# Class A-3 Interest Distributable Amount definition

Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.
Class A-3 Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A-3 Monthly Interest Distributable Amount and the Class A-3 Interest Carryover Shortfall for such Payment Date.
Class A-3 Interest Distributable Amount. With respect to any Distribution Date, the sum of the Class A-3 Monthly Interest Distributable Amount for such Distribution Date and the Class A-3 Interest Carryover Shortfall for such Distribution Date.

## Examples of Class A-3 Interest Distributable Amount in a sentence

• Payment of Class A-3 Interest Distributable Amount from Reserve Account \$ -- 8.

• Payment of Class A-3 Interest Distributable Amount from Available Funds \$ 1,055,450.00 7.

• Payment of Class A-3 Interest Distributable Amount from Available Funds \$ 1,277,250.00 7.

• Payment of Class A-3 Interest Distributable Amount from Reserve Account \$ - 8.

• Payable from Note Interest Distribution Account Class A-1 Interest Distributable Amount \$0.00 Class A-2 Interest Distributable Amount \$548,166.67 Class A-3 Interest Distributable Amount \$1,831,083.33 Class M Interest Distributable Amount \$404,181.94 Class B Interest Distributable Amount \$557,345.93 h.

• Payment of Class A-3 Interest Distributable Amount from Available Funds \$ 1,106,666.67 7.

• Calculation of Noteholders' Interest Distributable Amount Class A-1 Interest Distributable Amount \$0.00 Class A-2 Interest Distributable Amount \$0.00 Class A-3 Interest Distributable Amount \$1,233,744.00 Noteholders' Interest Distributable Amount \$1,233,744.00 ================ H.

• Payment of Class A-3 Interest Distributable Amount from Available Funds \$ 1,416,800.00 7.

• Calculation of Noteholders' Interest Distributable Amount Class A-1 Interest Distributable Amount \$201,187.71 Class A-2 Interest Distributable Amount \$625,348.09 Class A-3 Interest Distributable Amount \$904,851.49 Noteholders' Interest Distributable Amount \$1,731,387.28 ================ H.

• Calculation of Noteholders' Interest Distributable Amount Class A-1 Interest Distributable Amount \$0.00 Class A-2 Interest Distributable Amount \$752,526.67 Class A-3 Interest Distributable Amount \$892,500.00 Class A-4 Interest Distributable Amount \$812,500.00 Class A-5 Interest Distributable Amount \$910,083.33 Noteholders' Interest Distributable Amount \$3,367,610.01 -------------------- -------------------- H.

## More Definitions of Class A-3 Interest Distributable Amount

Class A-3 Interest Distributable Amount means, with respect to any Distribution Date, the product of (i) one- twelfth of the Class A-3 Certificate Rate or, in the case of the first Distribution Date, two-thirds of such amount, and (ii) the Class A-3 Certificate Balance as of the immediately preceding Distribution Date (after giving effect to changes in the Class A-3 Certificate Balance made on such immediately preceding Distribution Date) or, in the case of the first Distribution Date, the Initial Class A-3 Certificate Balance.
Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of such Interest Period being assumed to consist of 30 days and a year assumed to consist of 360 days) on the Class A-3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A-3 Rate or, in the case of the first Payment Date, on the Class A-3 Initial Principal Balance.
Class A-3 Interest Distributable Amount means, with respect to any Monthly Allocation Date, (a) the product of (i) one-twelfth of the Class A-3 Rate (or in the case of the first Monthly Allocation Date, of 0.27778% of the Class A-3 Rate) and (ii) the Class A-3 Certificate Balance as of the immediately preceding Monthly Allocation Date (after giving effect to changes in the Class A-3 Certificate Balance made on such immediately preceding Monthly Allocation Date) or, in the case of the first Monthly Allocation Date, the Initial Class A-3 Certificate Balance, plus (b) interest accrued during such period at the Class A-3 Rate on unreimbursed Class A-3 Certificate Principal Loss Amounts.
Class A-3 Interest Distributable Amount means, with respect to any Monthly Allocation Date, the product of (i) one-twelfth of the Class A-3 Rate (or in the case of the first Monthly Allocation Date, of -% the Class A-3 Rate) and (ii) the Certificate Balance as of the immediately preceding Monthly Allocation Date (after giving effect to changes in the Class A-3 Certificate Balance made on such immediately preceding Monthly Allocation Date) or, in the case of the first Monthly Allocation Date, the Initial Class A-3 Certificate Balance, plus (iii) interest accrued during such period at the Class A-3 Rate on unreimbursed Certificate Principal Loss Amounts previously allocated to the Class A-3. "CLASS A-3 LOSS AMOUNT" means, with respect to any Monthly Allocation Date, the product of (a) the Class A-3 Allocation Percentage, (b) the Investor Percentage with regard to Loss Amounts for the related Collection Period, and (c) the Loss Amount for the related Collection Period. "CLASS A-3 PRINCIPAL DISTRIBUTABLE AMOUNT" means, with respect to any Monthly Allocation Date related to a Collection Period commencing during the Amortization Period, the amount (if any) that is distributable to the Class A-3 Certificateholders pursuant to Section 3.01(d) of the 1997-A Securitization Trust Agreement. "CLASS A-3 RATE" means -% per annum.
Class A-3 Interest Distributable Amount means, with respect to any Monthly Allocation Date, the product of (i) one-twelfth of the Class A-3 Rate (or in the case of the first Monthly Allocation Date, of the Class A-3 Rate) and (ii) the Certificate Balance as of the immediately preceding Monthly Allocation Date (after giving effect to changes in the Class A-3 Certificate Balance made on such immediately preceding Monthly Allocation Date) or, in the case of the first Monthly Allocation Date, the Initial Class A-3 Certificate Balance.
Class A-3 Interest Distributable Amount means, for any Distribution Date, the sum of (x) the Class A-3 Monthly Interest Distributable Amount for such Distribution Date, plus (y) the Class A-3 Interest Carryover Shortfall for such Distribution Date.

## Related to Class A-3 Interest Distributable Amount

• Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

• Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

• Class B Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class B Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class B Rate or, in the case of the first Payment Date, on the Class B Initial Principal Balance.

• Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

• Certificate Interest Distributable Amount means, with respect to any Payment Date, the sum of the Certificate Monthly Interest Distributable Amount for such Payment Date and the Certificate Interest Carryover Shortfall for such Payment Date.

• Class B Noteholders’ Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period on the Class B Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this Agreement and the Basic Documents, interest with respect to all Class B Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of: · the Outstanding Principal Balance of the Class B Notes; · the Class B Interest Rate; and · 30 (or, in the case of the initial Payment Date, 26) divided by 360.

• Note Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period at the related Interest Rate for each Class of Notes on the Outstanding Amount of the Notes of each such Class on the immediately preceding Payment Date (or, in the case of the first Payment Date, the original principal amount of each such Class of Notes), after giving effect to all distributions of principal to the Noteholders of each such Class on or prior to such Payment Date.

• Noteholders’ Monthly Interest Distributable Amount means, with respect to any Distribution Date and any Class of Notes, interest accrued at the respective Interest Rate during the applicable Interest Period on the principal amount of the Notes of such Class outstanding as of the end of the prior Distribution Date (or, in the case of the first Distribution Date, as of the Closing Date), calculated (x) for the Class A-1 Notes and the Class A-2-B Notes on the basis of a 360-day year and the actual number of days elapsed in the applicable Interest Period and (y) for all other Classes of Notes on the basis of a 360-day year consisting of twelve 30-day months (without adjustment for the actual number of business days elapsed in the applicable Interest Period), except with respect to the first Interest Period.

• Class B Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class B Noteholders’ Monthly Interest Distributable Amount for such Payment Date and the Class B Noteholders’ Interest Carryover Shortfall for such Payment Date.

• Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A Noteholders’ Monthly Interest Distributable Amount for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date.

• Note Distributable Amount means, with respect to any Payment Date, the sum of the Note Interest Distributable Amount and the Note Principal Distributable Amount for such Payment Date.

• Noteholders’ Principal Distributable Amount means, with respect to any Distribution Date, (other than the Final Scheduled Distribution Date for any Class of Notes), the sum of the Principal Distributable Amount for such Distribution Date and the Noteholders’ Principal Carryover Amount, if any, as of the close of business on the preceding Distribution Date. The Noteholders’ Principal Distributable Amount on the Final Scheduled Distribution Date for any Class of Notes will equal the sum of (i) the Principal Distributable Amount for such Distribution Date, (ii) the Noteholders’ Principal Carryover Amount as of such Distribution Date, and (iii) the excess of the outstanding principal amount of such Class of Notes, if any, over the amounts described in clauses (i) and (ii).