REMIC II Overcollateralization Count With respect to people big date of determination, (i) 0

REMIC II Overcollateralization Count With respect to people big date of determination, (i) 0

Normal Distribution Dates setting for every single June 15 each ; provided, although not, one, or no for example big date will not be a corporate Date, the brand new related shipment are made into the 2nd succeeding Business Go out as opposed to even more attract

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Quarterly Floating Price Several months form that point out-of and you may together with an effective Quarterly Beginning Day in order to however, leaving out another succeeding Every quarter Beginning Time.

Restriction I-LTZZ Uncertificated Attention Deferral Number With regards to people Shipments Day, the additional away from (i) accumulated focus during the REMIC I Remittance Price relevant to REMIC We Typical Interest We-LTZZ having like Delivery Date toward an equilibrium equivalent to new Uncertificated Equilibrium away from REMIC I Typical Interest We-LTZZ without having the REMIC I Overcollateralized Count, inside the per case for like Shipping Big date, over (ii) Uncertificated Notice into REMIC We Normal Desire We-LTA1, REMIC I Typical Attention We-LTA2, REMIC We Normal Desire We-LTA3, REMIC I Typical Focus I-LTA4, REMIC I Regular Appeal I-LTM1, REMIC I Typical Interest I-LTM2, REMIC I Normal Interest I-LTM3, REMIC I Normal Interest I-LTM4, REMIC We Typical Desire We-LTM5, REMIC I Typical Attract I-LTM6, REMIC loans Haswell Colorado We Typical Notice I-LTM7, REMIC We Regular Focus I-LTM8, REMIC We Normal Attention I-LTM9 and you will REMIC I Regular Interest I-LTM10 to have such Delivery Time, towards the price on every eg REMIC I Typical Interest topic so you’re able to a cap equivalent to this new reduced of (i) One-Few days LIBOR additionally the relevant Margin to your relevant Relevant Certification and you may (ii) the internet WAC Pass-Using Price into the associated Related Certification; given, however, for every single cap should be multiplied by the a minority, the latest numerator from which ‘s the genuine quantity of days elapsed about relevant Notice Accrual Period as well as the denominator where is actually 31.

Revolving Rate of interest mode mortgage loan per year comparable to (a) the whole Solution Ft Price and the Relevant Margin with respect to Home-based Speed Fund and you may (b) the total Eurodollar Price plus the Appropriate Margin that have esteem so you’re able to Eurodollar Price Financing

Corresponding All the way down-Level Regular Attention As the recognized from the First Declaration relating to the Class of Dominant Harmony Certificates or Role.

Drifting Every quarter Dividend Rates means, for all the Every quarter Floating Price Period, the interest rate (expressed just like the a percentage price round down to the latest nearby that hundred-thousandth of just one per cent (that have 0.000005% getting round upwards)) equivalent to the total T-Bill Rates to your applicable Drifting Speed Formula Day along with step one.60% (computed based on the real quantity of months elapsed such Every quarter Floating Price Months split of the 365).

CB Floating Price means the top Rate; provided the fresh new CB Drifting Rate will not lower than the new Adjusted 30 days LIBOR Rate towards such as date (or if such as for instance go out is not a business Go out, this new instantaneously preceding Business day).

Group X Notional Harmony With respect to any Shipping Date (in addition to related Accrual Months) new aggregate dominant balance of your own regular welfare in REMIC step 3 once the specified throughout the First Report hereto.

50% of the aggregate Uncertificated Balances of one’s REMIC II Normal Passion (except that REMIC II Normal Interest P) without (ii) the fresh aggregate of Uncertificated Stability from REMIC II Regular Appeal A-1, REMIC II Typical Interest An effective-2A, REMIC II Typical Desire A great-2B, REMIC II Normal Appeal A great-2C, REMIC II Typical Attention A great-2D, REMIC II Regular Appeal M-1, REMIC II Typical Attention M-dos, REMIC II Normal Attention M-3, REMIC II Normal Interest M-4, REMIC II Normal Attention M-5, REMIC II Normal Interest M-6, REMIC II Normal Notice M-7, REMIC II Normal Attract M-8, REMIC II Typical Notice Yards-nine, REMIC II Typical Attract Yards-10 and you may REMIC II Normal Attract M-11, during the for every single circumstances at the time of including big date away from devotion.

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