CLASS A-7 FORMULA RATE definition
CLASS A-7 FORMULA RATE. For any Distribution Date is the sum of (1) One-Month LIBOR and (2) 0.24% per annum (or 0.48% per annum for each Interest Period occurring after the Clean-Up Call Date).
CLASS A-7 FORMULA RATE. As to any Distribution Date, the sum of the Certificate Index plus 0.21% (or 0.42% for each Distribution Date occurring after the Optional Termination Date).
CLASS A-7 FORMULA RATE. For any Distribution 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, 0.32% per annum (or for any month following the month in which the Clean-Up Call Date occurs, 0.64% per annum) and (B) 14.5% per annum.
More Definitions of CLASS A-7 FORMULA RATE
CLASS A-7 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, 0.25% per annum (or for any month following the month in which the Clean-Up Call Date occurs, 0.50% per annum).