Class A-EC Excess Interest definition
Class A-EC Excess Interest. With respect to any Distribution Date, an amount equal to the Class A-EC Pass-Through Rate multiplied by the Class A-EC Notional Balance. Class A-EC Excess Interest represents a portion of the interest payments on the Class A-L-1 Interest, the Class A-L-2 Interest, the Class A-L-3 Interest, the Class B-L Interest, the Class C-L Interest, the Class D-L Interest and th▇ ▇lass E-L Interest.