State average current expense appropriations per student means the most
Original Applicable Credit Support Percentage With respect to each of the following Classes of Subordinated Certificates, the corresponding percentage described below, as of the Closing Date: Class M 4.75% Class B-1 2.75% Class B-2 1.75% Class B-3 1.00% Class B-4 0.65% Class B-5 0.35%
Prepayment Shift Percentage Not applicable. Rest period is a paid interval which is included in the workday and is intended to give the employee an opportunity to have refreshments or a rest. Interest Percentage With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.Ĭlass B Interest Percentage With respect to any Distribution Date and any Class of Class B Certificates, the percentage calculated by dividing the Interest Accrual Amount of such Class (determined without regard to clause (ii) of the definition thereof) by the Class B Interest Accrual Amount (determined without regard to clause (ii) of the definition of each Interest Accrual Amount).
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