Group II Available Funds Cap. As of any Distribution Date with respect to the Group II Certificates, a per annum rate equal to 12 times the quotient of (i) the total scheduled interest on the Mortgage Loans in Loan Group II based on the Net Mortgage Rates on the related Due Date divided by (ii) the aggregate principal balance of the Group II Certificates (other than the Class IIL Certificates and the Class IIP Certificates) as of the first day of the applicable Accrual Period.
Group II Available Funds Cap. With respect to the Group II Mortgage Loans as of any Distribution Date, the per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to (x) the weighted average of the Expense Adjusted Mortgage Rate for each Group II Mortgage Loan then in effect at the beginning of the related Due Period (not including for this purpose any Group II Mortgage Loans for which Principal Prepayments in Full have been received and distributed in the month prior to that Distribution Date) minus (y) a percentage equal to the product of (i) a fraction, the numerator of which is equal to the portion of the Net Derivative Payment or Swap Termination Payment (other than a Swap Termination Payment resulting from a Derivative Counterparty Trigger Event) made to the Swap Counterparty with respect to such Due Period allocated to the Group II Mortgage Loans based on the applicable Group Percentage, and the denominator of which is equal to the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the beginning of the related Due Period and (ii) 12.
Group II Available Funds Cap. As of any Payment Date, the weighted average of the Coupon Rates on the Mortgage Loans in Group II less the sum of (a) the rates of which (i) the Group II Servicing Fee, (ii) the Group II Trustee Fee, (iii) beginning on the third Payment Date, the Group II Premium Amount are determined and (b) beginning on the seventh Payment Date, 0.50% per annum expressed as a percentage of the Mortgage Loans in Group II.
Examples of Group II Available Funds Cap in a sentence
Also on special days, they visit special places such as children’s homes/Centre’s where they are helped to accessmedical services for example, Voluntary Testing and Counseling (VCT), human rights and child protection talks, food, inquiring opportunities in rehabilitation centre’s and homes, enrolled in rehabilitation programmes and create networks of relationships with new children.
Mr. Atul Kumar Labh, Practising Company Secretary (FCS-4848/CP-3238), the Scrutinizer conducted the postal ballot voting/e-voting process in accordance with the law and in a fair and transparent manner.
The Group II Available Funds Cap Trust shall include the Group II Available Funds Cap Carry-Forward Amount Account which is held by the Trustee in the name of the Group II Available Funds Cap Trust for the benefit of the Owners of the Class A-3 Certificates.
The Pass-Through Rate for the Class A-8 Certificates will equal (i) for any Payment Date prior to the Clean-Up Call Date 1 Mo. LIBOR plus [ ]% per annum, and (ii) for any Payment Date thereafter, 1 Mo. LIBOR plus 2X [ ]% per annum, subject to the Group II Available Funds Cap.
At all relevant times in this case, the claimant has been engaged by the respondent as a worker in accordance with section 230(3) of the Employment Rights Act 1996.
More Definitions of Group II Available Funds Cap
Group II Available Funds Cap. For each Distribution Date, the percentage equivalent of a fraction equal to (a) an amount equal to (i) the aggregate Interest Remittance Formula Amount for the Group II Mortgage Loans, less (ii) the Administrative Fees allocable to the Group II Mortgage Loans, and less (iii) the Group II Class I Monthly Interest Distributable Amount, divided by (b) the product of (i) the actual number of days in the related Accrual Period divided by 360 and (ii) the aggregate principal balance of the Group II Mortgage Loans plus any related amounts on deposit in the Pre-Funding Account.
Group II Available Funds Cap. With respect to any Payment Date, the weighted average Coupon Rate of the Home Equity Loans in Loan Group II as of the opening of business on the first day of the related Remittance Period, less the sum of (i) the annualized percentage equivalent of a fraction equal to (a) the sum of the related Premium Amount plus the sum of the related Trustee Fee, the related Servicing Fee and the related Master Servicing Fee (so long as the Master Servicer is engaged under this Agreement), divided by (b) the aggregate Loan Balance of the Home Equity Loans in Loan Group II as of the opening of business on the first day of the related Remittance Period, and (ii) after the 6th Payment Date, 0.50% per annum.
Group II Available Funds Cap. As of any Distribution Date, a per annum rate equal to (w)(i) the total scheduled interest on the Mortgage Loans in Group II for the related Due Period less (ii) the Group II Servicing Fees and Group II Master Servicing Fee for such Due Period divided by (x) the Group II Certificate Principal Balance divided by (y) the actual number of days in the related Accrual Period and multiplied by (z) 360.
Group II Available Funds Cap. As of any Distribution Date with respect to the Group II Certificates, a per annum rate equal to 12 times the quotient of (i) the sum of (A) the total scheduled interest on the Mortgage Loans in Loan Group II based on the Net Mortgage Rates on the related Due Date and (B)(I) 100% of the amount of funds then on deposit in the Capitalized Interest Account allocable to Loan Group II immediately prior to such Distribution Date and (II) with respect to the Distribution Date in [Date] and thereafter, ___% of the amount in the Capitalized Interest Account allocable to Loan Group II immediately prior to such Distribution Date divided by (ii) the aggregate principal balance of the Group II Certificates as of the first day of the applicable Accrual Period.
Group II Available Funds Cap. With respect to any Payment Date, the weighted average Coupon Rate of the Home Equity Loans in Loan Group II as of the opening of business on the first day of the related Remittance Period, less the sum of (i) the annualized percentage equivalent of a fraction equal to (a) the sum of the related Premium Amount plus the sum of the related Trustee Fee, the related Servicing Fee and the related Back-Up Servicer Fee divided by (b) the aggregate Loan Balance of the Home Equity Loans in Loan Group II as of the opening of business on the first day of the related Remittance Period, and (ii) after the 6th Payment Date, 0.50% per annum.
Group II Available Funds Cap. As of any Distribution Date, the weighted average of the Net Rates Distribution Date, the weighted average of the Net Rates on the Mortgage Loans in Group I (weighted on the basis on the Mortgage Loans in Group II (weighted on the basis of the principal balances thereof as of the first day of of the principal balances thereof as of the first day of the month preceding the month of such Distribution Date). the month preceding the month of such Distribution Date).