Class M-5 Margin definition
Class M-5 Margin. With respect to any Distribution Date prior to the second Distribution Date after the first possible Optional Termination Date, 0.600% per annum, and on any Distribution Date on or after the second Distribution Date after the first possible Optional Termination Date, 0.900% per annum.
Class M-5 Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, 0.4500% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.6750% per annum.
Class M-5 Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, 0.460% per annum and, as of any Distribution Date after the Initial Optional Termination Date, 0.690% per annum.
More Definitions of Class M-5 Margin
Class M-5 Margin. As of any Distribution Date up to and including the Auction Termination Date for the Certificates, 0.3900% per annum and, as of any Distribution Date after the Auction Termination Date, 0.5850% per annum.
Class M-5 Margin. As of any Distribution Date up to and including the Initial Optional Termination Date, ____% per annum and, as of any Distribution Date after the Initial Optional Termination Date, ____% per annum.
Class M-5 Margin. For any Distribution Date (i) on or prior to the Optional Termination Date, 3.000% per annum and (ii) thereafter, 4.500% per annum. Class M-5 Pass-Through Rate: For the first Distribution Date, 5.590% per annum, and for any Distribution Date thereafter, the lesser of (i) One-Month LIBOR for the related Accrual Period plus the Class M-5 Margin for such Distribution Date and (ii) the Interest Rate Cap for such Distribution Date.
Class M-5 Margin. As of any Distribution Date, (i) on or before the Initial Optional Termination Date, 1.3000% per annum, and (ii) after the Initial Optional Termination Date, 1.9500% per annum.
Class M-5 Margin. With respect to any Distribution Date prior to the second Distribution Date after the first possible Optional Termination Date, 0.530% per annum, and on any Distribution Date on or after the second Distribution Date after the first possible Optional Termination Date, 0.795% per annum. Class M-5 Principal Distribution Amount: With respect to any Distribution Date (i) prior to the Stepdown Date or on or after the Stepdown Date if a Trigger Event is in effect for that Distribution Date, the remaining Principal Distribution Amount for that Distribution Date after distribution of the Class A Principal Distribution Amount, Class M-1 Principal Distribution Amount, Class M-2 Principal Distribution Amount, Class M-3 Principal Distribution Amount and Class M-4 Principal Distribution Amount or (ii) on or after the Stepdown Date if a Trigger Event is not in effect for that Distribution Date, the lesser of: