Examples of Estimated Interest Adjustment in a sentence
On or before 4:00 p.m. (New York City time) on the Business Day immediately preceding each Determination Date, the Administrator shall notify the Trustee of any Estimated Interest Adjustment Amount with respect to such Determination Date, such notification to be in the form of Exhibit H to this Series Supplement (each an “Estimated Interest Adjustment Notice”).
An Estimated Interest Adjustment shall not bear interest, unless not paid when due as provided in the preceding sentence.
The amount of any shortfall in interest based on such variation shall be a positive "Estimated Interest Adjustment" for such Interest Period, and the amount of any overpayment of interest based on such variation shall be a negative "Estimated Interest Adjustment" for such Interest Period.
On or before 4:00 p.m. (New York City time) on the Business Day immediately preceding each Determination Date, the Administrator shall notify the Trustee of any Estimated Interest Adjustment Amount with respect to such Determination Date, such notification to be in the form of Exhibit I to this Series Supplement (each an “Estimated Interest Adjustment Notice”).
Any positive Estimated Interest Adjustment for an Interest Period shall be deemed not due on the Distribution Date for such Interest Period, but shall be due on the Distribution Date related to the next succeeding Interest Period and in any event on the final Distribution Date for Class A-1 Notes.
Any positive Estimated Interest Adjustment for an Interest Period shall be deemed not due on the Distribution Date for such Interest Period, but shall be due on the Distribution Date related to the next succeeding Interest Period and in any event on the final Distribution Date for Class A-2 Notes.
Estimated Interest Adjustment (if any) from prior Monthly Period $__________ 3.
On or before 4:00 p.m. (New York City time) on the Business Day immediately preceding each Determination Date, the Series 2010-2 Administrator shall notify the Trustee of any Estimated Interest Adjustment Amount with respect to such Determination Date, such notification to be in the form of Exhibit H to this Series Supplement (each an “Estimated Interest Adjustment Notice”).
Subject to any Estimated Interest Adjustment, each determination of the Class A Monthly Interest and Fees with respect to its Purchaser Group by a Managing Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Purchasers, the Transferor, the Servicer and the Trustee in the absence of manifest error.
Any positive Estimated Interest Adjustment for a Monthly Period shall be deemed not due on the Distribution Date for such Monthly Period, but shall be due on the next succeeding Distribution Date.