Shared Excess Available Interest Amount definition
Shared Excess Available Interest Amount means, with respect to any Payment Date with respect to any series of Notes, either (i) the Series 2004-A Available Interest Amount for such Payment Date available after application in accordance with Sections 3.01(a) through (e) or (ii) the amounts allocated to the Notes of other series that the applicable Indenture Supplements for such series specify are to be treated as "Shared Excess Available Interest Amount."
Examples of Shared Excess Available Interest Amount in a sentence
Any Shared Excess Available Interest Amount allocable to Series 2005-1 will be treated as part of the Series 2005-1 Available Interest Amount pursuant to Section 3.16(a).