Constant Prepayment Rate definition

Constant Prepayment Rate means a model of measuring prepayments on the Reference Obligations that assumes that the outstanding principal balance of the Reference Pool prepays at a specified constant annual rate.
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Constant Prepayment Rate. As defined in Section 1.01 under "Prepayment Assumption."
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Examples of Constant Prepayment Rate in a sentence

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 1.76495% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate applicable to the first Accrual Period.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 0.43500% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 0.64889% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 1.04467% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 2.27669% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate applicable to the first Accrual Period.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 0.97722% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 0.49265% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 1.58750% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate applicable to the first Accrual Period.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 1.23278% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

  • In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 0.99411% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.