Collateral Senior Interest Shortfall definition

Collateral Senior Interest Shortfall shall have the meaning specified in subsection 4.02(d).
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Related to Collateral Senior Interest Shortfall

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

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

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