Class A-2 Interest. RATE: 5.60% per annum.
Class A-2 Interest has the meaning specified in the Recitals.
Class A-2 Interest. Rate Cap The Class A-2 Interest Rate Cap Payment Payment Allocation: shall be available to pay any Basis Risk Carry Forward Amount due to the Class A-2 Certificates.
More Definitions of Class A-2 Interest
Class A-2 Interest means, with respect to each Distribution Date, the interest distributable in respect of the Class A-2 Certificates as calculated in accordance with subsection 4.6(b) of the Agreement.
Class A-2 Interest means an interest which is held by a Class A-2 Member, identified as such in Exhibit 1. Subject to the maximum limitation on all Class A Interests, there shall be up to 4,000 Class A-2 Interests, each representing a capital contribution of One Thousand Dollars ($1,000), unless increased at the discretion of Manager. A Member will be assigned Class A-2 Interests if the Member’s total Capital Contribution is $50,000 or greater, but less than $100,000.
Class A-2 Interest. Rate: 5.54% per annum.
Class A-2 Interest. Rate The Class A-2 Interest Rate Cap Payment shall be Cap Payment Allocation: available to pay any Basis Risk Carry Forward Amount due to the Class A-2 Certificates. Class M Interest Rate Beginning on the first Distribution Date, and for a Cap: period of 43 months thereafter, an Interest Rate Cap will be pledged to the Trust for the benefit of the Class M Certificates. For its duration, the Class M Interest Rate Cap pays the Trust the product of (i) the difference between the then current 1-month LIBOR rate (not to exceed the cap ceiling) and the cap strike (on an Actual/360 day count basis) and (ii) the Class M Interest Rate Cap Notional Balance ("the Class M Interest Rate Cap Payment") as described on the schedule herein.
Class A-2 Interest shall have the meaning specified in subsection 4(a) of this Issuance Supplement.
Class A-2 Interest means, with respect to any Distribution Date, the sum of (i) interest on the Class A-2 VFC Principal Balance for the immediately preceding Interest Accrual Period computed pursuant to subsection (b) and, if applicable, subsection (c), below, plus or minus (as the case may be) (ii) any Estimated Interest Adjustment with respect to the previous Distribution Date.