Examples of Group II Interest Remittance Amount in a sentence
Remaining Interest Remittance Amount ------------------------------------ With respect to any Distribution Date, an amount equal to the sum of any Group I Interest Remittance Amount and Group II Interest Remittance Amount remaining after giving effect to the distributions set forth in clauses (i) and (ii) of Section 4.02(a).
On each Distribution Date, the trustee will withdraw from the distribution account that portion of Available Funds for such Distribution Date consisting of the Group II Interest Remittance Amount for such Distribution Date, and make the following distributions in the order of priority described below, in each case to the extent of the Group II Interest Remittance Amount remaining for such Distribution Date.
The Group I Trust Administrator Fee shall be payable solely from the Group I Interest Remittance Amount and the Group II Trust Administrator Fee shall be payable solely from the Group II Interest Remittance Amount.
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Group II Interest Remittance Amount ----------------------------------- With respect to any Determination Date, the sum, without duplication, of (a) all interest collected or advanced on the Group II Loans during the related Due Period and (b) the portion of any Substitution Adjustment Amount, Termination Price, payment in connection with any repurchase of a Deleted Loan, or Liquidation Proceeds, relating to interest with respect to the Group II Loans and received during the related Due Period.