Class B Interest Shortfall definition

Class B Interest Shortfall shall have the meaning specified in subsection 4.02(b).
Class B Interest Shortfall shall have the meaning specified in -------------------------- subsection 4.06(b) of the Agreement.
Class B Interest Shortfall has the meaning specified in Section 4.02(b).

Examples of Class B Interest Shortfall in a sentence

  • Class B Monthly Interest 166,223.96 ----------------- Class B Interest Shortfall 0.00 I(4).

  • If the Class B Interest Shortfall with respect to any Payment Date is greater than zero, on each subsequent Payment Date until such Class B Interest Shortfall is fully paid, an additional amount (“Class B Additional Interest”) equal to the product of (i) 1/12, (ii) the Class B Note Interest Rate and (iii) such Class B Interest Shortfall (or the portion thereof which has not been paid to the Class B Noteholders) shall be payable as provided herein with respect to the Class B Notes.

  • This is especially because there are barriers to third party financing which is essential for projects where available funds (of the EES provider) are not sufficient to cover the whole initial investment.

  • To the extent lawful and enforceable, interest on any Class B Interest Shortfall shall accrue hereon to the extent provided in the Supplement.

  • On September 30, 2014, the United States Patent and Trademark Office duly and legally issued United States Patent No. 8,849,720 (“the ‘720 Patent”), entitled “Entertainment Event Ticket Purchase And Exchange System” after full and fair examination.


More Definitions of Class B Interest Shortfall

Class B Interest Shortfall means, with respect to any Distribution Date, the excess, if any, as determined by the Servicer, of (i) the amount described in Section 4.03(a)(iii) over (ii) the sum of (a) the aggregate amount of Available Finance Charge Collections allocated and paid for such amounts on such Distribution Date and (b) the Reallocated Principal Amount applied to fund a deficiency in the amount distributed pursuant to Section 4.03(a)(iii) on such Distribution Date.
Class B Interest Shortfall shall have the meaning specified in SECTION 4.02(b).
Class B Interest Shortfall is defined in Section 2.4.
Class B Interest Shortfall. As to any Distribution Date, the amount -------------------------- equal to (a) the Class B Interest Formula Distribution Amount for such Distribution Date less (b) the amount of interest distributed to the Class B Certificateholders on such Distribution Date.
Class B Interest Shortfall is defined in subsection 4.2(b). -------------------------- -----------------
Class B Interest Shortfall. As to any Distribution Date, any amount by which the amount of interest distributed to Class B Certificateholders on such Distribution Date is less than the sum of (a) interest accrued during the related Accrual Period at the Class B Pass-Through Rate on the Class B Certificate Balance and (b) any interest due on such Distribution Date on any Class B Unpaid Interest Shortfall (to the extent legally permitted).
Class B Interest Shortfall means arrears of interest (together with interest thereon) owed by the Issuer to Class B Noteholders pursuant to Condition 6(b) (Interest on the Class B Notes).