Investor Certificate Rate definition

Investor Certificate Rate. With respect to each Interest Period, a per annum rate equal to the lesser of (i) the sum of (a) LIBOR as of the second LIBOR Business Day prior to the first day of such Interest Period plus (b) 0.26% per annum and (ii) the Net Funds Cap Rate for such Interest Period.
Sample 1
Investor Certificate Rate. The sum of [(a) LIBOR as of the second LIBOR Business Day prior to the immediately preceding Distribution Date (or as of two LIBOR Business Days prior to the Closing Date, in the case of the first Distribution Date) and (b) _____% per annum]; provided, however, that in no event shall the Investor Certificate Rate with respect to any Interest Period exceed the Maximum Rate for such Interest Period.
Sample 1Sample 2Sample 3
Investor Certificate Rate. The Class A-1 Investor Certificate Rate or ------------------------- Class A-2 Investor Certificate Rate, as applicable. Investor Certificateholder: The Holder of an Investor Certificate. --------------------------
Sample 1Sample 2

Examples of Investor Certificate Rate in a sentence

  • The amount of Investor Certificate Interest included in such distribution, the related Investor Certificate Rate and the portion thereof attributable to collections in respect of the Mortgage Loans.....................

  • The amount of Investor Certificate Interest included in such distribution, the related Investor Certificate Rate and the portion thereof attributable to collections in respect of the Mortgage Loans..................

  • On each Determination Date, the Trustee shall determine the applicable Investor Certificate Rate for the related Distribution Date.

  • On each Determination Date, the Trustee shall determine the applicable Investor Certificate Rate for each Class of Investor Certificates on the related Distribution Date.

  • The amount of Investor Certificate Interest included in such distribution, the related Investor Certificate Rate and the portion thereof attributable to collections in respect of the Mortgage Loans......

  • The amount of Investor Certificate Interest included in such distribution, the related Investor Certificate Rate and the portion thereof attributable to collections in respect of the Mortgage Loans....

  • YR = 360, or, if the Collateral Investor Certificate Rate in effect on the day immediately preceding such Distribution Date is based on the Alternate Base Rate, 365.

  • The Investor Certificate Rate for each Interest Period shall equal one-month LIBOR for such Interest Period (determined in accordance with the Pooling and Servicing Agreement) plus 0.25%.

  • YR = 360, or, if the Subordinated Transferor Certificate Rate in effect on the day immediately preceding such Distribution Date is based on a Collateral Investor Certificate Rate which is in turn based on the Alternate Base Rate, 365.

  • The amount of Investor Certificate Interest included in such distribution, the related Investor Certificate Rate and the portion thereof attributable to collections in respect of the Mortgage Loans............................


More Definitions of Investor Certificate Rate

Investor Certificate Rate. With respect to the first Accrual Period, ------------------------- ____%, and for any subsequent Accrual Period, the sum of (a) LIBOR and (b) ____%; provided, however, that in no event shall the Investor Certificate Rate -------- ------- with respect to any Accrual Period exceed the Maximum Rate. Investor Certificateholder: The Holder of an Investor Certificate. -------------------------- Investor Certificateholders' Floating Allocation Percentage: With respect ----------------------------------------------------------- to any day, the percentage equivalent of a fraction, the numerator of which is the Invested Amount on the end of the preceding day and the denominator of which is the Pool Balance on the end of the preceding day (but not more than 100%).
Sample 1
Investor Certificate Rate. With respect to the first Accrual Period __%, and for any subsequent Accrual Period, the sum of (a) LIBOR and (b) __%; provided, however, that in no event shall the Investor Certificate Rate with respect to any Accrual Period exceed the maximum Rate. Investor Certificateholder: The Holder of an Investor Certificate.
Sample 1
Investor Certificate Rate for the most recently ended Due Period and the Collateral Invested Amount as of the last day of such Due Period, and the denominator of which is the Series Invested Amount as of such last day and (iii) a fraction, the numerator of which is the product of the Subordinated Transferor Certificate Rate for the most recently ended Due Period and the Subordinated Transferor Invested Amount as of the last day of such Due Period, and the denominator of which is the Series Invested Amount as of such last day and (b) the Series Servicing Fee Percentage per annum in effect on such date. PY = The Portfolio Yield for such Series for the most recently ended Due Period. TR = The annualized average (expressed as a percentage) of, for each of the three Due Periods most recently ended on or before such date, a fraction the numerator of which is the aggregate principal amount (measured for each Receivable at the time of acquisition) of all Receivables that were acquired by the Trust during each such Due Period and the denominator of which is the aggregate outstanding principal balance of all Receivables as of the last day of each such Due Period. FAP = The Floating Allocation Percentage for such Series for the most recently ended Due Period.
Sample 1
Investor Certificate Rate. The Class [___] Investor Certificate Rate or Class [___] Investor Certificate Rate, as applicable.
Sample 1

Related to Investor Certificate Rate

  • Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.

  • Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

  • Certificate Rate means 0.00% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Investor Certificate means any one of the certificates (including, without limitation, the Bearer Certificates, the Registered Certificates or the Global Certificates) executed by the Transferor and authenticated by the Trustee substantially in the form (or forms in the case of a Series with multiple classes) of the investor certificate attached to the related Supplement.

  • Investor Certificates means the Class A Certificates, the Class B Certificates and the Collateral Interest.

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Initial Certificate Balance means $[ ].

  • Original Certificate Principal Balance With respect to any Class of Certificates, the amount specified for such Class in Section 4.01(d).

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Class A Certificate Group The Group I Class A Certificates or the Group II Class A Certificates, as applicable.

  • Class A Certificateholder means the Person in whose name a Class A Certificate is registered in the Certificate Register.

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Class A-R Certificateholder The registered holder of the Class A-R Certificate.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Class A-R Certificate The Certificate executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Class C Certificateholder means the person in whose name a Class C Certificate is registered on the Certificate Register.

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Subordinate Certificate Writedown Amount As to any Distribution Date, the amount by which (i) the sum of the Class Principal Amounts of all the Certificates (after giving effect to the distribution of principal and the application of Realized Losses in reduction of the Certificate Principal Amounts of the Certificates on such Distribution Date) exceeds (ii) the aggregate Scheduled Principal Balance of the Mortgage Loans for such Distribution Date.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.