Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.
Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.
Class A Interest Each of the Class A-1 and Class A-2 Interests.
Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.
Class C Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Default Rate Interest is defined in Section 3.1(b)(ix) of this Agreement.
Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.
Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.
Class E Interest Rate means 5.02% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class R-3 Interest The uncertificated Residual Interest in REMIC 3.
Class B Rate means 0.00% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).
Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.
Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.
Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.
Class D Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Class A-1 Interest Rate means 0.48000% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).
Class B Interest Each of the Class B-1 and Class B-2 Interests.
Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).
Accrued Class D Note Interest means, with respect to any Payment Date, the sum of the Class D Noteholders’ Monthly Accrued Interest for such Payment Date and the Class D Noteholders’ Interest Carryover Shortfall for such Payment Date.
Class R-I Interest The uncertificated Residual Interest in REMIC I.
Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.
Class A Interest Rate has the meaning assigned to such term in the Indenture.
Compounded Interest shall have the meaning set forth in Section 4.1.
Class R-4 Interest The uncertificated Residual Interest in REMIC 4.
Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.