate. 30 I-301 I-1-A through I-53I-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate I-1II-1-A through I-29-A REMIC I Remittance Rate I-1-A through I-30-A REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate I-1-A through I-32-A REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-38-A through I-53II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate II-2-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate Uncertificated REMIC I Pass-Through Rate I-1-A through I-37Uncertificated REMIC I Pass-Through Rate II-1-A Uncertificated REMIC I Remittance Pass-Through Rate 39 I-39II-3-A through I-53II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate I-1-A through I-38and I-2-A Uncertificated REMIC I Remittance Pass-Through Rate 40 I-40II-1-A and II-2-A Uncertificated REMIC I Pass-Through Rate II-4-A through I-53II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate I-1-A through I-39I-3-A Uncertificated REMIC I Remittance Pass-Through Rate 41 I-41II-1-A through I-53II-3-A Uncertificated REMIC I Pass-Through Rate II-5-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate I-1-A through I-40I-4-A Uncertificated REMIC I Remittance Pass-Through Rate 42 I-42II-1-A through I-53II-4-A Uncertificated REMIC I Pass-Through Rate II-6-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate I-1-A through I-41I-5-A Uncertificated REMIC I Remittance Pass-Through Rate I-1II-1-A through I-42II-5-A Uncertificated REMIC I Remittance Pass-Through Rate 44 I-44II-7-A through I-53II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Remittance Pass-Through Rate I-1-A through I-43I-6-A Uncertificated REMIC I Remittance Pass-Through Rate II-1-A through II-6-A Uncertificated REMIC I Pass-Through Rate II-8-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-7-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-7-A Uncertificated REMIC I Pass-Through Rate II-9-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-8-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-8-A Uncertificated REMIC I Pass-Through Rate II-10-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate II-1-A through II-9-A Uncertificated REMIC I Pass-Through Rate II-11-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-10-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-10-A Uncertificated REMIC I Pass-Through Rate II-12-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-11-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-11-A Uncertificated REMIC I Pass-Through Rate II-13-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-12-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-12-A Uncertificated REMIC I Pass-Through Rate II-14-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-13-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-13-A Uncertificated REMIC I Pass-Through Rate II-15-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-14-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-14-A Uncertificated REMIC I Pass-Through Rate II-16-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-15-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-15-A Uncertificated REMIC I Pass-Through Rate II-17-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-16-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-16-A Uncertificated REMIC I Pass-Through Rate 18 I-18-A through I-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate II-18-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-17-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-17-A Uncertificated REMIC I Pass-Through Rate II-19-A through II-60-A 2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC I Pass-Through Rate I-1-A through I-18-A Uncertificated REMIC I Pass-Through Rate II-1-A through II-18-A Uncertificated REMIC I Pass-Through Rate

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-Fr1)

Distribution Date REMIC I Regular Interest Rate. 30 I-30I-1-A through I-53I-16-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-17-A REMIC I Remittance Rate I-1-A through I-18-A REMIC I Remittance Rate I-1-A through I-19-A REMIC I Remittance Rate I-1-A through I-20-A REMIC I Remittance Rate I-1-A through I-21-A REMIC I Remittance Rate I-1-A through I-22-A REMIC I Remittance Rate I-1-A through I-23-A REMIC I Remittance Rate I-1-A through I-24-A REMIC I Remittance Rate I-1-A through I-25-A REMIC I Remittance Rate I-1-A through I-26-A REMIC I Remittance Rate I-1-A through I-27-A REMIC I Remittance Rate I-1-A through I-28-A REMIC I Remittance Rate I-1-A through I-29-A REMIC I Remittance Rate I-1-A through I-30-A REMIC I Remittance Rate 38 I-32-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate I-139 I-33-A through I-32I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 40 I-34-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate 41 I-35-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate 42 I-36-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 44 I-38-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37-A REMIC I Remittance Rate 39 45 I-39-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38-A REMIC I Remittance Rate 40 I-40-A through I-53-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39-A REMIC I Remittance Rate 41 47 I-41-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40-A REMIC I Remittance Rate 42 48 I-42-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41-A REMIC I Remittance Rate 49 I-43-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-42-A REMIC I Remittance Rate 44 50 I-44-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43-A REMIC I Remittance RateRate 51 I-45-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-44-A REMIC I Remittance Rate 52 I-46-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-45-A REMIC I Remittance Rate I-1-A through I-46-A REMIC I Remittance Rate I-1-A through I-47-A REMIC I Remittance Rate 55 I-49-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-48-A REMIC I Remittance Rate 56 I-50-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-49-A REMIC I Remittance Rate 57 I-51-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-50-A REMIC I Remittance Rate 58 I-52-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-51-A REMIC I Remittance Rate I-1-A through I-52-A REMIC I Remittance Rate I-1-A through I-53-A REMIC I Remittance Rate thereafter I-1-A through I-54-A REMIC I Remittance Rate With respect to REMIC II Regular Interest II-GRP, a per annum rate (but not less than zero) equal to the weighted average of: (w) with respect to REMIC I Regular Interest II, the REMIC I Remittance Rate for such REMIC I Regular Interest for each such Distribution Date, (x) with respect to REMIC I Group II Regular Interests ending with the designation “B”, the weighted average of the REMIC I Remittance Rates for such REMIC I Regular Interests, weighted on the basis of the Uncertificated Balances of each such REMIC I Regular Interest for each such Distribution Date and (y) with respect to REMIC I Group II Regular Interests ending with the designation “A”, for each Distribution Date listed below, the weighted average of the rates listed below for such REMIC I Regular Interests listed below, weighted on the basis of the Uncertificated Balances of each such REMIC I Regular Interest for each such Distribution Date: 1st through 6th II-1-A through II-54-A REMIC I Remittance Rate II-1-A REMIC I Remittance Rate 9 II-3-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A and II-2-A REMIC I Remittance Rate II-1-A through II-3-A REMIC I Remittance Rate II-1-A through II-4-A REMIC I Remittance Rate II-1-A through II-5-A REMIC I Remittance Rate II-1-A through II-6-A REMIC I Remittance Rate II-1-A through II-7-A REMIC I Remittance Rate II-1-A through II-8-A REMIC I Remittance Rate II-1-A through II-9-A REMIC I Remittance Rate II-1-A through II-10-A REMIC I Remittance Rate 18 II-12-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-11-A REMIC I Remittance Rate II-1-A through II-12-A REMIC I Remittance Rate 20 II-14-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-13-A REMIC I Remittance Rate II-1-A through II-14-A REMIC I Remittance Rate II-1-A through II-15-A REMIC I Remittance Rate II-1-A through II-16-A REMIC I Remittance Rate 24 II-18-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-17-A REMIC I Remittance Rate II-1-A through II-18-A REMIC I Remittance Rate II-1-A through II-19-A REMIC I Remittance Rate 27 II-21-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-20-A REMIC I Remittance Rate II-1-A through II-21-A REMIC I Remittance Rate 29 II-23-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-22-A REMIC I Remittance Rate 30 II-24-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-23-A REMIC I Remittance Rate II-1-A through II-24-A REMIC I Remittance Rate 32 II-26-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-25-A REMIC I Remittance Rate 33 II-27-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-26-A REMIC I Remittance Rate 34 II-28-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-27-A REMIC I Remittance Rate 35 II-29-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-28-A REMIC I Remittance Rate 36 II-30-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-29-A REMIC I Remittance Rate II-1-A through II-30-A REMIC I Remittance Rate 38 II-32-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-31-A REMIC I Remittance Rate 39 II-33-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-32-A REMIC I Remittance Rate 40 II-34-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-33-A REMIC I Remittance Rate 41 II-35-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-34-A REMIC I Remittance Rate 42 II-36-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-35-A REMIC I Remittance Rate 43 II-37-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-36-A REMIC I Remittance Rate 44 II-38-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-37-A REMIC I Remittance Rate 45 II-39-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-38-A REMIC I Remittance Rate II-1-A through II-39-A REMIC I Remittance Rate 47 II-41-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-40-A REMIC I Remittance Rate 48 II-42-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-41-A REMIC I Remittance Rate 49 II-43-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-42-A REMIC I Remittance Rate 50 II-44-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-43-A REMIC I Remittance Rate 51 II-45-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-44-A REMIC I Remittance Rate 52 II-46-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-45-A REMIC I Remittance Rate 53 II-47-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-46-A REMIC I Remittance Rate 54 II-48-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-47-A REMIC I Remittance Rate 55 II-49-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-48-A REMIC I Remittance Rate 56 II-50-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-49-A REMIC I Remittance Rate 57 II-51-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-50-A REMIC I Remittance Rate 58 II-52-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-51-A REMIC I Remittance Rate 59 II-53-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-52-A REMIC I Remittance Rate II-1-A through II-53-A REMIC I Remittance Rate thereafter II-1-A through II-54-A REMIC I Remittance Rate With respect to REMIC II Regular Interest IO, and (i) the 1st Distribution Date through the 6th Distribution Date, the excess of (x) the weighted average of the REMIC I Remittance Rates for REMIC I Regular Interests including the designation “A”, over (y) the weighted average of the REMIC I Remittance Rates for REMIC I Regular Interests including the designation “A”, (ii) the 7th Distribution Date through the 60th Distribution Date, the excess of (x) the weighted average of the REMIC I Remittance Rates for REMIC I Regular Interests including the designation “A”, over (y) 2 multiplied by Swap LIBOR and (iii) thereafter, 0.00%. With respect to REMIC II Regular Interest P, 0.00%.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Asap1)

Distribution Date REMIC I Regular Interest Rate. 30 I-301 I-1-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 2 I-2-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-2-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A REMIC I Remittance Rate II-1-A REMIC I Remittance Rate 3 I-3-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-3-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate DISTRIBUTION DATE REMIC I REGULAR INTEREST RATE ------------- ------------------------ -------------------------------------------------------------------------------- I-1-A and I-2-A REMIC I Remittance Rate II-1-A and II-2-A REMIC I Remittance Rate 4 I-4-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-4-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-29I-3-A REMIC I Remittance Rate I-1II-1-A through I-30II-3-A REMIC I Remittance Rate I-15 I-5-A through I-31I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1II-5-A through I-32-A REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-38-A through I-53II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37I-4-A REMIC I Remittance Rate 39 I-39II-1-A through I-53II-4-A REMIC I Remittance Rate 6 I-6-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-6-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38I-5-A REMIC I Remittance Rate 40 I-40II-1-A through I-53II-5-A REMIC I Remittance Rate 7 I-7-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-7-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39I-6-A REMIC I Remittance Rate 41 I-41II-1-A through I-53II-6-A REMIC I Remittance Rate 8 I-8-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-8-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40I-7-A REMIC I Remittance Rate 42 I-42II-1-A through I-53II-7-A REMIC I Remittance Rate 9 I-9-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-9-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41I-8-A REMIC I Remittance Rate I-1II-1-A through I-42II-8-A REMIC I Remittance Rate 44 I-4410 I-10-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-10-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43I-9-A REMIC I Remittance RateRate II-1-A through II-9-A REMIC I Remittance Rate 11 I-11-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-11-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-10-A REMIC I Remittance Rate II-1-A through II-10-A REMIC I Remittance Rate 12 I-12-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-12-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-11-A REMIC I Remittance Rate II-1-A through II-11-A REMIC I Remittance Rate 13 I-13-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-13-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-12-A REMIC I Remittance Rate II-1-A through II-12-A REMIC I Remittance Rate 14 I-14-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-14-A through II-31-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-13-A REMIC I Remittance Rate With respect to REMIC II Regular Interest II-LTIO-1, and (a) the first 43 Distribution Dates, the excess of (i) the weighted average of the REMIC I Remittance Rates for REMIC I Group I Regular Interests ending with the designation "A", over (ii) 2 multiplied by Swap LIBOR, and (b) thereafter, 0.00%. With respect to REMIC II Regular Interest II-LTIO-2, and (a) the first 31 Distirbution Dates, the excess of (i) the weighted average of the REMIC I Remittance Rates for REMIC I Group II Regular Interests ending with the designation "A", over (ii) 2 multiplied by Swap LIBOR, and (b) thereafter, 0.00%.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-He1)

Distribution Date REMIC I Regular Interest Rate. I-1-A through I-4-A REMIC I Remittance Rate II-1-A through II-4-A REMIC I Remittance Rate 12 I-6-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-6-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-5-A REMIC I Remittance Rate II-1-A through II-5-A REMIC I Remittance Rate 13 I-7-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-7-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-6-A REMIC I Remittance Rate II-1-A through II-6-A REMIC I Remittance Rate 14 I-8-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-8-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-7-A REMIC I Remittance Rate II-1-A through II-7-A REMIC I Remittance Rate 15 I-9-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-9-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-8-A REMIC I Remittance Rate II-1-A through II-8-A REMIC I Remittance Rate 16 I-10-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-10-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-9-A REMIC I Remittance Rate II-1-A through II-9-A REMIC I Remittance Rate II-11-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-10-A REMIC I Remittance Rate II-1-A through II-10-A REMIC I Remittance Rate 18 I-12-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-12-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-11-A REMIC I Remittance Rate II-1-A through II-11-A REMIC I Remittance Rate 19 I-13-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-13-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-12-A REMIC I Remittance Rate II-1-A through II-12-A REMIC I Remittance Rate 20 I-14-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-14-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-13-A REMIC I Remittance Rate II-1-A through II-13-A REMIC I Remittance Rate 21 I-15-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-15-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-14-A REMIC I Remittance Rate II-1-A through II-14-A REMIC I Remittance Rate 22 I-16-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-16-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-15-A REMIC I Remittance Rate II-1-A through II-15-A REMIC I Remittance Rate II-17-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-16-A REMIC I Remittance Rate II-1-A through II-16-A REMIC I Remittance Rate 24 I-18-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-18-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-17-A REMIC I Remittance Rate II-1-A through II-17-A REMIC I Remittance Rate 25 I-19-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-19-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-18-A REMIC I Remittance Rate II-1-A through II-18-A REMIC I Remittance Rate 26 I-20-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-20-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-19-A REMIC I Remittance Rate II-1-A through II-19-A REMIC I Remittance Rate 27 I-21-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-21-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-20-A REMIC I Remittance Rate II-1-A through II-20-A REMIC I Remittance Rate 28 I-22-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-22-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-21-A REMIC I Remittance Rate II-1-A through II-21-A REMIC I Remittance Rate 29 I-23-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-23-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-22-A REMIC I Remittance Rate II-1-A through II-22-A REMIC I Remittance Rate 30 I-24-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-24-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-23-A REMIC I Remittance Rate II-1-A through II-23-A REMIC I Remittance Rate II-25-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-24-A REMIC I Remittance Rate II-1-A through II-24-A REMIC I Remittance Rate 32 I-26-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-26-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-25-A REMIC I Remittance Rate II-1-A through II-25-A REMIC I Remittance Rate 33 I-27-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-27-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-26-A REMIC I Remittance Rate II-1-A through II-26-A REMIC I Remittance Rate 34 I-28-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-28-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-27-A REMIC I Remittance Rate II-1-A through II-27-A REMIC I Remittance Rate 35 I-29-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-29-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-28-A REMIC I Remittance Rate II-1-A through II-28-A REMIC I Remittance Rate 36 I-30-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-30-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-29-A REMIC I Remittance Rate II-1-A through II-29-A REMIC I Remittance Rate II-31-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-30-A REMIC I Remittance Rate II-1-A through II-30-A REMIC I Remittance Rate 38 I-32-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-32-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate II-1-A through II-31-A REMIC I Remittance Rate 39 I-33-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-33-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-32-A REMIC I Remittance Rate II-1-A through II-32-A REMIC I Remittance Rate 40 I-34-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-34-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate II-1-A through II-33-A REMIC I Remittance Rate 41 I-35-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-35-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate II-1-A through II-34-A REMIC I Remittance Rate 42 I-36-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-36-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate II-1-A through II-35-A REMIC I Remittance Rate 43 I-37-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-37-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 II-1-A through II-36-A REMIC I Remittance Rate 44 I-38-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-38-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37-A REMIC I Remittance Rate 39 II-1-A through II-37-A REMIC I Remittance Rate 45 I-39-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-39-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38-A REMIC I Remittance Rate 40 I-40II-1-A through I-53II-38-A REMIC I Remittance Rate II-40-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39-A REMIC I Remittance Rate 41 II-1-A through II-39-A REMIC I Remittance Rate 47 I-41-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-41-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40-A REMIC I Remittance Rate 42 II-1-A through II-40-A REMIC I Remittance Rate 48 I-42-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-42-A through II-41-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41-A REMIC I Remittance Rate II-1-A through II-21-A REMIC I Remittance Rate 49 I-43-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-43-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-42-A REMIC I Remittance Rate 44 II-1-A through II-42-A REMIC I Remittance Rate 50 I-44-A through I-53I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-44-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43-A REMIC I Remittance Rate II-1-A through II-43-A REMIC I Remittance Rate 51 I-45-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-45-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-44-A REMIC I Remittance Rate II-1-A through II-44-A REMIC I Remittance Rate 52 I-46-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-46-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-45-A REMIC I Remittance Rate II-1-A through II-45-A REMIC I Remittance Rate 53 I-47-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-47-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-46-A REMIC I Remittance Rate II-1-A through II-46-A REMIC I Remittance Rate 54 I-48-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-48-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-47-A REMIC I Remittance Rate II-1-A through II-47-A REMIC I Remittance Rate 55 I-49-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-49-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-48-A REMIC I Remittance Rate II-1-A through II-48-A REMIC I Remittance Rate 56 I-50-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-50-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-49-A REMIC I Remittance Rate II-1-A through II-49-A REMIC I Remittance Rate 57 I-51-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-51-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-50-A REMIC I Remittance Rate II-1-A through II-50-A REMIC I Remittance Rate 58 I-52-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-52-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-51-A REMIC I Remittance Rate II-1-A through II-51-A REMIC I Remittance Rate 59 I-53-A through I-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-53-A through II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-52-A REMIC I Remittance Rate II-1-A through II-52-A REMIC I Remittance Rate II-54-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-53-A REMIC I Remittance Rate II-1-A through II-53-A REMIC I Remittance Rate thereafter I-1-A through I-54-A REMIC I Remittance Rate II-1-A through II-54-A REMIC I Remittance Rate With respect to REMIC II Regular Interest I-GRP, a per annum rate (but not less than zero) equal to the weighted average of: (w) with respect to REMIC I Regular Interest I, the REMIC I Remittance Rate for such REMIC I Regular Interest for each such Distribution Date, (x) with respect to REMIC I Group I Regular Interests ending with the designation “B”, the weighted average of the REMIC I Remittance Rates for such REMIC I Regular Interests, weighted on the basis of the Uncertificated Balances of each such REMIC I Regular Interest for each such Distribution Date and (y) with respect to REMIC I Group I Regular Interests ending with the designation “A”, for each Distribution Date listed below, the weighted average of the rates listed below for such REMIC I Regular Interests listed below, weighted on the basis of the Uncertificated Balances of each such REMIC I Regular Interest for each such Distribution Date: 1st through 6th I-1-A through I-54-A REMIC I Remittance Rate I-1-A REMIC I Remittance Rate I-1-A and I-2-A REMIC I Remittance Rate I-1-A through I-3-A REMIC I Remittance Rate I-1-A through I-4-A REMIC I Remittance Rate I-1-A through I-5-A REMIC I Remittance Rate I-1-A through I-6-A REMIC I Remittance Rate I-1-A through I-7-A REMIC I Remittance Rate I-1-A through I-8-A REMIC I Remittance Rate I-1-A through I-9-A REMIC I Remittance Rate I-1-A through I-10-A REMIC I Remittance Rate I-1-A through I-11-A REMIC I Remittance Rate I-1-A through I-12-A REMIC I Remittance Rate I-1-A through I-13-A REMIC I Remittance Rate I-1-A through I-14-A REMIC I Remittance Rate I-1-A through I-15-A REMIC I Remittance Rate

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Asap1)

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Distribution Date REMIC I Regular Interest Rate. 2 I-2-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A REMIC I Remittance Rate 3 I-3-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A and I-2-A REMIC I Remittance Rate 4 I-4-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-3-A REMIC I Remittance Rate 5 I-5-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-4-A REMIC I Remittance Rate 6 I-6-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-5-A REMIC I Remittance Rate 7 I-7-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-6-A REMIC I Remittance Rate 8 I-8-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-7-A REMIC I Remittance Rate 9 I-9-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-8-A REMIC I Remittance Rate 10 I-10-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-9-A REMIC I Remittance Rate 11 I-11-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-10-A REMIC I Remittance Rate 12 I-12-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-11-A REMIC I Remittance Rate 13 I-13-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-12-A REMIC I Remittance Rate 14 I-14-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-13-A REMIC I Remittance Rate 15 I-15-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-14-A REMIC I Remittance Rate 16 I-16-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-15-A REMIC I Remittance Rate I-1-A through I-16-A REMIC I Remittance Rate 18 I-18-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-17-A REMIC I Remittance Rate 19 I-19-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-18-A REMIC I Remittance Rate 20 I-20-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-19-A REMIC I Remittance Rate 21 I-21-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-20-A REMIC I Remittance Rate I-1-A through I-21-A REMIC I Remittance Rate 23 I-23-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-22-A REMIC I Remittance Rate 24 I-24-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-23-A REMIC I Remittance Rate 25 I-25-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-24-A REMIC I Remittance Rate 26 I-26-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-25-A REMIC I Remittance Rate 27 I-27-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-26-A REMIC I Remittance Rate 28 I-28-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-27-A REMIC I Remittance Rate 29 I-29-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-28-A REMIC I Remittance Rate 30 I-30-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-29-A REMIC I Remittance Rate I-1-A through I-30-A REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate 33 I-33-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-32-A REMIC I Remittance Rate 34 I-34-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate 35 I-35-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate 36 I-36-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-38-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37-A REMIC I Remittance Rate 39 I-39-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38-A REMIC I Remittance Rate 40 I-40-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39-A REMIC I Remittance Rate 41 I-41-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40-A REMIC I Remittance Rate 42 I-42-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41-A REMIC I Remittance Rate 43 I-43-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-42-A REMIC I Remittance Rate 44 I-44-A through I-53I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43-A REMIC I Remittance RateRate 45 I-45-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-44-A REMIC I Remittance Rate I-1-A through I-45-A REMIC I Remittance Rate 47 I-47-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-46-A REMIC I Remittance Rate 48 I-48-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-47-A REMIC I Remittance Rate 49 I-49-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-48-A REMIC I Remittance Rate 50 I-50-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-49-A REMIC I Remittance Rate 51 I-51-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-50-A REMIC I Remittance Rate 52 I-52-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-51-A REMIC I Remittance Rate 53 I-53-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-52-A REMIC I Remittance Rate 54 I-54-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-53-A REMIC I Remittance Rate 55 I-55-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-52-A REMIC I Remittance Rate 56 I-56-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-55-A REMIC I Remittance Rate 57 I-57-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-56-A REMIC I Remittance Rate 58 I-58-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-57-A REMIC I Remittance Rate 59 I-59-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-58-A REMIC I Remittance Rate 60 I-60-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-59-A REMIC I Remittance Rate 61 I-61-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-60-A REMIC I Remittance Rate 62 I-62-A through I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-61-A REMIC I Remittance Rate 63 I-63-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-62-A REMIC I Remittance Rate thereafter I-1-A through I-63-A REMIC I Remittance Rate With respect to REMIC II Regular Interest IO, and (i) the first Distribution Date through the 63rd Distribution Date, the excess of (x) the weighted average of the REMIC II Remittance Rates for REMIC II Regular Interests including the designation “A”, over (y) 2 multiplied by Swap LIBOR. and (ii) thereafter, 0.00%. With respect to REMIC II Regular Interest P, 0.00%.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Sl1)

Distribution Date REMIC I Regular Interest Rate. 30 I-301 I-1-A through I-53I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-1-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 2 I-2-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-2-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate REMIC I Remittance Rate I-1-A REMIC I Remittance Rate II-1-A REMIC I Remittance Rate 3 I-3-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-3-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A and I-2-A REMIC I Remittance Rate II-1-A and II-2-A REMIC I Remittance Rate 4 I-4-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-4-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-29I-3-A REMIC I Remittance Rate I-1II-1-A through I-30II-3-A REMIC I Remittance Rate I-15 I-5-A through I-31I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1II-5-A through I-32-A REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-38-A through I-53II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-37I-4-A REMIC I Remittance Rate 39 I-39II-1-A through I-53II-4-A REMIC I Remittance Rate 6 I-6-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-6-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-38I-5-A REMIC I Remittance Rate 40 I-40II-1-A through I-53II-5-A REMIC I Remittance Rate 7 I-7-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-7-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-39I-6-A REMIC I Remittance Rate 41 I-41II-1-A through I-53II-6-A REMIC I Remittance Rate 8 I-8-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-8-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-40I-7-A REMIC I Remittance Rate 42 I-42II-1-A through I-53II-7-A REMIC I Remittance Rate 9 I-9-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-9-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-41I-8-A REMIC I Remittance Rate I-1II-1-A through I-42II-8-A REMIC I Remittance Rate 44 I-4410 I-10-A through I-53I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-10-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-43I-9-A REMIC I Remittance Rate II-1-A through II-9-A REMIC I Remittance Rate 11 I-11-A through I-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate II-11-A through II-48-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-1-A through I-10-A REMIC I Remittance Rate II-1-A through II-10-A REMIC I Remittance Rate

Appears in 1 contract

Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-D)

Distribution Date REMIC I Regular Interest Rate. 30 I-301 I-1-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-12 I-2-A through I-29-A REMIC I Remittance Rate I-1-A through I-30-A REMIC I Remittance Rate I-1-A through I-31-A REMIC I Remittance Rate I-1-A through I-32-A REMIC I Remittance Rate I-1-A through I-33-A REMIC I Remittance Rate I-1-A through I-34-A REMIC I Remittance Rate I-1-A through I-35-A REMIC I Remittance Rate I-1-A through I-36-A REMIC I Remittance Rate 38 I-38-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-13 I-3-A through I-37-A REMIC I Remittance Rate 39 I-39-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-14 I-4-A through I-38-A REMIC I Remittance Rate 40 I-40-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-15 I-5-A through I-39-A REMIC I Remittance Rate 41 I-41-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-16 I-6-A through I-40-A REMIC I Remittance Rate 42 I-42-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-17 I-7-A through I-41-A REMIC I Remittance Rate I-1-A through I-42-A REMIC I Remittance Rate 44 I-44-A through I-53I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate I-18 I-8-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 9 I-9-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 10 I-10-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 11 I-11-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 12 I-12-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 13 I-13-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 14 I-14-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 15 I-15-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 16 I-16-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 18 I-18-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate 19 I-19-A through I-43-A 2 multiplied by Swap LIBOR, subject to a maximum rate of REMIC I Remittance Rate

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-Fre1)

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