Examples of Class C Monthly Interest in a sentence
Applied to fund Class C Monthly Interest and Class C Additional Interest and any past due Class C Monthly Interest and Class C Additional Interest $0.00 5.
Applied to fund Class C Monthly Interest and Class C Additional Interest and any past due Class C Monthly Interest and Class C Additional Interest$0.005.
On the Note Transfer Date preceding each Payment Date from and after the occurrence and during the continuance of a Swap Termination Event, the Servicer shall determine the excess, if any (the “Class C Interest Shortfall”), of (x) the Class C Monthly Interest for such Payment Date pursuant to Section 4.08(c) over (y) the aggregate amount of funds allocated and available to pay such Class C Monthly Interest on such Payment Date.
On the Note Transfer Date preceding each Payment Date, the Servicer shall determine the excess, if any (the “Class C Interest Shortfall”), of (x) the Class C Monthly Interest for such Payment Date over (y) the aggregate amount of funds allocated and available to pay such Class C Monthly Interest on such Payment Date.
If the amounts described in Section 2.3 are insufficient to pay the amounts described in clauses (i) through (iv) of Section 2.3(a) and the Class C Monthly Interest on any Distribution Date, payments of interest to the Class C Noteholders will be reduced on a pro rata basis by the amount of such deficiency.