All amounts definition

All amounts deposited in the Net WAC Rate Carryover Reserve Account shall be distributed to the Holders of the Floating Rate Certificates in the manner set forth in Section 4.01(d). On each Distribution Date as to which there is a Net WAC Rate Carryover Amount payable to the Floating Rate Certificates, the Trustee has been directed by the Class C Certificateholders to, and therefore will, deposit into the Net WAC Rate Carryover Reserve Account the amounts described in Section 4.01(d)(iv), rather than distributing such amounts to the Class C Certificateholders. In addition, any payments received by the Trustee under the Cap Contract on each Distribution Date will be deposited into the Net WAC Rate Carryover Reserve Account. On each such Distribution Date, the Trustee shall hold all such amounts for the benefit of the Holders of the Floating Rate Certificates, and will distribute such amounts to the Holders of the Floating Rate Certificates in the amounts and priorities set forth in Section 4.01(d). On each Distribution Date, any amounts remaining in the Net WAC Rate Carryover Reserve Account (representing payments received by the Trustee under the Cap Contract) after the payment of any Net WAC Rate Carryover Amounts on the Floating Rate Certificates for such Distribution Date, shall be payable to the Trustee. For federal and state income tax purposes, the Trustee will be deemed to be the owner of the Net WAC Rate Carryover Reserve Account. All amounts deposited into the Net WAC Rate Carryover Reserve Account (other than amounts received under the Cap Contract) shall be treated as amounts distributed by REMIC 3 to the Holder of the Class C Interest and by REMIC 4 to the Holder of the Class C Certificates. The Net WAC Rate Carryover Reserve Account will be an "outside reserve fund" within the meaning of Treasury regulation Section 1.860G-2(h). Upon the termination of the Trust, or the payment in full of the Floating Rate Certificates, all amounts remaining on deposit in the Net WAC Rate Carryover Reserve Account will be released by the Trust and distributed to the Trustee or its designee. The Net WAC Rate Carryover Reserve Account will be part of the Trust but not part of any REMIC and any payments to the Holders of the Floating Rate Certificates of Net WAC Rate Carryover Amounts will not be payments with respect to a "regular interest" in a REMIC within the meaning of Code Section 860(G)(a)(1). By accepting a Class C Certificate, each Class C Certificateholder hereby ag...
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All amounts representing any Interim Class A2 Principal Repayment shall be: (1) maintained in the Class A2 Accumulation Account; (2) held by Party B subject to the security created pursuant to the Deed of Charge; and (3) invested in Swap Permitted Investments (as defined below) as directed by Party A. All income from the Class A2 Accumulation Account is called the "Reinvested Collateral Income". The Reinvested Collateral Income will be released to Party B on each Party B Floating Rate Payer Payment Date. In addition to utilising Party B Available Funds (Series 03-3 Class A2, Party B shall also utilise Reinvested Collateral Income and income from Swap Permitted Investments for the Party B Floating Rate Payer Payment for that Party B Floating Rate Payer Payment Date. Party B's obligation to pay the applicable Party B Floating Rate Payer Payment shall be reduced on each Party B Floating Rate Payer Payment Date by an amount (if any) by which (a) the aggregate amount of the Interim Class A2 Principal Repayment funds then standing to the credit of the Class A2 Accumulation Account on that Party B Floating Rate Payer Payment Date (but not including any Interim Class A Principal Repayment Funds to be deposited on that Party B Floating Rate Payer Payment Date) multiplied by the Party A Fixed Rate Option (and calculated using the applicable Day Count Fraction therefor), exceeds (b) the Reinvested Collateral Income and income from Swap Permitted Investments released to Party B on that Party B Floating Rate Payer Payment Date. Party B's obligation to pay the applicable Party B Floating Rate Payer Payment shall be increased on each Party B Floating Rate Payer Payment Date by an amount (if any) by which: (a) the Reinvested Collateral Income and income from Swap Permitted Investments released to Party B on that Party B Floating Rate Payer Payment Date, exceeds (b) the aggregate amount of the Interim Class A2 Principal Repayment funds then standing to the credit of the Class A2 Accumulation Account on that Party B Floating Rate Payer Payment Date (but not including any Interim Class A Principal Repayment Funds to be deposited on that Party B Floating Rate Payer Payment Date) multiplied by the Party A Fixed Rate Option (and calculated using the applicable Day Count Fraction therefor).
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All amounts owing in respect of the Revolving Credit Loans outstanding on the Revolving Credit Termination Date, including unpaid principal and any and all accrued and unpaid interest and fees thereon, shall automatically and without any further act become due and payable on the Revolving Credit Termination Date."
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Examples of All amounts in a sentence

  • All amounts due under this Section shall be payable not later than ten Business Days after demand therefor.

  • All amounts denominated in other currencies (if any) shall be converted into the U.S. Dollar equivalent amount in accordance with the Exchange Rate on the date of calculation.

  • All amounts due under this Section shall be payable not later than ten (10) Business Days after demand therefor.

  • All amounts due under this Section shall be payable promptly after demand therefor.

  • All amounts payable by the Company hereunder shall be paid without notice or demand.

  • All amounts due under this Section shall be payable promptly after written demand therefor.

  • All amounts due on this Note will be made without any applicable withholding or deduction for or on account of any present or future taxes, duties, levies, assessments or other governmental charges of whatever nature imposed or levied by or on behalf of any governmental authority, unless such withholding or deduction is required by law.

  • All amounts due under this Section 9.05 shall be payable on written demand therefor.

  • All amounts due under this Section 10.5 shall be payable not later than 10 days after written demand therefor.

  • All amounts due under this Section shall be payable on written demand therefor.

Related to All amounts

  • Unpaid Interest Shortfall Amount With respect to the Class A Certificates and the Mezzanine Certificates and (i) the first Distribution Date, zero, and (ii) any Distribution Date after the first Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for the immediately preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for such preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such preceding Distribution Date, plus interest on the amount of interest due but not paid on the Certificates of such Class on such preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

  • Shortfall Amount has the meaning set forth in Section 6.02(b).

  • Class B-6 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-6 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-6 Certificates on such Distribution Date pursuant to Paragraph twentieth of Section 4.01(a).

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Reimbursement Amounts As defined in Section 3.22.