Class C Pass-Through Rate. For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.
Class C Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate for such Distribution Date.
Class C Pass-Through Rate. As set forth in the Upper-Tier REMIC section of the Introductory Statement of this Agreement.
Examples of Class C Pass-Through Rate in a sentence
Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class C Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
The amount of the aggregate distribution to be made on such Distribution Date which constitutes interest on the Class C Certificates at the Class C Pass-Through Rate (the Class C Monthly Interest) (*), is................................................
More Definitions of Class C Pass-Through Rate
Class C Pass-Through Rate. The per annum rate set forth in the Introductory Statement hereto with respect to the Class C Certificates.
Class C Pass-Through Rate. A per annum rate equal to the Weighted Average Net Mortgage Pass-Through Rate.
Class C Pass-Through Rate. As set forth in “Description of the Certificates—Distributions—Pass-Through Rates” in the Prospectus Supplement; provided that such Pass-Through Rate for the initial Distribution Date shall be as set forth in the Preliminary Statement hereto.
Class C Pass-Through Rate. For any Distribution Date, a per annum rate equal to the lesser of (i) [___]% and (ii) the [WAC Rate].
Class C Pass-Through Rate. With respect to any Distribution Date, a fixed rate per annum equal to ___%.