Examples of Group I Net WAC Cap in a sentence
Any of the Group I Net WAC Cap, the Group II Net WAC Cap or the Subordinated Net WAC Cap, as the context requires.
The Offered Certificates may be subject to the Group I Net WAC Cap Rate, the Class A-I-1 Net WAC Cap Rate or the Group II Net WAC Cap Rate, as applicable.
Notwithstanding the foregoing, no distribution of the proceeds of any Termination Price shall be made to the Owners of the Class X-IO and Class R Certificates until all such amounts have been applied in reduction of any outstanding Group I Net WAC Cap Carryover and Group II Net WAC Cap Carryover.
The pass-through rate in the Class A-I-1 Certificates will be equal to the lesser of (i) one-month LIBOR plus the related margin and (ii) the Group I Net WAC Cap Rate.
Distribution of Group I Net WAC Cap Shortfall Carry-Forward Amounts, -------------------------------------------------------------------- Group II-A Basis Risk Shortfall Carry-Forward Amounts, Group II-B Basis ----------------------------------------------------------------------- Risk Shortfall Carry-Forward Amounts and Class M-II Basis Risk Shortfall ------------------------------------------------------------------------ Carry-Forward Amounts; Reserve Fund..................................