Examples of Yield Maintenance Agreement Termination Date in a sentence
For the Class 5-A-1 Certificates and any Distribution Date on or prior to the Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of one-month LIBOR, as determined in the Yield Maintenance Agreement, and the Maximum Cap Rate over (ii) the related Cap Strike Rate, (b) the Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule IV, and (c) one-twelfth.
For the Class 1-A-1 and Class 3-A-1 Certificates and any Distribution Date on or prior to the Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of one-month LIBOR, as determined in the Yield Maintenance Agreement, and the related Maximum Cap Rate over (ii) the related Cap Strike Rate, (b) the related Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule IV or Schedule V, and (c) one-twelfth.
On the Distribution Date immediately following the earlier of (i) the latest Yield Maintenance Agreement Termination Date and (ii) the date on which the aggregate Class Certificate Balance of the Class 1-A-2, Class 1-A-7 and Class 2-A-7 Certificates has been reduced to zero, all amounts remaining in the Supplemental Interest Reserve Fund will be distributed to HSBC Securities (USA) Inc.
For the Class 1-A-8 Certificates and any Distribution Date on or prior to the related Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of one-month LIBOR, as determined in the related Yield Maintenance Agreement, over the related Cap Strike Rate, (b) the related Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule V and (c) one-twelfth.
For the Class IX-A-9 Certificates and any Distribution Date on or prior to the Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of Certificate Index and the Maximum Cap Rate over (ii) the Cap Strike Rate, (b) the Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule XI and (c) one-twelfth.
For the Class V-A-1 Certificates and any Distribution Date on or prior to the Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of one-month LIBOR as determined in the Yield Maintenance Agreement and the Maximum Cap Rate over (ii) the Cap Strike Rate, (b) the Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule VII and (c) one-twelfth.
The Class A-6 Yield Maintenance Agreement Termination Date, the Class A-8 Yield Maintenance Agreement Termination Date or the Class A-10 Yield Maintenance Agreement Termination Date, as applicable.
For the Class 3-A-1 Certificates and any Distribution Date on or prior to the Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of one-month LIBOR, as determined in the Yield Maintenance Agreement, and the Maximum Cap Rate over (ii) the Cap Strike Rate, (b) the Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule VI and (c) one-twelfth.
For the Class V-A-1 Certificates and any Distribution Date on or prior to the Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of one-month LIBOR, as determined in the Yield Maintenance Agreement, and the Maximum Cap Rate over (ii) the Cap Strike Rate, (b) the Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule XI and (c) one-twelfth.
For the Class II-A-1, Class II-A-5 and Class II-A-7 Certificates and any Distribution Date on or prior to the related Yield Maintenance Agreement Termination Date, an amount equal to the product of (a) the excess, if any, of (i) the lesser of Certificate Index and the related Maximum Cap Rate over (ii) the related Cap Strike Rate, (b) the related Yield Maintenance Notional Amount set forth for such Distribution Date in the table in Schedule IX, Schedule X or Schedule XI, as applicable, and (c) one-twelfth.