Class A-7 Current Interest definition

Class A-7 Current Interest. With respect to any Payment Date, the amount of interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-7 Pass-Through Rate plus the Preference Amount owed to the Owners of the Class A-7 Certificates as it relates to interest previously paid on the Class A-7 Certificates.
Class A-7 Current Interest. With respect to any Payment Date, an amount equal to 30 days' interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-7 Pass-Through Rate plus the Preference Amount owed to the Owners of the Class A-7 Certificates as it relates to interest previously paid on the Class A-7 Certificates; provided, however, such amount will be reduced by the Class A-7 Certificates' pro rata share of any Civil Relief Interest Shortfalls.
Class A-7 Current Interest. With respect to any Payment Date, an amount equal to 30 days' interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-7 Pass-Through Rate plus the Preference Amount owed to the Owners of the Class A-7 Certificates as it relates to interest previously paid on the Class A-7 Certificates plus the Carry-Forward Amount, if any, with respect to the Class A-7 Certificates; provided, however, such amount will be reduced by the Class A-7 Certificates' pro rata share of any Civil Relief Interest Shortfalls relating to Home Equity Loans in Group I.

More Definitions of Class A-7 Current Interest

Class A-7 Current Interest. With respect to any Distribution Date, an amount equal to the sum of (i) the amount of interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Distribution Date during the related Accrual Period at the Class A-7 Certificate Rate and (ii) any prior unpaid Carry-Forward Amount, if any, with respect to the Class A-7 Certificates; PROVIDED, HOWEVER, the amount described in clause (i) will be reduced by the Class A-7 Certificates' pro rata share of any Civil Relief Act Interest Shortfalls relating to Home Equity Loans in Group II.
Class A-7 Current Interest. With respect to any Distribution Date, the amount of interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Distribution Date during the related Accrual Period at the Class A-7 Pass-Through Rate (net of Net Prepayment Interest Shortfalls and the interest portion of reductions due to the Relief Act with respect to the Adjustable Rate Group, allocable to such Class on a pro rata basis with the other Group 2 Certificates without any priority) plus the Preference Amount owed to the Owners of the Class A-7 Certificates as it relates to interest previously paid on the Class A-7 Certificates plus the portion of the Carry Forward Amount, if any, with respect to the Class A-7 Certificates relating to interest (net of Net Prepayment Interest Shortfalls and the interest portion of reductions due to the Relief Act with respect to the Adjustable Rate Group, allocable to such Class on a pro rata basis with the other Group 2 Certificates without any priority).
Class A-7 Current Interest. With respect to any Payment Date, the amount of interest accrued on the Class A-7 Certificate Principal Balance during the related Accrual Period at the Class A-7 Pass-Through Rate; provided, that such amount will be reduced by any Civil Relief Act Shortfalls relating to Group II during the related Remittance Period.
Class A-7 Current Interest. With respect to any Payment Date an amount equal to the sum of (i), the amount of interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-7 Pass-Through Rate and (ii) the Group IA Preference Amount related to interest previously paid on the Class A-7 Certificates to the extent such Group IA Preference Amount has not been paid; provided, that such amount will be reduced by the Class A-7 Certificates' pro rata share of any Civil Relief Act Shortfalls relating to Group IA during the related Remittance Period.
Class A-7 Current Interest. With respect to any Payment Date, the sum of the Component I Current Interest and the Component II Current Interest.
Class A-7 Current Interest. With respect to any Distribution Date, the amount of interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Distribution Date during the related Accrual Period at the Class A-7 Pass-Through Rate (net of Net Prepayment Interest Shortfalls and the interest portion of reductions due to the Relief Act) plus the Preference Amount owed to the Owners of the Class A-7 Certificates as it relates to interest previously paid on the Class A-7 Certificates plus the portion of the Carry Forward Amount, if any, with respect to the Class A-7 Certificates relating to interest (net of Net Prepayment Interest Shortfalls and the interest portion of reductions due to the Relief Act).
Class A-7 Current Interest. The aggregate amount of interest accrued on the Class A-7 Certificate Principal Balance immediately prior to such Distribution Date during the related Accrual Period at the Class A-7 Pass-Through Rate (based on a 360-day year consisting of twelve 30-day months).