Collateral Monthly Interest means the monthly interest distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.06(c).

Collateral Monthly Interest shall have the meaning specified in subsection 4.02(c).

Collateral Monthly Interest shall have the meaning specified in --------------------------- Section 4.04 of the Agreement.

Examples of Collateral Monthly Interest in a sentence

Base Rate (Class A Monthly Interest, Class B Monthly Interest, Collateral Monthly Interest and Investor Servicing Fee divided by Investor Interest.
The amount of the current monthly distribution in respect of Collateral Monthly Interest.
On each Transfer Date, the Trustee shall pay to the Collateral Interest Holder the Collateral Monthly Interest, to the extent funds are available.
The amount of the current monthly distribution in respect of any accrued and unpaid Collateral Monthly Interest .
The amount of the current monthly distribution in respect of any accrued and unpaid Collateral Monthly Interest.

More Definitions of Collateral Monthly Interest

Collateral Monthly Interest means, with respect to any Transfer --------------------------- Date, an amount equal to the product of (i) the Collateral Rate with respect to the related Interest Accrual Period, (ii) the Collateral Interest as of the preceding Distribution Date (after giving effect to all payments, deposits and withdrawals on such Distribution Date) or, for the first Transfer Date, the Initial Collateral Interest, and (iii) the actual number of days in the related Interest Accrual Period divided by 360.

Collateral Monthly Interest means, with respect to any Distribution Date, an amount equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days in the period from and including the preceding Distribution Date to but excluding such Distribution Date and the denominator of which is 360, times (B) the Collateral Rate and (ii) the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period; provided, however, with respect to the first Distribution Date, Collateral Monthly Interest shall be equal to the interest accrued on the Collateral Initial Invested Amount at the Collateral Rate for the period from the Closing Date to but excluding the first Distribution Date.

Collateral Monthly Interest means the monthly

Collateral Monthly Interest means the monthly interest distributable in respect of the Collateral Invested Amount as calculated in accordance with subsection 4.02(e).]

Collateral Monthly Interest is defined in Section 4.8(c).

Collateral Monthly Interest means the sum of the Class C --------------------------- Monthly Interest and the Class D Monthly Interest.