Additional Interest Amount definition

Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

Additional Interest Amount has the meaning set forth in Section 2(e) hereof.

Additional Interest Amount means, with respect to any class of Notes, interest accrued on such class of Notes during the related Interest Period at the related Additional Interest Rate.

Examples of Additional Interest Amount in a sentence

• For the avoidance of doubt, subject to Condition 3(h)(v)(y), the Issuer is not subject to any limit as to the number of times accrued interest, Arrears of Interest and any Additional Interest Amount can or shall be deferred pursuant to this Condition 3(h).

• In the event of a Winding-up, the Securities will become immediately due and payable, in accordance with Condition 7, at their outstanding principal amount, together with accrued interest, including any Arrears of Interest and any Additional Interest Amount, up to (but excluding) the redemption date, provided that such amount shall only be paid to the Holders to the extent that all Senior Claims shall have been satisfied in full.

• The Additional Interest Amount accrued up to any Interest Payment Date shall be added, for the purpose of calculating the Additional Interest Amount accruing thereafter, to the amount of Arrears of Interest remaining unpaid on such Interest Payment Date so that it will itself become and constitute Arrears of Interest.

• The Issuer may, at its sole discretion, elect (in the circumstances and subject always to the conditions set out in Condition 3(h)(i)) to defer further any payment of Arrears of Interest (and any Additional Interest Amount (as defined below)) by complying with the foregoing notice requirement in Condition 3(h)(i) applicable to any deferral of any accrued interest.

More Definitions of Additional Interest Amount

Additional Interest Amount has the meaning set forth in Section 2.2(d).

Additional Interest Amount has the meaning set forth in Section 3 hereof.

Additional Interest Amount shall have the meaning given to such term in the Registration Rights Agreement.

Additional Interest Amount shall have the meaning set forth in Section 6(a) hereof.

Additional Interest Amount means an amount, to be paid on the applicable Dividend Payment Date to each Holder of record on the applicable Notice Date, equal to the amount of interest that would be paid on the aggregate principal amount of the Notes held by such Holder for a period of 90 days at a rate of 3.0% per annum, calculated on the basis of a 360-day year (without any compounding of such interest).

Additional Interest Amount means, with respect to any Series of Equipment Notes or Class thereof, that amount of Additional Interest due and payable on such Series or Class on a Payment Date, including any Additional Interest due and payable on a prior Payment Date that was not paid on such prior Payment Date.

Additional Interest Amount means an amount (calculated by the Calculation Agent) equal to each Instrument's pro rata share (rounded down to the nearest cent) of any Loan Level Indemnity received by the Issuer on any date.