Class C Additional Interest definition

Class C Additional Interest is defined in Section 4.1(c).
Class C Additional Interest shall have the meaning specified in subsection 4.02(c).
Class C Additional Interest shall have the meaning specified in subsection 4.6(c) of the Agreement.

Examples of Class C Additional Interest in a sentence

  • Class C Additional Interest not paid on prior Payment Date 0.00 vi.

  • Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable or distributed to the Class C Noteholders only to the extent permitted by applicable law.

  • The amount of the payment set forth in paragraph 1 above in respect of Class C Additional Interest previously due but not distributed on a prior Payment Date....................................

  • The amount of the payment set forth in A1 above in respect of Class C Additional Interest.

  • Applied to fund Class C Monthly Interest and Class C Additional Interest and any past due Class C Monthly Interest and Class C Additional Interest $0.00 5.


More Definitions of Class C Additional Interest

Class C Additional Interest means, as of any Distribution Date, an amount equal to the product of (i) the Class C Certificate Rate for the Interest Period then ended, (ii) a fraction the numerator of which is the actual number of days that Interest Period and the denominator of which is 360, and (iii) such Class C Interest Shortfall, if any, for the previous Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable to the Interest Funding Account or distributed to Class C Certificateholders only to the extent permitted by applicable law.
Class C Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is 30, and the denominator of which is 360, (ii) the Class C Note Interest Rate in effect with respect to such Interest Period and (iii) the Class C Interest Shortfall for the preceding Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable or distributed to the Class C Noteholders only to the extent permitted by applicable law.
Class C Additional Interest is defined in subsection 4.2(c). --------------------------- -----------------
Class C Additional Interest has the meaning specified in subsection 5.12(c).
Class C Additional Interest means, on any Distribution Date, an amount equal to the product of (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) the sum of the Class C Certificate Rate and 1% times (ii) any Class C Deficiency Amounts from the prior Distribution Date (or the portion thereof which has not theretofore been paid to the Class C Holders).
Class C Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is the actual number of days in such Interest Period, and the denominator of which is 360, (ii) the Class C Note Interest Rate in effect with respect to such Interest Period and (iii) the Class C Interest Shortfall for the preceding Distribution Date (which shall be zero in the case of the first Distribution Date. Notwithstanding anything to the contrary herein, Class C Additional Interest shall be payable or distributed to the Class C Noteholders only to the extent permitted by applicable law.
Class C Additional Interest means, with respect to any Distribution Date, the sum of the Class C-1 Additional Interest, plus the Class C-2 Additional Interest.