Collateral Interest Shortfall definition

Collateral Interest Shortfall shall have the meaning specified in subsection 4.02(c).
Collateral Interest Shortfall shall have the meaning specified in Section 4.3(c). "Collateral Investor Percentage" shall be calculated by substituting the Collateral Indebtedness Amount and the Collateral Initial Indebtedness Amount in all references to the Adjusted Investor Amount and the Initial Investor Amount, respectively, in the definition of Investor Percentage.
Collateral Interest Shortfall shall have the meaning specified in Section 4.02(e).]

Examples of Collateral Interest Shortfall in a sentence

  • On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Collateral Interest Shortfall"), of (x) the aggregate Collateral Monthly Interest for the preceding Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Collateral Monthly Interest on such preceding Distribution Date.

  • If the contractor cannot be contacted or if he/she fails to do the work, the Department of Public Works shall take corrective action and bill the contractor.

  • The Proposed Regulation should be amended to include notification requirements from the FID to Licensees about the status of database implementation and a reasonable compliance date at least six to nine months after a database provider contract is in place and the Industry has had technical and other necessary onboarding meetings and information to program and integrate with the database.

  • Collateral Monthly Interest 392,401.04 Collateral Interest Shortfall 0.00 J(4).

  • Collateral Monthly Interest 375,785.00 ----------------- Collateral Interest Shortfall 0.00 K(4).

  • NGOs and the private sector likewise bring extensive experience and capabilities to further the goals of the Alliance.


More Definitions of Collateral Interest Shortfall

Collateral Interest Shortfall shall have the meaning specified in ----------------------------- subsection 4.06(c) of the Agreement.
Collateral Interest Shortfall shall have the meaning specified in subsection 4.02(e). EXHIBIT 3 TO FORM 8-A
Collateral Interest Shortfall shall have the meaning specified ----------------------------- in Section 4.04(c). "Controlled Amortization Period" shall mean an amortization period ------------------------------ commencing on ________, 1998 and continuing to, but not including, the date on which the Class A Invested Amount has been paid in full or to, and including, (i) the date of termination of the Trust pursuant to Section 12.01 or (ii) the Final Series 1996-1 Termination Date or (iii) the day on which an Amortization Event occurs or is deemed to have occurred.
Collateral Interest Shortfall means, in respect of any Interest Period, to the extent not deducted from amounts paid under paragraph 13(D), any shortfall in the interest received on Collateral by the Issuer from the amount due under the Collateral in accordance with the terms and conditions of the Collateral on the Trade Date, and in the period from the Issue Date to the Interest Payment Date falling on or about 20 December 2013 (both dates inclusive) (treating any withholding for or on account of tax as a shortfall) plus any Collateral Default Costs incurred in such Interest Period as a result of any Collateral becoming
Collateral Interest Shortfall shall have the meaning specified in subsection 4.2(c). "Collateral Invested Amount" shall mean, when used with respect to any date, an amount equal to (a) the Collateral Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Collateral Interest Holder prior to such date, minus (c) the aggregate amount of Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.6(c), minus (d) the aggregate amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to Section 4.8 allocable to the Collateral Invested Amount, minus (e) an amount equal to the amount by which the Collateral Invested Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.6(a) and (b), and plus (f) the amount allocated and available on all prior Distribution Dates pursuant to subsection 4.7(i), for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Collateral Invested Amount may not be reduced below zero. "Collateral Monthly Interest" shall have the meaning specified in subsection 4.2(c).
Collateral Interest Shortfall with respect to any Distribution Date is greater than zero, on each subsequent Distribution Date until such Collateral Interest Shortfall is fully paid, an additional amount ("Collateral Additional Interest") equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days from and including the Distribution Date on which there is a shortfall to but excluding such subsequent Distribution Date and the denominator of which is 360, times (B) the Collateral Minimum Interest Rate and (ii) such Collateral Interest Shortfall (or the portion thereof which has not been paid to the Collateral Interest Holder) shall be payable as provided herein with respect to the Collateral Interest. Notwithstanding anything to the contrary herein, Collateral Additional Interest shall be payable or distributed to the Collateral Interest Holder only to the extent permitted by applicable law.

Related to Collateral Interest Shortfall

  • Note Interest Shortfall means, for a Class and a Payment Date, an amount equal to the excess, if any, of the Accrued Note Interest for the prior Payment Date for the Class over the amount of interest that was paid to the Noteholders of that Class on the prior Payment Date, together with interest on the excess amount, to the extent lawful, at the Note Interest Rate for the Class for that Interest Period.

  • Class A Interest Shortfall shall have the meaning specified in subsection 4.02(a).

  • Class B Interest Shortfall shall have the meaning specified in subsection 4.02(b).