Sample rate

Don't know for sure, but I think it will bounce at the set rate for the project.  Perhaps someone who knows for sure will chime in soon.

it is 96 THOUSAND time per second.... not 96. 

That is the AUDIO sampling rate. It takes the audio coming in and samples it at that rate to reproduce it in digital form for recording. 

The higher the sampling rate, the more accurate the picture it can paint. However, the normal rate for CD of 16 bits and 44.1k sample rate is more than sufficient to reproduce a highly accurate and detailed musical note.  That's why it's a standard. Commercial CD players are all set up to read that particular standard. Other non-standard rates may or may not be read on a given machine. Although a computer will generally read them.

Going above 44.1khz is OK, but 99.9% of listeners can not differentiate between a 44.1khz sampled recording and the 96khz ones in a side by side listening test with any degree of accuracy beyond the random correct guess. 

Midi is already digital. However, coming out of the DAW, when it is converted back to audio, yes, the sampling rate selected is used to convert the digital back into audio..... that is why you select a bit depth and sampling rate to export to audio. 

MIDI triggers sounds generated by the synth. Each synth has already been set with the sounds it makes. This can be sampled sounds or synthesis. This can be analog or digital etc etc. 
Your project sample rate has zero to do with this. 
Word length can be anywhere from 8 bit to 32 bit. That's more important than clock speed. Sonar works in 32 bit but that still only counts with an audio track. 


Using a higher clock rate beyond 48 hz is a well documented waste of hard drive space for most of the recordings made with home studio equipment. Might make a .5% better sounding recording.