Definition of Accrued Note Interest

Accrued Note Interest means, for a Class and a Payment Date, the sum of the Note Monthly Interest and the Note Interest Shortfall.

Accrued Note Interest means, with respect to any Payment Date, the sum of the Noteholders’ Monthly Accrued Interest for such Payment Date and the Noteholders’ Interest Carryover Shortfall for such Payment Date.

Accrued Note Interest means, with respect to any Payment Date and each Class of Notes, the sum of the Monthly Accrued Note Interest and the Interest Carryover Shortfall for such Class for such Payment Date.

Accrued Note Interest means, with respect to any Payment Date, the sum of the Accrued Class A-1 Note Interest, the Accrued Class A-2 Note Interest, the Accrued Class A-3 Note Interest and the Accrued Class A-4 Note Interest.

Accrued Note Interest means, for a Class and a Payment Date or Final Scheduled Payment Date, the sum of the Note Monthly Interest and the Note Interest Shortfall.

Accrued Note Interest means the interest that will accrue during each Interest Accrual Period at the applicable Note Rate on the Note Principal Balance of such Note outstanding immediately prior to the related Payment Date; provided, however, on or after the determination of a Value Reduction Amount, in determining the Accrued Note Interest with respect to any Note, an amount equal to the Value Reduction Amount shall be deemed to have reduced the Note Principal Balance of each Class of the Notes, in inverse order of alphabetical designation, and applied pro rata to each Note of such Class.

Accrued Note Interest means the interest accrued on each Note during each Interest Accrual Period at the applicable Note Rate on the Note Principal Balance of such Note outstanding immediately prior to the related Payment Date. Accrued Note Interest for each Note will be calculated on a 30/360 Basis; provided that Accrued Note Interest with respect to the Interest Accrual Period commencing on the Initial Closing Date shall be calculated by multiplying the applicable Note Rate by a fraction, the numerator of which is 29 and the denominator of which is 360; provided, further, that the Accrued Note Interest with respect to any Additional Notes that are Variable Funding Notes shall be deemed to include any commitment fees and administrative expenses payable in respect thereof.

Accrued Note Interest means all accrued and unpaid interest under the Old Notes, the Notes or the Indenture, up to and including, the Effective Date;

Accrued Note Interest means, with respect to any Distribution Date, the sum of the Noteholders' Monthly Accrued Interest for such Distribution Date and the Noteholders' Interest Carryover Shortfall for such Distribution Date.

Accrued Note Interest means the interest that will accrue during each Interest Accrual Period at the applicable Note Rate on the Note Principal Balance of such Note Outstanding immediately prior to the related Payment Date; provided, however, (i) if the Swap Counterparty fails for any reason to make payment in full of any payment required to be made by it under the Swap Contract on the due date for such payment, interest on the Class A-FL Notes of each Series will accrue at a fixed rate equal to the Note Rate on the Class A-FX Notes of such Series from and including the immediately preceding Payment Date to but excluding the Payment Date immediately following the date on which such default under the Swap Contract is cured or the Swap Contract is replaced and (ii) on or after the determination of a Value Reduction Amount, in determining the Accrued Note Interest with respect to any Note, an amount equal to the Value Reduction Amount shall be deemed to have reduced the Note Principal Balance of each Class of the Notes, in inverse alphabetical order (with the Class A-FX Notes and the Class A-FL Notes both deemed to be Class A Notes for such purpose), and applied pro rata to each Note of such Class. Accrued Note interest will be calculated on a 30/360 Basis, except for the Class A-FL Notes on which interest will be calculated on the basis of the actual number of days elapsed and a 360-day year; provided, however, during any period of time that Interest on Class A-FX Notes accrues at a fixed rate equal to the Note Rate on the Class A-FX Notes, for all purposes hereunder such Interest will be calculated on a 30/360 Basis.