Examples of Pool 2 Net Funds Cap in a sentence

The Pool 1 Net Funds Cap, the Pool 2 Net Funds Cap or the Subordinate Net Funds Cap, as the context requires.
The Pool 1 Net Funds Cap, the Pool 2 Net Funds Cap, the Pool 3 Net Funds Cap or the Subordinate Net Funds Cap, as the context requires.
The leather industry is one of the largest manufacturing industries in Ethiopia.
The Pool 1 Net Funds Cap, the Pool 2 Net Funds Cap, or the Subordinate Net Funds Cap, as the context requires.
The Pool 1 Net Funds Cap, the Pool 2 Net Funds Cap, the Pool 3 Net Funds Cap, or the Subordinate Net Funds Cap, as the context requires.

More Definitions of Pool 2 Net Funds Cap

Pool 2 Net Funds Cap. With respect to any Distribution Date and the Class IIA Certificates, a per annum rate equal to (i) (a) a fraction, expressed as a percentage, the numerator of which is the product of (1) (i) the Pool 2 Optimal Interest Remittance Amount for such Distribution Date minus (ii) the lesser of (x) the product of (A) any Net Swap Payment or Swap Termination Payment (to the extent not due to a Swap Counterparty Trigger Event) owed to the Swap Counterparty for such Distribution Date and (B) the Pool Percentage for Pool 2 for such Distribution Date and (y) the Pool 2 Optimal Interest Remittance Amount and (2) 12, and the denominator of which is the Pool Balance for Pool 2 as of the first day of the related Collection Period multiplied by (b) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Accrual Period related to such Distribution Date.

Pool 2 Net Funds Cap. With respect to any Distribution Date, an annual rate equal to (a) a fraction, expressed as a percentage, the numerator of which is the product of (i) the Optimal Interest Remittance Amount for Pool 2 for such Distribution Date and (ii) 12, and the denominator of which is the Pool Balance for Pool 2 as of the first day of the related Collection Period (not including for this purpose Mortgage Loans for which prepayments in full have been received and distributed in the month prior to that Distribution Date), multiplied by (b) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Accrual Period related to such Distribution Date.

Pool 2 Net Funds Cap. For each Distribution Date and the Group 2 Certificates, an annual rate equal to (a) a fraction, expressed as a percentage, the numerator of which is the product of (1) the Pool 2 Optimal Interest Remittance Amount for such Distribution Date and (2) 12, and the denominator of which is the Pool Balance of Pool 2 as of the first day of the related Collection Period (not including for this purpose Mortgage Loans for which prepayments in full have been received and distributed in the month prior to that Distribution Date), except in the case of the Class 2-A1 Certificates, multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Accrual Period related to such Distribution Date.

Pool 2 Net Funds Cap. With respect to any Distribution Date and the Class 2-A Certificates, a per annum rate equal to (a) a fraction, expressed as a percentage, the numerator of which is the product of (i) the Pool 2 Optimal Interest Remittance Amount for such date and (ii) 12, and the denominator of which is the Pool Balance for Pool 2 for the immediately preceding Distribution Date multiplied by (b) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Accrual Period related to such Distribution Date; provided, however, until the Distribution Date in September 2005, and with respect to the Class 2-A Certificates, clause (b) shall equal one.

Pool 2 Net Funds Cap. With respect to any Distribution Date and the Group 2 Senior Certificates, an annual rate equal to the weighted average of the Net Mortgage Rates of the Pool 2 Mortgage Loans as of the first day of the related Collection Period (not including any Pool 2 Mortgage Loans for which Prepayments in full have been received and distributed in the month period to such Distribution Date).

Pool 2 Net Funds Cap. With respect to any Distribution Date and the Group 2 Senior Certificates, a per annum rate equal to (a) a fraction, expressed as a percentage, the numerator of which is the product of (1) the excess, if any, of (i) the Pool 2 Optimal Interest Remittance Amount for such date over (ii) the sum of (x) any Net Swap Payment or Swap Termination Payment owed to the Swap Counterparty on the related Swap Payment Date allocable to Pool 2 (based on the applicable Pool Percentage) and (y) any Final Maturity Reserve Amount for Pool 2 for such Distribution Date and (2) 12, and the denominator of which is the Pool Balance for Pool 2 as of the first day of the related Collection Period (excluding for this purpose any Mortgage Loans in Pool 2 for which any Principal Prepayments in full have been deposited into the Collection Account and distributed therefrom in accordance with Section 5.02 during the month prior to such Distribution Date), multiplied by (b) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Accrual Period related to such Distribution Date.

Pool 2 Net Funds Cap. With respect to any Distribution Date and the Class 2-A1 and Class 2-A2 Certificates, a per annum rate equal to (a) a fraction, expressed as a percentage, the numerator of which is the product of (i) the Pool 2 Optimal Interest Remittance Amount for such date and (ii) 12, and the denominator of which is the Pool Balance for Pool 2 for the immediately preceding Distribution Date multiplied by (b) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Accrual Period related to such Distribution Date; provided, however, until the Distribution Date in June 2005, and with respect to the Class 2-A2 Certificates, clause (b) will equal 1.