Class A-2 Certificate Margin definition

Class A-2 Certificate Margin. For each Distribution Date (i) on or prior to the Optional Termination Date, 0.140% per annum, and (ii) following the Optional Termination Date, 0.280% per annum.
View Source
Class A-2 Certificate Margin. As to any Distribution Date on or prior to the Auction Distribution Date, 0.15% per annum, and on any Distribution Date after the Auction Distribution Date 0.30% per annum.
View Source

Examples of Class A-2 Certificate Margin in a sentence

  • The Certificate Interest Rate for the Class A-2 Certificates for each Distribution Date will be the least of (i) One-Month LIBOR as of the related LIBOR Determination Date plus the Class A-2 Certificate Margin, (ii) the Group 2 Maximum Rate Cap and (iii) the Group 2 Cap.

  • The Certificate Interest Rate for the Class A-2 Certificates for each Distribution Date will be the least of (i) One-Month LIBOR as of the related LIBOR Determination Date plus the Class A-2 Certificate Margin, (ii) the Maximum Rate Cap and (iii) the Pool Cap.

  • The Class A-2 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the sum of one month LIBOR plus the Class A-2 Certificate Margin.

  • The Class A-2 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the lesser of (i) the sum of one month LIBOR plus the Class A-2 Certificate Margin and (ii) the Rate Cap for such Distribution Date.

  • The Class A-2 Pass-Through Rate will be a per annum rate equal to the lesser of (i) the lesser of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the Class A-2 Certificate Margin and (b) the Maximum Cap Rate, and (ii) the Net WAC Cap.