applicable, of each such Class for the related Distribution Date (before giving effect to
any payments on such Distribution Date); and
(h) after the July 2010 Accrual Period, as applicable, the rate per annum equal to WACR
less the weighted average of the applicable interest rate for the Accrual Period on
Classes A, B, C, D, E, F and G weighted based on the Class Principal Balance of each
such Class for the related Distribution Date (before giving effect to any payments on
such Distribution Date).
Class XB will bear interest during each Accrual Period at a rate per annum determined as
follows:
(a) from and including the August 2003 Accrual Period through and including the July
2004 Accrual Period, the rate per annum equal to: (i) the lesser of WACR and the
applicable interest rate from the Interest Rate Schedule for that Accrual Period, less
(ii) the weighted average interest rate of the First Class A Notional Contribution and
Classes B, C, D, E, F and G weighted based on the Class Principal Balance or
Class Notional Contribution, as applicable, of each such Class for the related Distribu-
tion Date (before giving effect to any payments on such Distribution Date);
(b) from and including the August 2004 Accrual Period through and including the July
2005 Accrual Period, the rate per annum equal to: (i) the lesser of WACR and the
applicable interest rate from the Interest Rate Schedule for that Accrual Period, less
(ii) the weighted average interest rate of the Second Class A Notional Contribution
and Classes B, C, D, E, F and G weighted based on the Class Principal Balance or
Class Notional Contribution, as applicable, of each such Class for the related Distribu-
tion Date (before giving effect to any payments on such Distribution Date);
(c) from and including the August 2005 Accrual Period through and including the July
2006 Accrual Period, the rate per annum equal to: (i) the lesser of WACR and the
applicable interest rate from the Interest Rate Schedule for that Accrual Period, less
(ii) the weighted average interest rate of the First Class B Notional Contribution, the
First Class C Notional Contribution and Classes D, E, F and G weighted based on the
Class Principal Balance or Class Notional Contribution, as applicable, of each such
Class for the related Distribution Date (before giving effect to any payment on such
Distribution Date);
(d) from and including the August 2006 Accrual Period through and including the July
2007 Accrual Period, the rate per annum equal to: (i) the lesser of WACR and the
applicable interest rate from the Interest Rate Schedule for that Accrual Period, less
(ii) the weighted average interest rate of the Second Class B Notional Contribution,
the Second Class C Notional Contribution and Classes D, E, F and G weighted based
on the Class Principal Balance or Class Notional Contribution, as applicable, of each
such Class for the related Distribution Date (before giving effect to any payment on
such Distribution Date);
(e) from and including the August 2007 Accrual Period through and including the July
2008 Accrual Period, the rate per annum equal to: (i) the lesser of WACR and the
applicable interest rate from the Interest Rate Schedule for that Accrual Period, less
(ii) the weighted average interest rate of the Class E Notional Contribution and
Classes F and G weighted based on the Class Principal Balance or Class Notional
Contribution, as applicable, of each such Class for the related Distribution Date
(before giving effect to any payment on such Distribution Date);
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