Class C Additional Interest definition

Class C Additional Interest is defined in Section 4.1(c).
Class C Additional Interest shall have the meaning specified in subsection 4.6(c).
Class C Additional Interest has the meaning specified in Section 5.12(c).

Examples of Class C Additional Interest in a sentence

  • Class C Additional Interest not paid on prior Payment Date To be treated as Available Principal Collections 0.00 0.00 0.00 a.

  • Class C Additional Interest not paid on prior Payment Date0.00vi.

  • Class C Additional Interest not paid on prior Payment Date 0.00 0.00 0.00 vi.

  • Class C Additional Interest not paid on prior Payment Date 0.00 vi.

  • Class C Additional Interest not paid on prior Payment Date0.00 vi.


More Definitions of Class C Additional Interest

Class C Additional Interest shall have the meaning specified in subsection 4.6(c) of the Agreement.
Class C Additional Interest means, as of any Distribution Date, an amount equal to the product of (i) the Class C Certificate Rate for the Interest Period then ended, (ii) a fraction the numerator of which is the actual number of days that Interest Period and the denominator of which is 360, and (iii) such Class C Interest Shortfall, if any, for the previous Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable to the Interest Funding Account or distributed to Class C Certificateholders only to the extent permitted by applicable law.
Class C Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is 30, and the denominator of which is 360, (ii) the Class C Note Interest Rate in effect with respect to such Interest Period and (iii) the Class C Interest Shortfall for the preceding Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable or distributed to the Class C Noteholders only to the extent permitted by applicable law.
Class C Additional Interest is defined in subsection 4.2(c). --------------------------- -----------------
Class C Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is 30, or in the case of the first Interest Period, the actual number of days in the Interest Period, and the denominator of which is 360, (ii) the Class B Note Interest Rate in effect with respect to the related Interest Period and (iii) the Class C Interest Shortfall for the preceding Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable or distributed to the Class C Noteholders only to the extent permitted by applicable law.
Class C Additional Interest means, with respect to any Distribution Date, the sum of the Class C-1 Additional Interest, plus the Class C-2 Additional Interest.
Class C 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 such Interest Period, and the denominator of which is 360, (ii) the Class C Note Interest Rate in effect with respect to such Interest Period and (iii) the Class C Interest Shortfall for the preceding Distribution Date (which shall be zero in the case of the first Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable or distributed to the Class C Noteholders only to the extent permitted by applicable law.