Certificate Margin. As to any Class of LIBOR Certificates, the respective amount set forth below:
Certificate Margin. With respect to each Class of Floating Rate Certificates and for purposes of the Marker Rate and the Maximum Uncertificated Accrued Interest Deferral Amount, the specified REMIC 2 Regular Interest, as follows: (1) (%) (2) (%) __________
Certificate Margin. With respect to the Class I-A Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.20% per annum and (B) after the Optional Termination Date, 0.40% per annum. With respect to the Class II-A1 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.08% per annum and (B) after the Optional Termination Date, 0.16% per annum. With respect to the Class II-A2 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.15% per annum and (B) after the Optional Termination Date, 0.30% per annum. With respect to the Class II-A3 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.20% per annum and (B) after the Optional Termination Date, 0.40% per annum. With respect to the Class II-A4 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.30% per annum and (B) after the Optional Termination Date, 0.60% per annum. With respect to the Class M-1 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.39% per annum and (B) after the Optional Termination Date, 0.585% per annum. With respect to the Class M-2 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.41% per annum and (B) after the Optional Termination Date, 0.615% per annum. With respect to the Class M-3 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.44% per annum and (B) after the Optional Termination Date, 0.66% per annum. With respect to the Class M-4 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.55% per annum and (B) after the Optional Termination Date, 0.825% per annum. With respect to the Class M-5 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.58% per annum and (B) after the Optional Termination Date, 0.87% per annum. With respect to the Class M-6 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.68% per annum and (B) after the Optional Termination Date, 1.02% per annum. With respect to the Class M-7 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 1.25% per annum and (B) after the Optional Termination Date, 1.875% per annum. With respect to the Class M-8 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 1.50%...
Examples of Certificate Margin in a sentence
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (a) One-Month LIBOR plus the Certificate Margin and (b) the Maximum Cap Rate.
For any Distribution Date and this Certificate, the Formula Rate is One-Month LIBOR plus the Certificate Margin.
The Certificate Margin with respect to this Certificate shall be determined in accordance with the terms of the Agreement.
For any Distribution Date and this Certificate, the Formula Rate is the lesser of (i) One-Month LIBOR plus the Certificate Margin and (ii) the Maximum Cap Rate.
The Certificate Margin with respect to this Certificate is [__]% on each Distribution Date through and including the Optional Termination Date and [__]% thereafter.
More Definitions of Certificate Margin
Certificate Margin. With respect to the Class I-A-1 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest I-A-1, 1.250% per annum. With respect to the Class I-A-2 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest I-A-2, 1.600% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 3.200% per annum in the case of each Distribution Date thereafter. With respect to the Class II-A Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest II-A, 1.050% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 2.100% per annum in the case of each Distribution Date thereafter. With respect to the Class M-1 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-1, 1.500% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 2.250% per annum in the case of each Distribution Date thereafter. With respect to the Class M-2 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-2, 1.750% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 2.625% per annum in the case of each Distribution Date thereafter. With respect to the Class M-3 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-3, 2.000% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 3.000% per annum in the case of each Distribution Date thereafter. With respect to the Class M-4 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-4, 2.500% per annum in the case of each Distribution Date through and including the first possible Optional Termination Date and 3.750% per annum in the case of each Distribution Date thereafter. With respect to the Class M-5 Certificates and, for purposes of the definition of “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-5, 2.500% per annum in the case of each Distribution Date through and including the first possible Optional Terminati...
Certificate Margin. With respect to the Adjustable-Rate Certificates and, for purposes of the Marker Rate, the specified REMIC II Regular Interest, as follows:
Certificate Margin. With respect to each Class A Certificate and Mezzanine Certificate and, for purposes of the Marker Rate, the specified REMIC II Regular Interest, as follows: (1) (%) (2) (%) __________
Certificate Margin. With respect to the Class A-1B Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTA1B, 0.30% in the case of each Distribution Date through and including the Optional Termination Date and 0.60% in the case of each Distribution Date thereafter. With respect to the Class A-2A Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTA2A 0.16% in the case of each Distribution Date through and including the Optional Termination Date and 0.32% in the case of each Distribution Date thereafter. With respect to the Class A-2B Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTA2B 0.31% in the case of each Distribution Date through and including the Optional Termination Date and 0.62% in the case of each Distribution Date thereafter. With respect to the Class A-2C Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTA2C 0.48% in the case of each Distribution Date through and including the Optional Termination Date and 0.96% in the case of each Distribution Date thereafter. With respect to the Class M-1 Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTM1, 0.65% in the case of each Distribution Date through and including the Optional Termination Date and 0.975% in the case of each Distribution Date thereafter. With respect to the Class M-2 Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTM2, 1.20% in the case of each Distribution Date through and including the Optional Termination Date and 1.80% in the case of each Distribution Date thereafter. With respect to the Class M-3 Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTM3, 1.35% in the case of each Distribution Date through and including the Optional Termination Date and 2.025% in the case of each Distribution Date thereafter. With respect to the Class M-4 Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTM4, 2.130% in the case of each Distribution Date through and including the Optional Termination Date and 3.195% in the case of each Distribution Date thereafter. With respect to the Class M-5 Certificates and, for purposes of the definition of "Marker Rate", REMIC I Regular Interest I-LTM5, 1.950% in the case of each Distribution Date through and including the Op...
Certificate Margin. With respect to each Class of Adjustable-Rate Certificates and for purposes of the Marker Rate and the Maximum I-LTZZ Uncertificated Interest Deferral Amount, the specified REMIC I Regular Interest, as follows:
Certificate Margin. With respect to the Class A-1 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.38% per annum and (B) after the Optional Termination Date, 0.76% per annum. With respect to the Class A-2 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.40% per annum and (B) after the Optional Termination Date, 0.80% per annum. With respect to the Class M-1 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 0.75% per annum and (B) after the Optional Termination Date, 1.125% per annum. With respect to the Class M-2 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 1.70% per annum and (B) after the Optional Termination Date, 2.55% per annum. With respect to the Class M-3 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 2.35% per annum and (B) after the Optional Termination Date, 3.525% per annum. With respect to the Class M-4 Certificates on each Distribution Date (A) on or prior to the Optional Termination Date, 3.00% per annum and (B) after the Optional Termination Date, 4.50% per annum.
Certificate Margin. As to each Class of LIBOR Certificates, the applicable amount set forth below: CLASS CERTIFICATE MARGIN ----- ------------------ (1) (2) A-1 0.420% 0.840% A-2 0.200% 0.400% A-3 0.550% 1.050% M-1 0.850% 1.275% M-2 1.800% 2.300% B 4.250% 4.750% _________________ (1) On or prior to the Optional Termination Date.