Class A-1 Pass-Through Rate definition

Class A-1 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 2.222%.

Class A-1 Pass-Through Rate. For the first Distribution Date, 5.4600% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-1 Margin, (2) the Class A-1 Available Funds Cap for such Distribution Date and (3) the Class A-1 Maximum Rate Cap for such Distribution Date.

Class A-1 Pass-Through Rate. A per annum fixed rate equal to 1.7167%.

Examples of Class A-1 Pass-Through Rate in a sentence

• Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class A-1 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.

• On and after the Distribution Date in July 2013, the Class A-1 Pass-Through Rate with respect to each Distribution Date will be a per annum rate equal to the Net WAC.

• The Certificate Interest Rate for the Class A-1 Certificates for each Distribution Date will be the lesser of (i) the Class A-1 Pass-Through Rate and (ii) the Pool Cap.

• The Class A-1 Pass-Through Rate with respect to each Distribution Date prior to the Distribution Date in July 2013 will be the lesser of (i) the per annum rate of 5.500% and (ii) a per annum rate equal to the Net WAC minus 0.500%.

• Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class [A-1] Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.

More Definitions of Class A-1 Pass-Through Rate

Class A-1 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to a fixed rate of 1.3029%.

Class A-1 Pass-Through Rate. For each Distribution Date, a rate per annum equal to the lesser of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the Class A-1 Certificate Margin and (b) the Group 1 Maximum Rate Cap.

Class A-1 Pass-Through Rate. For any Distribution Date, a per annum fixed rate equal to [___]%.

Class A-1 Pass-Through Rate means 5.5269% per annum.

Class A-1 Pass-Through Rate. With respect to any Interest Accrual Period, will be a per annum rate equal to the lesser of (i) the sum of LIBOR plus the related Certificate Margin and (ii) the Net Funds Cap.

Class A-1 Pass-Through Rate. As set forth in “Description of the Certificates—Distributions—Pass-Through Rates” in the Prospectus Supplement; provided that such Pass-Through Rate for the initial Distribution Date shall be as set forth in the Preliminary Statement hereto.

Class A-1 Pass-Through Rate. With respect to any Distribution Date, One-Month LIBOR plus 0.20% per annum, subject to a cap equal to the Net WAC Rate Cap for such Distribution Date.