Computational Materials

Example Definitions of "Computational Materials"
Computational Materials. Within the meaning of the no-action letter issued by the staff of the Commission on May 20, 1994 to Kidder, Peabody Acceptance Corporation I, et al., as modified by a no-action letter issued by the staff of the Commission on May 27, 1994 to the Public Securities Association (the "PSA") and as further modified by a no-action letter issued by the staff of the Commission on February 17, 1995 to the PSA, tables and/or charts displaying, with respect to the Notes, any of the following: yield;... average life; duration; expected maturity; interest rate sensitivity; loss sensitivity; cash flow characteristics; background information regarding the Mortgage Loans; proposed structure; or similar information (tabular or otherwise) of a statistical, mathematical, tabular or computational nature, which materials are furnished by the Underwriter to prospective investors. View More Arrow
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