Class B Interest Shortfall Amount definition
Examples of Class B Interest Shortfall Amount in a sentence
If the Class B Interest Shortfall Amount with respect to any Payment Date is greater than zero, payments of interest to the Class B Investor Noteholders will be reduced on a pro rata basis, based on the amount of interest payable to each such Class B Investor Noteholder, by such Class B Interest Shortfall Amount.
I-11 Class B Interest Shortfall Amount..................................................................
An additional amount of interest (“Additional Interest”) shall accrue on the Class A Interest Shortfall Amount, the Class B Interest Shortfall Amount and the Class C Interest Shortfall Amount for each Series 2009-2 Interest Period at the applicable Series 2009-2 Note Rate for such Series 2009-2 Interest Period.
An additional amount of interest (“Additional Interest”) shall accrue on the Class A Interest Shortfall Amount, the Class B Interest Shortfall Amount and the Class C Interest Shortfall Amount for each Series 2011-2 Interest Period at the applicable Series 2011-2 Note Rate for such Series 2011-2 Interest Period.
An additional amount of interest (“Additional Interest”) shall accrue on the Class A Interest Shortfall Amount, the Class B Interest Shortfall Amount and the Class C Interest Shortfall Amount for each Series 2009-3 Interest Period at the applicable Series 2009-3 Note Rate for such Series 2009-3 Interest Period.