Class R Shortfall definition

Class R Shortfall has the meaning set forth in Section 2.3(g)(v).
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Class R Shortfall. Interest shall accrue on the Class R Shortfall at the Class R Note Rate.
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Class R Shortfall. With respect to any Distribution Date, the amount equal to the excess, if any, of the Class R Interest Accrual Amount over the amount actually distributed to the Class R Certificateholders on such Distribution Date pursuant to Section 5.02(b)(i)(J).
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Examples of Class R Shortfall in a sentence

  • Interest shall accrue on the Class R Shortfall at the Class R Note Rate.