Class A Noteholders’ Interest Distribution Amount definition

Class A Noteholders’ Interest Distribution Amount means, for any distribution date, the sum of: • the amount of interest accrued at the class A note interest rates for the related accrual period on the aggregate outstanding principal balances of all classes of class A notes on the immediately preceding distribution date, after giving effect to all principal distributions to class A noteholders on that preceding distribution date; and • the Class A Note Interest Shortfall for that distribution date.
Class A Noteholders’ Interest Distribution Amount means, for any Distribution Date, the sum of: (1) the amount of interest accrued at the Class A-1 Rate, the Class A-2 Rate, the Class A-3 Rate, the Class A-4 Rate or the Class A-5 Rate, as applicable, for the related Accrual Period on the Outstanding Amount of all classes of Class A Notes on the immediately preceding Distribution Date(s) after giving effect to all principal distributions to Class A Noteholders on that preceding Distribution Date or, in the case of the first Distribution Date, on the Closing Date, and (2) the Class A Note Interest Shortfall for that Distribution Date.
Class A Noteholders’ Interest Distribution Amount means, for any distribution date, the sum of:

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

  • If these sources are insufficient to pay the Class A Noteholders’ Interest Distribution Amount for that distribution date, the shortfall will be allocated pro rata to the class A noteholders, based upon the total amount of interest then due on each class of class A notes from Available Funds.The interest rate for the class A-4 notes with respect to each accrual period, will be equal to three-month LIBOR plus 0.14%.


More Definitions of Class A Noteholders’ Interest Distribution Amount

Class A Noteholders’ Interest Distribution Amount means, with respect to any Distribution Date, the sum of (i) the amount of interest accrued at the Class A-1 Rate, the Class A-2 Rate, the Class A-3 Rate, the Class A-4 Rate or the Class A-5 Rate, as applicable, for the related Accrual Period with respect to all classes of Class A Notes on the aggregate outstanding principal balances of these classes of Class A Notes (a) on the immediately preceding Distribution Date after giving effect to all principal distributions to Class A Noteholders on such preceding Distribution Date or (b) in the case of the first Distribution Date, on the Closing Date; and (ii) the Class A Note Interest Shortfall for such Distribution Date.
Class A Noteholders’ Interest Distribution Amount means, for any Quarterly Distribution Date, the sum of:
Class A Noteholders’ Interest Distribution Amount means, for any distribution date, the sum of: • the amount of interest accrued at the class A note interest rate for the related accrual period on the outstanding balance of the class A notes on the applicable immediately preceding distribution date (or in the case of the initial distributiondate, the closing date) after giving effect to all principal distributions to class A noteholders on preceding distribution dates; and • the Class A Note Interest Shortfall for that distribution date.
Class A Noteholders’ Interest Distribution Amount means, with respect to any Monthly Distribution Date, for each Class of Class A Notes, the Class A-1A Noteholders’ Interest Distribution Amount or the Class A-1B Noteholders’ Interest Distribution Amount, as applicable, in each case to the extent payable on such Monthly Distribution Date.
Class A Noteholders’ Interest Distribution Amount means, for any Distribution Date, the sum of: (1) the amount of interest accrued at the Class A-1 Rate or the Class A-2 Rate, as applicable, for the related Accrual Period on the Outstanding Amount of all classes of Class A Notes on the immediately preceding Distribution Date after giving effect to all principal distributions to Class A Noteholders on that preceding Distribution Date or, in the case of the first Distribution Date, on the Closing Date, and (2) the Class A Note Interest Shortfall for that Distribution Date.
Class A Noteholders’ Interest Distribution Amount means, for any Distribution Date, the sum of: (1) the amount of interest accrued at the class A note interest rates for the related accrual period on the aggregate outstanding principal balances of all classes of LIBOR-Based Class A Notes or the amount payable with respect to interest to the Currency Swap Counterparty under the currency swap with respect to the EURIBOR-Based Notes on the immediately preceding Distribution Date (or in the case of the first Distribution Date, the closing date) after giving effect to all principal distributions to LIBOR-Based Class A Noteholders and the Currency Swap Counterparty with respect to the EURIBOR-Based Class A Noteholders on that preceding Distribution Date, and (2) the Class A Note Interest Shortfall for that Distribution Date.
Class A Noteholders’ Interest Distribution Amount shall have the meaning assigned to such term in a Supplemental Indenture.