Examples of MTA Certificates in a sentence
When the Trustee selects a new index for the MTA Certificates, the Pass-Through Margin for each Class of MTA Certificates will increase or decrease by the difference between the average MTA for the final three years it was in effect and the average of the most recent three years for the replacement index.
The Pass-Through Margin for each Class of MTA Certificates will be increased by that difference if the average MTA is greater than the average replacement index, and the Pass-Through Margin for each Class of MTA Certificates will be decreased by that difference if the replacement index is greater than the average MTA.
The MTA figure used to determine the Pass-Through Rates on the MTA Certificates will be based on the MTA as of fifteen days before the beginning of the related Accrual Period.
The determination of MTA and the Pass-Through Rates for the MTA Certificates by the Trustee shall (in the absence of manifest error) be final, conclusive and binding upon each Holder of a MTA Certificate and the Trustee.
As to any Distribution Date, other than the first Distribution Date, and any Class of MTA Certificates, the fifteenth calendar day prior to the beginning of the applicable Accrual Period for such Class and such Distribution Date.
To explore the taste-based discrimination mechanism, I use a state-level measure of racial animus constructed by Stephens-Davidowitz (2014) based on intensity of Google searches including racial slurs in each state.
If on any MTA Determination Date for a Class of MTA Certificates, the Trust Administrator is unable to determine MTA on the basis of the method set forth in the preceding paragraph, MTA for the applicable Distribution Date will be whichever is higher of (x) MTA as determined on the previous MTA Determination Date for such Class of MTA Certificates or (y) the Reserve Interest Rate.
The establishment of MTA by the Trust Administrator and the Trust Administrator’s subsequent calculation of the rates of interest applicable to each of the MTA Certificates will, in the absence of manifest error, be final and binding.
As to any Distribution Date, other than the first Distribution Date, and any Class of Group I MTA Certificates, the fifteenth calendar day prior to the beginning of the applicable Accrual Period for such Class and such Distribution Date.
On each MTA Determination Date for a Class of MTA Certificates, the Trust Administrator shall determine MTA for the applicable Distribution Date on the basis of the twelve-month average yields on United States Treasury securities adjusted to a constant maturity of one year, as published by the Federal Reserve Board in Statistical Release H.15(519).