Class A Noteholders’ Interest Distributable Amount definition

Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A NoteholdersMonthly Interest Distributable Amount for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date.
Class A Noteholders’ Interest Distributable Amount means the Class A-1 Noteholders' Interest Distributable Amount, the Class A-2 Noteholders' Interest Distributable Amount, the Class A-3 Noteholders' Interest Distributable Amount and the Class A-4 Noteholders' Interest Distributable Amount.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Distribution Date, the sum of (a) the Class A Noteholders' Monthly Interest Distributable Amount for such Distribution Date and (b) the Class A Noteholders' Interest Carryover Shortfall for such Distribution Date.

Examples of Class A Noteholders’ Interest Distributable Amount in a sentence

  • If it is subsequently determined that the amount of such distribution was more than the Special Redemption Price, such excess shall be deducted from the Class A Noteholders’ Interest Distributable Amount and interest on the Class A Notes with respect to the November 2008 Distribution Date.


More Definitions of Class A Noteholders’ Interest Distributable Amount

Class A Noteholders’ Interest Distributable Amount means, for any Distribution Date, the sum of the Class A Noteholders' Monthly Interest Distributable Amount for each Class of Class A Notes for such Distribution Date and the Class A Noteholders' Interest Carryover Amount, if any, for each Class of Class A Notes, calculated as of such Distribution Date.
Class A Noteholders’ Interest Distributable Amount. (a) With respect to the -------------------------------------------------- Class A-1 Notes and any Distribution Date, the product of (1) the outstanding principal balance of the Class A-1 Notes on the preceding Distribution Date after giving effect to all payments of principal in respect of the Class A-1 Notes on such preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance on the Closing Date) and (2) the product of the Interest Rate for the Class A-1 Notes and a fraction, the numerator of which is the actual number of days elapsed from the most recent Distribution Date on which interest has been paid (or the Closing Date, in the case of the initial period) to but excluding the current Distribution Date, and the denominator of which is 360, and (b) with respect to the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes and any Distribution Date, the product of (1) the outstanding principal balance of such class of Class A Notes on the preceding Distribution Date after giving effect to all payments of principal in respect of such class of Class A Notes on such preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance on the Closing Date) and (2) the product of the Interest Rate for such class of Class A Notes and a fraction, the numerator of which is 30 (or, in the case of the first Distribution Date, the number of days elapsed from the Closing Date to but excluding such Distribution Date), and the denominator of which is 360.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Distribution Date, the sum of the Class A-1 Interest Distributable Amount for such Distribution Date, the Class A-2 Interest Distributable Amount for such Distribution Date, the Class A-3 Interest Distributable Amount for such Distribution Date and the Class A-4 Interest Distributable Amount for such Distribution Date.
Class A Noteholders’ Interest Distributable Amount. $________
Class A Noteholders’ Interest Distributable Amount means, with respect to any Distribution Date, the sum of the NoteholdersMonthly Interest Distributable Amount for each class of Class A Notes for such Distribution Date and the Noteholders’ Interest Carryover Shortfall for each class of Class A Notes for such Distribution Date.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Distribution Date, the sum of the Class A Noteholders' Monthly Interest Distributable Amount for such Distribution Date and the Class A Noteholders' Interest Carryover Shortfall for such Distribution Date. Interest on the Class A-1 Notes shall be computed on the basis of the actual number of days in a 360 day year. Interest on the Class A Notes other than the Class A-1 Notes shall be computed on the basis of a 360 day year of twelve 30-day months.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A-1 Interest Distributable Amount for such Payment Date, the Class A-2 Interest Distributable Amount for such Payment Date, the Class A-3 Interest Distributable Amount for such Payment Date and, the Class A-4 Interest Distributable Amount for such Payment Date.