Certificate Interest Rate definition

Certificate Interest Rate. With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.
Certificate Interest Rate. For each Class of Certificates and REMIC I Regular Interests, the per annum rate set forth as the Certificate Interest Rate for such Class in the Preliminary Statement hereto.
Certificate Interest Rate. For each Class of REMIC I, REMIC II and REMIC III Regular Interests and the Class R-1 Residual Interest, the per annum rate set forth as the Certificate Interest Rate for such Class in the Preliminary Statement hereto.

Examples of Certificate Interest Rate in a sentence

  • Interest will accrue on the Class M-2 Certificates during each Interest Accrual Period at the Certificate Interest Rate.

  • During each Interest Accrual Period, the Certificate Interest Rate for the COFI Certificates for the current and immediately preceding Interest Accrual Period shall be made available by the Trustee to Certificate Owners and Certificateholders at the following telephone number: (000) 000-0000.

  • Interest will accrue on the Class M-1 Certificates during each Interest Accrual Period at the Certificate Interest Rate.

  • Interest will accrue on the Class M-3 Certificates during each Interest Accrual Period at the Certificate Interest Rate.

  • Interest will accrue on the Class M-4 Certificates during each Interest Accrual Period at the Certificate Interest Rate.


More Definitions of Certificate Interest Rate

Certificate Interest Rate. With respect to each Class of Certificates (other than the Class P Certificates and any Principal-Only Certificates) and any Class I Components, the applicable per annum rate formula specified or determined as provided in the Class Table.
Certificate Interest Rate. With respect to each Distribution Date and Class of Certificates, the per annum rate described in the table in the Preliminary Statement during the related Interest Accrual Period on the Certificate Principal Balance.
Certificate Interest Rate. With respect to any Class of Certificates other than the Principal Only Certificates and the R Class and RL Class Certificates, the annual rate at which interest accrues on the Certificates of such Class, as described in Section 3.01 hereof.
Certificate Interest Rate. For each Class and Distribution Date, a variable rate per annum equal to the weighted average (by Scheduled Principal Balance) carried to three decimal places, rounded down, of the Net Mortgage Rates of the Qualified Loans in the Qualified Loan Pool bearing the same alpha-numerical designation as such Class.
Certificate Interest Rate of: Class S Certificate: __________%
Certificate Interest Rate. With respect to each Class of LIBOR Certificates and Fixed Rate Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.
Certificate Interest Rate. With respect to any Class of Certificates, other than the Class S Certificates, any COFI Certificates or any LIBOR Certificates, and as of any Distribution Date, the per annum rate specified or described in Section 5.01(b). With respect to any Class of LIBOR Certificates, the per annum variable rate at any time at which interest accrues on the Certificates of such Class, as determined pursuant to Section 5.01(f). With respect to any Class of COFI Certificates, the per annum variable rate at any time at which interest accrues on the Certificates of such Class, as determined pursuant to Section 5.01(e). With respect to the Class S Certificates and any Distribution Date, the Strip Rate for such Distribution Date.