Interest B definition
Examples of Interest B in a sentence
All Realized Losses on the Group II Loans shall be allocated on each Distribution Date to REMIC II Regular Interest B, until the Uncertificated Balance of REMIC II Regular Interest B has been reduced to zero.
On each Distribution Date, following the distributions to Certificateholders to be made on such date pursuant to Section 4.01, the Trustee shall determine the amount, if any, by which (i) the then aggregate of the Class Principal Balances of the Class ___ Certificates, exceeds (ii) the Uncertificated Principal Balance of the REMIC I Regular Interest ___-B that will be outstanding immediately following such Distribution Date.
The interest portion of all Realized Losses on the Group II Loans shall be allocated on each Distribution Date to REMIC II Regular Interest B and the REMIC II I-A-V Regular Interests, pro rata with their entitlement to interest without regard to this provision.
All (A) NAP General Partner Interest (B) General Partner Units, (C) NAP Common Units that are not NAP Public Units and are not cancelled pursuant to the first sentence of this clause (iii) and (D) NAP Incentive Distribution Rights shall, in each case, remain outstanding as partnership interests in the Surviving Entity, unaffected by the Merger.
The Borrower shall deliver a written notice to the Holder not less than ten (10) or more than twenty (20) days prior to each Interest Date, stating (A) the amount of Interest that shall be paid as Cash Interest, (B) the amount of Interest that shall be paid either in Interest Notes or in Shares, and (C) the Market Price applicable to any Shares which the Holder may elect to receive in respect of the non-Cash Interest payable on the subject Interest Date.
In furtherance of the forgoing, the Company shall (i) provide Acquiror with three Business Days prior written notice of the date, time, location and substance of any negotiations pertaining to the acquisition of Interest B and (ii) permit Acquiror to participate in all negotiations of the terms and binding definitive agreements that the Company negotiates with the sellers of Interest B.
The ______________ Trust Mortgage Loan consists of two loan components, and each of REMIC I Regular Interest ___-A and REMIC I Regular Interest ___-B will correspond to a separate loan component of the ______________ Trust Mortgage Loan.
Pursuant to the Sixth Supplemental Agreement, the acquisition of New Sale Interest B, New Sale Interest C and New Sale Interest D have been terminated because after discussions with the Vendor, the Board is not optimistic about the prospect of fulfillment of the respective Conditions Precedent for each of New Sale Interest B, New Sale Interest C and New Sale Interest D of obtaining all necessary consents and approvals from the relevant governmental or regulatory authorities.
The Company shall use its immediate and best commercial efforts to (i) enter into a binding definitive agreement, in form and substance acceptable to Acquiror, to acquire Interest B, (ii) take all actions necessary or appropriate to complete the acquisition of Interest B, and (iii) cause the fulfillment at the earliest practicable date of all of the conditions to its obligations to complete the transactions contemplated by the agreement to acquire Interest B.
The (A) DM General Partner Interest, (B) DM Incentive Distribution Rights, (C) DM Units that are not DM Public Units and are not cancelled pursuant to the preceding sentence, and (D) DM Public Series A Preferred Units held by Non-Converting Series A Holders shall, in each case, remain outstanding as partnership interests in the Surviving Entity, unaffected by the Merger.