Defaulted Interest Amount definition

Defaulted Interest Amount means, on each Payment Date, any amount due and payable on such Payment Date out of the Interest Available Funds under items (i), (iii), (iv), (v), (vi), (vii), (viii) and (ix) of the Priority of Payment of the Interest Available Funds on such Payment Date but not paid.
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Defaulted Interest Amount. The Class A Defaulted Interest Amount, the Class B Defaulted Interest Amount, or the Class C Defaulted Interest Amount, as the context requires.
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Defaulted Interest Amount means, on each Payment Date prior to the delivery of a Trigger Notice or the redemption of the Notes pursuant to Condition 7.1 (Final Redemption), Condition 7.3 (Optional Redemption of the Notes for clean-up or regulatory reason) or Condition 7.4 (Redemption for Taxation), any amount due and payable on such Payment Date out of the Interest Available Funds under items from (i) to (x) (other than item (ii)) of the Pre-Acceleration Interest Priority of Payments on such Payment Date but not paid.
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Examples of Defaulted Interest Amount in a sentence

  • So long as the Unrecovered Amount exceeds the Deductible, in the event any Interest Payment Default occurs in respect of any Protected Asset during the Protection Period with respect to such Protected Asset, the Seller shall pay to the Company, in accordance with Section 2.6.1 below, an amount equal to fifty percent (50%) of the amount of the Defaulted Interest Amount related to such Interest Payment Default.

  • The redemption price of the Class C-FL Notes shall be calculated on the related Determination Date and shall be equal to the Aggregate Outstanding Amount of the Class C-FL Notes to be redeemed, together with the Class C-FL Interest Distribution Amount (plus any Class C-FL Capitalized Interest and any Class C-FL Defaulted Interest Amount) due on that day of redemption.

  • The redemption price for the Class J Notes will be calculated on the related Determination Date and will equal the Aggregate Outstanding Amount of the Class J Notes to be redeemed, together with the Class J Interest Distribution Amount (plus any Class J Capitalized Interest and any Class J Defaulted Interest Amount) due on that day of redemption.

  • The redemption price of the Class A-3 Notes shall be calculated on the related Determination Date and shall be equal to the Aggregate Outstanding Amount of the Class A-3 Notes to be redeemed, together with the Class A-3 Interest Distribution Amount (plus any Class A-3 Defaulted Interest Amount) due on that day of redemption.

  • The redemption price of the Class J Notes shall be calculated on the related Determination Date and shall be equal to the Aggregate Outstanding Amount of the Class J Notes to be redeemed, together with the Class J Interest Distribution Amount (plus any Class J Capitalized Interest and any Class J Defaulted Interest Amount) due on that day of redemption, plus, in the event of an Optional Redemption occurring at any time prior to the Assumed Maturity, the applicable Make-Whole Amount.


More Definitions of Defaulted Interest Amount

Defaulted Interest Amount means, on each Payment Date, any amount due and payable on such Payment Date out of the Interest Available Funds under items (i), items from (iii) to (xii) of the Priority of Payment of the Interest Available Funds on such Payment Date but not
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Defaulted Interest Amount means, with respect to any Interest Payment Default on a Protected Asset, the total amount of interest (excluding any Additional Interest on such Protected Asset) due with respect to such Protected Asset that the Borrower under such Protected Asset failed to pay in respect of such Interest Payment Default (including any amount deemed a Defaulted Interest Amount under Section 2.4.1(b) hereof).
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Defaulted Interest Amount. The Class A-1A Defaulted Interest Amount, the Class A-1AR Defaulted Interest Amount, the Class A-2 Defaulted Interest Amount, the Class B Defaulted Interest Amount, the Class C Defaulted Interest Amount, the Class D Defaulted Interest Amount, the Class E Defaulted Interest Amount, the Class F Defaulted Interest Amount, the Class G Defaulted Interest Amount and/or the Class H Defaulted Interest Amount, as the context requires.
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Defaulted Interest Amount. The Class A-1 Defaulted Interest Amount, the Class A-1R Defaulted Interest Amount, the Class A-2 Defaulted Interest Amount, the Class A-2R Defaulted Interest Amount, the Class B Defaulted Interest Amount, the Class C Defaulted Interest Amount, the Class D Defaulted Interest Amount, the Class E Defaulted Interest Amount, the Class F Defaulted Interest Amount, the Class G Defaulted Interest Amount, the Class H Defaulted Interest Amount, the Class J Defaulted Interest Amount, the Class K Defaulted Interest Amount or the Class L Defaulted Interest Amount, as the context requires.
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Defaulted Interest Amount means, on each Payment Date, any amount due and payable on such Payment Date out of the Interest Available Funds under items (i), (iii), (iv), (v), (vi), (vii), (viii) and (ix) of
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Defaulted Interest Amount means the Class A Defaulted Interest Amount, Class A-S Defaulted Interest Amount, Class B Defaulted Interest Amount, Class C Defaulted Interest Amount, Class D Defaulted Interest Amount, Class E Defaulted Interest Amount, Class F Defaulted Interest Amount or Class G Defaulted Interest Amount, as applicable, in accordance with Section 5.1(a). For the avoidance of doubt, so long as a more senior Class of Principal Balance Notes is Outstanding, any interest payment due on the Class C Notes, Class D Notes, Class E Notes, Class F Notes, Class G Notes or Class H Notes, as applicable, that is not paid as a result of the operation of the Priority of Payments on any Payment Date shall not be considered a “Defaulted Interest Amount.”USActive 37579766.24
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