Examples of Note Rate in a sentence
Loan Modifications (Pertains only to loans modified for loss mitigation purposes) Numeric – Decimal 12000 9(10).99 Modified Loans Only >= 0 149 Pre-Modification Interest (Note) Rate Scheduled Interest Rate Of The Loan Immediately Preceding The Modification Effective Payment Date.
In no event shall the Note Rate, the amount of the Monthly Payment or the final maturity date be changed.
Interest shall accrue on the Class A Shortfall at the Class A Note Rate.
In the event that the Note Rate on a Mortgage Loan is reduced as a result of a modification of the terms of such Mortgage Loan, such modification shall be disregarded for purposes of calculating the Certificate Rate on any Class of Certificates or Class of REMIC Interest.
The Issuing Entity shall pay interest on overdue installments of interest at the A-1 Note Rate to the extent lawful.