Class A-2 Pass-Through Rate definition

Class A-2 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to 3.278%.

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Class A-2 Pass-Through Rate. For the first Distribution Date, 5.800% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class A-2 Margin, (2) the Available Funds Cap for such Distribution Date and (3) the Maximum Rate Cap for such Distribution Date.

Class A-2 Pass-Through Rate. A per annum rate equal to 6.620%.

Examples of Class A-2 Pass-Through Rate in a sentence

Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class A-2 Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1997-XL1, CLASS A-2 Pass-Through Rate: 6.880%; provided, however, that in no event shall the Class A-2 Pass-Through Rate exceed the WAC Rate on any Distribution Date.
The Class A-2 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the lesser of (i) the sum of one month LIBOR plus the Class A-2 Certificate Margin and (ii) the Rate Cap for such Distribution Date.
Interest will accrue on the Class A-2 Certificates during each Interest Accrual Period at a rate equal to the lesser of (i) the Class A-2 Pass-Through Rate and (ii) the Net WAC Cap for such Distribution Date.
The Class A-2 Certificates shall bear interest at the Class A-2 Pass-Through Rate.

Class A-2 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to a fixed rate of 5.17400%.

Class A-2 Pass-Through Rate. For each Distribution Date, a rate per annum equal to the lesser of (a) One-Month LIBOR as of the related LIBOR Determination Date, plus the Class A-2 Certificate Margin and (b) the Group 2 Maximum Rate Cap.

Class A-2 Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate minus 0.01500%.

Class A-2 Pass-Through Rate. A per annum fixed rate equal to 3.0326%.

Class A-2 Pass-Through Rate. With respect to the Class A-2 Certificates, for any Distribution Date, a per annum rate equal to 5.327%.

Class A-2 Pass-Through Rate. For any Distribution Date, a per annum fixed rate equal to [___]%.

Class A-2 Pass-Through Rate. As set forth in “Description of the Certificates—Distributions—Pass-Through Rates” in the Prospectus Supplement; provided that such Pass-Through Rate for the initial Distribution Date shall be as set forth in the Preliminary Statement hereto.