Class B Additional Interest definition

Class B Additional Interest shall have the meaning specified in subsection 4.02(b).
Class B Additional Interest is defined in Section 4.1(b).
Class B Additional Interest shall have the meaning specified in subsection 4.6(b) of the Agreement.

Examples of Class B Additional Interest in a sentence

  • Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable or distributed to the Class B Certificateholders only to the extent permitted by applicable law.

  • Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable or distributed to the Class B Noteholders only to the extent permitted by applicable law.

  • Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable or distributed to Class B Certificateholders only to the extent permitted by applicable law.

  • Amount of the distribution in respect of Class B Additional Interest: $0.00 5.

  • The amount of the current monthly accumulation in respect of Class B Additional Interest $0.000000 ----------------- C.


More Definitions of Class B Additional Interest

Class B Additional Interest for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class B Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class B Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date. The "Class B Deficiency Amount" for any Transfer Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(b) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class B Certificateholders on the next succeeding Interest Payment Date.
Class B Additional Interest has the meaning specified in Section 5.12(b).
Class B Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is the actual number of days in the related Interest Period, and the denominator of which is 360, (ii) the Class B Note Rate plus 2% per annum, and (iii) the Class B Interest Shortfall for the preceding Distribution Date, if any. Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable or distributed to the Class B Noteholders only to the extent permitted by applicable law.
Class B Additional Interest means, as of any Distribution Date, an amount equal to the product of (i) the Class B Certificate Rate for the Interest Period then ended, (ii) a fraction the numerator of which is the actual number of days in that Interest Period and the denominator of which is 360, and (iii) the Class B Interest Shortfall, if any, for the previous Distribution Date. Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable to the Interest Funding Account or distributed to Class B Certificateholders only to the extent permitted by applicable law.
Class B Additional Interest means the amount, if any, distributable in respect of the Class B Certificates as calculated pursuant to a supplemental agreement entered into in accordance with Section 7.3.
Class B Additional Interest shall have the meaning specified in --------------------------- Section 4.3(b).
Class B Additional Interest shall have the meaning specified in subsection4.6(b).