Class C Pass-Through Rate definition
Class C Pass-Through Rate. For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.
Class C Pass-Through Rate. With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate for such Distribution Date.
Class C Pass-Through Rate. As set forth in the Upper-Tier REMIC section of the Introductory Statement of this Agreement.
Examples of Class C 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 C Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
In the event Common Stock is issued with other shares or securities or other assets of the Company for consideration which covers both, the consideration computed as provided in this Section 3.5(viii) shall be allocated among such securities and assets as determined in good faith by the Board.
More Definitions of Class C Pass-Through Rate
Class C Pass-Through Rate. The per annum rate set forth in the Introductory Statement hereto with respect to the Class C Certificates.
Class C Pass-Through Rate. A per annum rate equal to 6.910%.
Class C Pass-Through Rate. A per annum rate equal to the Weighted Average Net Mortgage Pass-Through Rate.
Class C Pass-Through Rate. A per annum rate equal to the WAC Rate.
Class C 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.
Class C Pass-Through Rate. For any Distribution Date, a per annum rate equal to the lesser of (i) [___]% and (ii) the [WAC Rate].
Class C Pass-Through Rate. A per annum rate equal to 5.672%.