Coverage Amount definition
Examples of Coverage Amount in a sentence
The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Interest Coverage Amount remitted on the Closing Date to the Trustee by the Depositor.
The Indenture Trustee shall, promptly upon receipt, deposit in the Capitalized Interest Account and retain therein the Interest Coverage Amount.
Amounts and Applications Relating to the Referenced Series Series Referenced Series Adjusted Shortfall Referenced Series Shortfall Coverage Amount Allocable portion of Reallocated Principal Collections Applied to fund Scheduled Partial Amortization Amount Reimbursements of reductions of Scheduled Partial Amortization Amount 2008-2 0.00 0.00 0.00 0.00 0.00 Aggregate for all Referenced Series 0.00 0.00 0.00 0.00 0.00 M.
The recomputed Interest Coverage Amount shall be not less than the amount necessary to cover the Capitalized Interest Requirement for each remaining Payment Date in the Pre-Funding Period.
The Trustee shall, promptly upon receipt, deposit in each Interest Coverage Account and retain therein the related Interest Coverage Amount, remitted on the Closing Date to the Trustee by the Depositor.