Common use of Interest Payment Clause in Contracts

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33. Any interest on the Class A(2018-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2022-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2022-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.335,197,500.00. Any interest on the Class A(2018A(2022-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2017-14) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2017-14) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,902,083.33. Any interest on the Class A(2018A(2017-14) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2021-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2021-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,295,555.56. Any interest on the Class A(2018A(2021-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2019-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2019-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.335,325,000.00. Any interest on the Class A(2018A(2019-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2016-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2016-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33954,750. Any interest on the Class A(2018A(2016-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2016-15) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2016-15) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,440,972. Any interest on the Class A(2018A(2016-15) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2017-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2017-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.334,266,667. Any interest on the Class A(2018A(2017-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2022-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2022-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.338,662,500.00. Any interest on the Class A(2018A(2022-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2016-16) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2016-16) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,496,444. Any interest on the Class A(2018A(2016-16) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2016-14) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2016-14) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,031,944. Any interest on the Class A(2018A(2016-14) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2019-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2019-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,484,444.44. Any interest on the Class A(2018A(2019-12) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2019-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2019-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.333,318,888.89. Any interest on the Class A(2018A(2019-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2022-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A (2022-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.337,875,000. Any interest on the Class A(2018A(2022-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2021-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2021-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,600,000.00. Any interest on the Class A(2018A(2021-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2021-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2021-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,864,944.44. Any interest on the Class A(2018A(2021-12) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2005-1) 8) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2005-1) 8) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,161,111.11. Any interest on the Class A(2018A(2005-1) 8) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2023-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2023-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.337,514,000.00. Any interest on the Class A(2018A(2023-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date (other than the first Interest Payment Date), the amount of interest due with respect to the Class A(2018A(2024-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2024-1) Notes determined as of the Record Date preceding the related Distribution Transfer Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.337,547,222. Any interest Interest on the Class A(2018A(2024-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2017-16) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2017-16) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,003,750. Any interest on the Class A(2018A(2017-16) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2017-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2017-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,592,000. Any interest on the Class A(2018A(2017-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2015-17) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2015-17) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33821,667. Any interest on the Class A(2018A(2015-17) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2014-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2014-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,286,250. Any interest on the Class A(2018A(2014-12) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2015-1) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2015-1) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,171,875.00. Any interest on the Class A(2018A(2015-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2005-17) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2005-17) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,762,500. Any interest on the Class A(2018A(2005-17) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2006-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2006-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, provided however that for the first Interest Payment Date the amount of interest due is $1,454,833.332,468,888.89. Any interest on the Class A(2018A(2006-13) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2005-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2005-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.332,193,750. Any interest on the Class A(2018A(2005-12) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2005-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2005-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,968,750. Any interest on the Class A(2018A(2005-13) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018B(2004-16) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018B(2004-16) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33853,055.56. Any interest on the Class A(2018B(2004-16) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2015-15) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2015-15) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,617,778. Any interest on the Class A(2018A(2015-15) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2006-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2006-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, provided however that for the first Interest Payment Date the amount of interest due is $1,454,833.332,829,166.67. Any interest on the Class A(2018A(2006-12) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018B(2004-15) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018B(2004-15) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33596,111.11. Any interest on the Class A(2018B(2004-15) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2015-1) 8) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2015-1) 8) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,366,667. Any interest on the Class A(2018A(2015-1) 8) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2003-14) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2003-14) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,444,792.00. Any interest on the Class A(2018A(2003-14) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2022-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2022-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.3314,784,027.78. Any interest on the Class A(2018A(2022-12) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2014-15) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2014-15) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,656,777.78. Any interest on the Class A(2018A(2014-15) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018B(2003-13) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018B(2003-13) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33787,500.00. Any interest on the Class A(2018B(2003-13) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2003-16) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2003-16) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33942,361.11. Any interest on the Class A(2018A(2003-16) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2015-14) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2015-14) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.331,092,361. Any interest on the Class A(2018A(2015-14) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2015-12) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2015-12) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33976,444. Any interest on the Class A(2018A(2015-12) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2006-110) Notes shall be an amount equal to one-one twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2006-110) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, provided however that for the first Interest Payment Date the amount of interest due is $1,454,833.331,430,555.56. Any interest on the Class A(2018A(2006-110) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018B(2003-15) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate Rate, times (ii) the Outstanding Dollar Principal Amount of the Class A(2018B(2003-15) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, that for the first Interest Payment Date the amount of interest due is $1,454,833.33798,333.33. Any interest on the Class A(2018B(2003-15) Notes will be calculated on the basis of a 360-day year consisting of and twelve 30-day months.

Interest Payment. (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2018A(2007-17) Notes shall be an amount equal to one-one twelfth of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2018A(2007-17) Notes determined as of the Record Date preceding the related Distribution Date; provided, however, provided however that for the first Interest Payment Date the amount of interest due is $1,454,833.332,715,277.78. Any interest on the Class A(2018A(2007-17) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-30 day months.