Examples of Class A-16 Certificates in a sentence
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class A-16 Certificates, as described in the Agreement.
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class A-16 Certificates, as described in the Agreement.
The pass-through rate on the Class A-16 Certificates applicable to each Distribution Date will be 6.750% per annum.
The pass-through rate on the Class A-16 Certificates applicable to each Distribution Date will be 6.500% per annum.
The pass-through rate on the Class A-16 Certificates applicable to each Distribution Date will be 6.625% per annum.
The pass-through rate on the Class A-16 Certificates applicable to each Distribution Date will be a floating rate of interest determined as provided herein and as specified in the Agreement.
The pass-through rate on the Class A-16 Certificates applicable to each Distribution Date will be 6.000% per annum.
The pass-through rate on the Class A-16 Certificates applicable to each Distribution Date will be 5.500% per annum.
On or prior to the Closing Date, the Trustee shall establish a separate account (each, a "Rounding Account") with respect to each of the Class A-8, Class A-10, Class A-15 and Class A-16 Certificates, and Banc of America Securities LLC shall deposit $999.99 in each such Rounding Account.
On the 15th day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Payment Date") commencing OCTOBER 15, 1998, the Owners of the Class A-16 Certificates as of the close of business on the day preceding the day on which a Payment Date occurs (the "Record Date") will be entitled to receive the Class A-11 Distribution Amount relating to such Certificate on such Payment Date.