Examples of Available Interest Amount in a sentence
The Issuer shall reallocate and redistribute certain excess Available Interest Amounts to cover Series Available Interest Amount Shortfalls incurred by other series as specified in the related Indenture Supplements.
Credit Enhancement As, on the Note Issuance Date, the average interest rate under the Loan Contracts exceeds the average interest rate of the Notes, it is expected that the Available Interest Amount will exceed the amounts required to meet the items ranking higher than Class A Notes Interest (item fifth) in the Pre-Enforcement Interest Priority of Payments.
If the aggregate Excess Available Interest Amounts for such Transfer Date is greater than the aggregate amount of Series Available Interest Amount Shortfalls for such Transfer Date, the excess shall be deemed Excess Finance Charge Collections from the Collateral Certificate and allocated in accordance with the Pooling and Servicing Agreement.
If and to the extent that the Available Interest Amount on any Payment Date exceeds the amounts required to meet the items ranking higher than item ninth in the Pre-Enforcement Interest Priority of Payments, an amount equal to the General Reserve Required Decrease Amount (if any) will be applied towards payments of principal and interest under Subordinated Loan in accordance with the Pre-Enforcement Interest Priority of Payments.
See "CERTAIN DEFINITIONS — Available Interest Amount" and "CERTAIN DEFINITIONS — Available Principal Amount".