Uncertificated REMIC I Pass-Through Rate Sample Clauses
Uncertificated REMIC I Pass-Through Rate. For any REMIC I Regular Interest, the per annum rate set forth or calculated in the manner described in the Preliminary Statement under “REMIC I”.
Uncertificated REMIC I Pass-Through Rate. With respect to any Distribution Date and (i) REMIC I Regular Interests LT1 and LT2, the weighted average of the Net Mortgage Rates of the Mortgage Loans, (ii) REMIC I Regular Interest LT3, zero (0.00%), and (iii) REMIC I Regular Interest LT4, twice the weighted average of the Net Mortgage Rates of the Mortgage Loans.