Supplemental Interest Payment Account definition

Supplemental Interest Payment Account. The Supplemental Interest Payment Account established in accordance with Section 7.10(a) hereof and maintained by the Trustee.
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Supplemental Interest Payment Account. The Eligible Account established and maintained in accordance to Section 6.10.
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Supplemental Interest Payment Account. The trust account established by the Indenture Trustee pursuant to Section 8.02(b) of the Indenture.
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Examples of Supplemental Interest Payment Account in a sentence

  • The Supplemental Interest Trust shall hold a trust account at the corporate trust office of the Trustee; the "Supplemental Interest Payment Account" to be held by the Trustee in its name on behalf of the Supplemental Interest Trust.

  • This Certificate represents a fractional ownership interest in certain excess monies of the Supplemental Interest Payment Account described herein.

  • The Supplemental Interest Trust shall hold a trust account, the "Supplemental Interest Payment Account" to be held by the Trustee in its name on behalf of the Supplemental Interest Trust.

  • Any of the Collection Account, the Distribution Account, the Interest Reserve Account or the Supplemental Interest Payment Account.

  • This Certificate represents a fractional ownership interest in certain excess moneys of the Supplemental Interest Payment Account described herein.

  • This Certificate is limited in right of payment to certain amounts held in the Supplemental Interest Payment Account, all as more specifically set forth hereinabove and in the Pooling and Servicing Agreement.

  • Any of the Collection Account, the Distribution Account, the Interest Reserve Account, the Capitalized Interest Account, the Pre-Funding Account or the Supplemental Interest Payment Account.

  • This Certificate represents a right to receive certain amounts held in the Supplemental Interest Payment Account described herein.

  • Distributions on the Certificates are payable solely from payments received on or with respect to the Mortgage Loans (other than the Servicing Fees), monies in the Principal and Interest Account, the Supplemental Interest Payment Account, the Class A-1 Distribution Account and the Class A-2 Distribution Account, except as otherwise provided herein, from earnings on monies and the proceeds of property held as a part of the Trust Estate and, upon the occurrence of certain events, from Insured Payments.

  • The Supplemental Interest Trust shall hold a trust account, the "Supplemental Interest Payment Account", to be held by the Trustee in its name on behalf of the Supplemental Interest Trust.

Related to Supplemental Interest Payment Account

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Interest Payment means, in respect of an interest payment on an Interest Payment Date, the amount of interest payable on the presentation and surrender of the relevant Coupon for the relevant Interest Period in accordance with Condition 4 (Interest Payments);

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Interest Payment Dates July 1, October 1, January 1 and April 1. Record Dates: June 15, September 15, December 15 and March 15. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

  • Fixed Rate Interest Payment Date has the meaning set forth in clause (d) of Section 2.01 of this Supplemental Indenture.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Floating Rate Interest Payment Date has the meaning provided in Section 2.7(b).

  • Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Floating Rate Interest Payment Date.

  • Supplemental Interest Account As defined in Section 4.07 hereof.

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • Compensating Interest Payment As defined in Section 6.06.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Compensating Interest Payments Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement to cover Prepayment Interest Shortfalls.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Interest Payable means in respect of the relevant Measurement Period ending on any Measurement Date, the aggregate of: