Accrued Interest Amount definition

Accrued Interest Amount. For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

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Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Revolving Loans payable hereunder.

Accrued Interest Amount means with respect to a Deferral Period, the amount of interest which would accrue on the Fixed Amount Adjustment Payment at the Deferral Rate during such Deferral Period.

Examples of Accrued Interest Amount in a sentence

Accrued Interest Amount Accrued interest amount accrued on the repurchase agreement contract.
Upon the occurrence and continuation of an Event of Default under the Debenture or the failure to pay to Secured Party the Remaining Combined Accrued Interest Amount no later than the Maturity Date of the Debenture, the Secured Party may declare all obligations secured hereby immediately due and payable and may exercise the remedies of a secured party under the Uniform Commercial Code.
This Security Agreement secures the payment and performance of all obligations of the Debtor to the Secured Party under (x) the Debenture, whether now existing or hereafter arising and whether for principal, interest, costs, fees or otherwise, and (y) Section 1.7 of the Securities Purchase Agreement with respect to the Remaining Combined Accrued Interest Amount (collectively, the “Obligations”).
The aggregate of the Principal Payment Amount and the Accrued Interest Amount shall be the purchase price (the “Purchase Price”).
The Borrower may include payment of such amounts with the deposit of the Premium Amount and/or the Accrued Interest Amount to the Escrow Agent, and the Escrow Agent may withdraw any such amounts from the Escrow Account.

More Definitions of Accrued Interest Amount

Accrued Interest Amount. For any Distribution Date and an Undercollateralized Group, the sum of (x) the product of (A) the applicable Principal Deficiency Amount and (B) the weighted average Pass-Through Rate for the related Senior Certificates for that Distribution Date, accrued during the related Interest Accrual Period and (y) any such unpaid interest amounts from prior Distribution Dates.

Accrued Interest Amount means with respect to a Fixed Amount Adjustment Payment and the related Deferral Period, an amount calculated by the Buyer in good faith and in a commercially reasonable manner equal to the product of (a) such Fixed Amount Adjustment Payment, (b) the Deferral Rate and (c) the quotient of the actual number of days in such Deferral Period (as numerator) and 360 (as denominator).

Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Loans payable hereunder, assuming for this purpose that the Cost of Funds Rate for each Class A Revolving Loan funded by a Class A Revolving Conduit Lender for each day since the most recent Interest Payment Date was equal to the rate per annum determined by the Paying Agent at approximately 11:00 a.m., London time, on such day by reference to the British Bankers’ Association Interest Settlement Rate (or any successor thereto) for deposits in dollars for a period of one month (as set forth by the Bloomberg Information Service or any successor thereto or any other service selected by the Paying Agent in its sole discretion) (the “Daily LIBOR Rate”) plus the amount, if any, by which the average of the Cost of Funds Rates for such Class A Revolving Conduit Lender for each day during the three immediately preceding Interest Periods exceeded the average of the Daily LIBOR Rates on each day during such Interest Periods.

Accrued Interest Amount has the meaning assigned to such term in Section 2.2.

Accrued Interest Amount means, in respect of a Note, an amount equal to:

Accrued Interest Amount means, in respect of a Fixed Rate Payer Calculation Period, an amount determined as if it were a Floating Amount pursuant to the 2000 ISDA Definitions, as published by ISDA, where the following terms apply:

Accrued Interest Amount means with respect to a Fixed Amount Adjustment Payment and the Deferral Period, an amount calculated by the Buyer in its sole discretion equal to the product of (a) such Fixed Amount Adjustment Payment,