Interest Proceeds. On each Payment Date, Interest Proceeds shall be deemed paid in the following order of priority: (1) to the Class G-XS Subcomponent, to the extent of accrued interest thereon; and (2) to the Class G-R Subcomponent, any remaining Interest Proceeds.
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Sources: Indenture and Security Agreement (Lument Finance Trust, Inc.)
Interest Proceeds. On each Payment Date, Interest Proceeds shall be deemed paid in the following order of priority:
(1) to the Class GH-XS X Subcomponent, to the extent of accrued interest thereon; and
(2) to the Class GH-R Subcomponent, any remaining Interest Proceeds.
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Sources: Indenture (FS Credit Real Estate Income Trust, Inc.)
Interest Proceeds. On each Payment Date, Interest Proceeds shall be deemed paid in the following order of priority:
(1) to the Class GH-XS Subcomponent, to the extent of accrued interest thereon; and
(2) to the Class GH-R Subcomponent, any remaining Interest Proceeds.
Appears in 1 contract