Class B-3 Certificate Margin definition

Class B-3 Certificate Margin. For each Distribution Date (i) on or prior to the Optional Termination Date, 1.700% per annum, and (ii) following the Optional Termination Date, 2.550% per annum.
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Class B-3 Certificate Margin. As to any Distribution Date, 1.00% per annum.
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Examples of Class B-3 Certificate Margin in a sentence

  • The Certificate Interest Rate for the Class B-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 B-3 Certificate Margin, (ii) the Pool Maximum Rate Cap and (iii) the Pool Cap.

  • The Class B-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 B-3 Certificate Margin and (ii) the related Rate Cap for such Distribution Date.

  • The Class B-3 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the sum of one month LIBOR plus the Class B-3 Certificate Margin.

  • The Class B-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 B-3 Certificate Margin and (ii) the Pool Cap for the related Distribution Date.

  • The Class B-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 B-3 Certificate Margin and (ii) the Rate Cap for such Distribution Date.

  • The Class B-3 Pass-Through Rate on each Distribution Date is the lesser of (i) the sum of one month LIBOR plus the Class B-3 Certificate Margin and (ii) the related Rate Cap for such Distribution Date.

  • The Class B-3 Pass-Through Rate on each Distribution Date will be a rate per annum equal to the lesser of (i) LIBOR as of the related LIBOR Determination Date, plus the Class B-3 Certificate Margin and (ii) the related Rate Cap for such Distribution Date.

Related to Class B-3 Certificate Margin

  • Certificate Margin As to any Class of LIBOR Certificates, the respective amount set forth below:

  • Class B-3 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-3 and Exhibit C hereto. Class B-3 Certificateholder: The registered holder of a Class B-3 Certificate.

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Class B-4 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-4 and Exhibit C hereto. Class B-4 Certificateholder: The registered holder of a Class B-4 Certificate.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".