Class A-3 Certificate Margin definition
Examples of Class A-3 Certificate Margin in a sentence
The Certificate Interest Rate for the Class A-3 Certificates for each Distribution Date will be the least of (i) One-Month LIBOR as of the related LIBOR Determination Date plus the Class A-3 Certificate Margin, (ii) the Maximum Rate Cap and (iii) the Pool Cap.
The Certificate Interest Rate for the Class A-3 Certificates for each Distribution Date will be the least of (i) One-Month LIBOR as of the related LIBOR Determination Date plus the Class A-3 Certificate Margin, (ii) the Group 2 Maximum Rate Cap and (iii) the Group 2 Cap.
The Class A-3 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-3 Certificate Margin and (ii) the Rate Cap for such Distribution Date.