Aggregate Interest Component definition
Aggregate Interest Component means aggregate sum of the Interest Components of all issued and outstanding Related Commercial Paper.
Aggregate Interest Component means, with respect to any calendar month, the sum for all Commercial Paper outstanding at any time during such calendar month of an amount with respect to each Commercial Paper Note outstanding at any time during such calendar month equal to the product of (x) the Interest Component of such Commercial Paper Note multiplied by (y) a fraction the numerator of which is the number of days during such calendar month that such Commercial Paper Note was outstanding and the denominator of which is the total number of days such Commercial Paper Note was or is scheduled to be outstanding, as the case may be.
Aggregate Interest Component means, with respect to any Settlement Period, the amount of interest accrued during such Settlement Period on all Commercial Paper outstanding at any time during such Settlement Period calculated by reference to the Edison CP Rate for such Settlement Period; provided, that, with respect to the Settlement Period ending on March 31, 1998, the Aggregate Interest Component shall be the foregoing amount plus the amount of any interest accrued through March 20, 1998 on any commercial paper issued by the Company to make or maintain purchases of Receivables pursuant to Sections 2.01 or 2.02 hereof.
More Definitions of Aggregate Interest Component
Aggregate Interest Component means, with respect to any Settlement Period, the sum for all Commercial Paper outstanding at any time during such Settlement Period of an amount with respect to each Commercial Paper Note outstanding at any time during such Settlement Period equal to the product of (x) the Interest Component of such Commercial Paper Note multiplied by (y) a fraction the numerator of which is the number of days during such Settlement Period that such Commercial Paper Note was outstanding and the denominator of which is the total number of days such Commercial Paper Note was or is scheduled to be outstanding, as the case may be.
Aggregate Interest Component means, with respect to each Conduit, the sum of the Interest Components of all issued and outstanding Related Commercial Paper of such Conduit.