Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.
Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.
Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.
Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.
Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.
Subsequent Interest Period has the meaning specified in Section 307.
Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.
Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.
Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).
Term Loan Extension Series has the meaning set forth in Section 2.16(a).
Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and
Interest Date means the last day of an Interest Period.
Class B Interest Percentage With respect to any Distribution Date and any Class of Class B Certificates, the percentage calculated by dividing the Interest Accrual Amount of such Class (determined without regard to clause (ii) of the definition thereof) by the Class B Interest Accrual Amount (determined without regard to clause (ii) of the definition of each Interest Accrual Amount).
Loan Payment Date means any date on which any Bond Service Charges are due and payable.
New Term Loan Maturity Date means the date on which a New Term Loan matures.
Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.
Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.
Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;
Term SOFR Replacement Date has the meaning specified in Section 3.03(b).
Non Pro Rata Loan is defined in Section 9.2 hereof.
Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.
Class A-4 Final Scheduled Payment Date means the June 16, 2025 Payment Date.
Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.
Class A-3 Final Scheduled Distribution Date means January 15, 2021.
Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).