Class A-2 Formula Rate. With respect to the Class [A-2] Notes and any Accrual Period, a per annum rate equal to LIBOR plus ___%.
Class A-2 Formula Rate. For each Distribution Date, a rate per annum equal to One-Month LIBOR applicable to the related Interest Accrual Period, plus the Class A-2 Certificate Margin.
Class A-2 Formula Rate. A per annum rate equal to the lesser of (i) LIBOR plus [ ]% per annum; provided, that, on any Payment Date after the Clean-up Call Date, such rate will be equal to LIBOR plus [ ]% per annum and (ii) [ ]%.
Examples of Class A-2 Formula Rate in a sentence
The Pass-Through Rate for the Class A-2 Certificates for each Distribution Date will be the lesser of (i) the Class A-2 Formula Rate and (ii) the Pool Cap.
A-1 Formula Rate, the Class A-2 Formula Rate, the Class M-1 Formula Rate and the Class M-2 Formula Rate.
More Definitions of Class A-2 Formula Rate
Class A-2 Formula Rate. With respect to the First Distribution Date, ---------------------- 6.620% per annum. With respect to all subsequent Distribution Dates, the Auction Rate established for the Class A-2 Certificates for such Distribution Date as determined pursuant to the Auction Procedures.
Class A-2 Formula Rate. For each Distribution Date, a rate per annum equal to the lesser of (a) One-Month LIBOR applicable to the related Interest Accrual Period, plus the Class A-2 Certificate Margin and (b) the Pool Maximum Rate Cap.
Class A-2 Formula 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-2 Certificate Margin and (b) the Group 2 Maximum Rate Cap.
Class A-2 Formula Rate means with respect to any Secondary Payment Date, the Auction Rate established for the Class A-2 Notes for such Secondary Payment Date as determined pursuant to the Auction Procedures.
Class A-2 Formula Rate. As to any Distribution Date, the sum of the ---------------------- Certificate Index for such Distribution Date plus ____% (or ____0 for each Distribution Date occurring after the date on which the Seller has the right to terminate the Trust).
Class A-2 Formula Rate. For any Distribution Date, the sum of (A) LIBOR and (B) in any month up to and including the month in which the Clean-Up Call Date occurs, 0.40% per annum (or for any month following the month in which the Clean-Up Call Date occurs, 0.80% per annum).
Class A-2 Formula Rate. For any Payment Date, the lesser of (A) the sum of (1) LIBOR and (2) in any month up to and including the month in which the Clean-Up Call Date occurs, 0.55% per annum (or for any month following the month in which the Clean-Up Call Date occurs, 1.10% per annum) and (B) 14.50% per annum.