Accrual Certificates definition
Examples of Accrual Certificates in a sentence
Notwithstanding any such distribution, each such Class or Component shall continue to be a Class of Accrual Certificates on each subsequent Distribution Date until the applicable Accrual Termination Date.
Whenever used in this Agreement, the following words and phrases, unless the context otherwise requires, shall have the following meanings: Accrual Certificates: Not applicable.
Except as provided below in the case of the Accrual Certificates, interest on each Class of interest-bearing Trust Fund Certificates for the related Interest Accrual Period at the applicable Certificate Interest Rate shall be distributed on each Distribution Date.
Except as provided below in the case of the Accrual Certificates, interest on each Class of interest-bearing Trust Fund Certificates for the related Interest Accrual Period at the applicable Certificate Interest Rate shall be distributed on each applicable Distribution Date.
Notwithstanding any such distribution, each such Class shall continue to be a Class of Accrual Certificates on each subsequent Distribution Date until the Accrual Termination Date.