Interest Distributions definition

Interest Distributions. With respect to any Distribution Date, (i) with respect to a Class A Subclass or Component, the amount actually distributed to such Class A Subclass or Component pursuant to Paragraphs first and second of Section 4.01(a)(i) excluding any amounts distributed in accordance with the provisos thereof, (ii) with respect to the Class M Certificates, the amount actually distributed to the Class M Certificates pursuant to Paragraphs fifth and sixth of Section 4.01(a)(i) and (iii) with respect to a Class B Subclass, the amount actually distributed to such Class B Subclass pursuant to Paragraphs eighth and ninth, eleventh and twelfth, fourteenth and fifteenth, seventeenth and eighteenth or twentieth and twenty-first of Section 4.01(a)(i).
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Interest Distributions. ON On each Distribution Date and after payment of OFFERED CERTIFICATES AND THE fees and reimbursements to the Servicer and CLASS B-4 CERTIFICATES: the Trustee, interest distributions from the Interest Remittance Amount will be allocated as follows:
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Interest Distributions on On each Distribution Date and after payments Offered Certificates: of servicing and trustee fees and other expenses, interest distributions from the Interest Remittance Amount will be allocated as follows:
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Examples of Interest Distributions in a sentence

  • Amounts appearing as Interest Distributions represent payments of Prepayment Charges.

  • Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- -------- ----- Beginning Certificates Balance 0.00 0.00 0.00 0.00 Interest Distributions 0.00 0.00 0.00 0.00 Principal Deposits - Prin.

  • Dated: _______________ Signature by or on behalf of Assignee DISTRIBUTION INSTRUCTIONS Assignee should include the following for purposes of distribution of any proceeds of a Participation Interest: Distributions shall, if permitted, be made by wire transfer or otherwise, in immediately available funds, to for the account of .

  • Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 0.00 0.00 0.00 0.00 Interest Distributions 0.00 0.00 0.00 0.00 Principal Deposits - Prin.

  • Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- -------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 2,616,445.04 272,688.33 331,586.28 3,220,719.64 Principal Deposits - Prin.

  • Definitions Related to Interest Distributions Accrued Note Interest.

  • Certificates Issuable in Series and Classes; General Provisions with Respect to Principal and Interest Distributions.

  • Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- -------- ----- Beginning Certificates Balance 0.00 0.00 0.00 0.00 Interest Distributions 0.00 0.00 0.00 0.00 Interest Deposits - Interest Funding Account 0.00 0.00 0.00 0.00 Interest Funding Account Distributions 0.00 0.00 0.00 0.00 Principal Deposits - Prin.

  • Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- -------- ----- Beginning Certificates Balance 584,500,000.00 52,500,000.00 63,000,000.00 700,000,000.00 Interest Distributions 1,957,752.88 182,379.40 225,015.28 2,365,147.56 Principal Deposits - Prin.

  • Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- -------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 2,958,307.92 303,467.11 367,164.97 3,628,940.00 Principal Deposits - Prin.


More Definitions of Interest Distributions

Interest Distributions has the meaning ascribed thereto in the recitals of this Agreement.
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Interest Distributions. Each Class of certificates (other than the Class X certificates) will be entitled on each distribution date to interest accrued at its pass-through rate on the outstanding certificate balance of such Class during the prior calendar month. The Class X certificates will be entitled on each distribution date to the aggregate interest accrued on its notional amount during the prior calendar month. CHASE SECURITIES INC. XXXXXXX XXXXX XXXXXX Book Running Manager THE INFORMATION HEREIN WILL BE SUPERSEDED IN ITS ENTIRETY BY THE INFORMATION CONTAINED IN THE FINAL PROSPECTUS SUPPLEMENT AND PROSPECTUS. THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A DISCLAIMER, PLEASE CONTACT YOUR SALES REPRESENTATIVE. [CHASE LOGO] ------------------------------------------------------------------------------- THE RIGHT RELATIONSHIP IS EVERYTHING.(Registered) Structural Characteristics (continued)
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Interest Distributions means all cash, securities or other property distributed in connection with the Collateral Debt Obligations, including without limitation distributions in respect of interest, fees (including commitment fees), costs and expenses (other than payments of (x) principal, (y) Purchased Accrued Interest and (z) up front fees included in the calculation of the Gross Purchase Price with respect to any Collateral Debt Obligation). Issuer Documentation means, collectively, the documentation related to the offering, placement, issuance or sale of any of the Offered Securities (including any indenture). LIBOR means, for each Accrual Period, the offered rate, as determined by Xxxxxxx Xxxxx, for dollar deposits in Europe of one month that appears on Telerate Page 3750 (or such other page as may replace such Telerate Page 3750 for the purpose of displaying comparable rates) as of 11:00 a.m. (New York time) on the date two Banking Days prior to the first day of such Accrual Period.
Sample 1
Interest Distributions on On each Distribution Date and after Offered Certificates: payments of servicing and trustee fees and other expenses, including any Net Swap Payments and any Swap Termination Payment owed to the Swap Counterparty, interest distributions from the Interest Remittance Amount will be allocated as follows:
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Interest Distributions. ON On each Distribution Date, interest OFFERED CERTIFICATES: distributions from the Interest Remittance Amount will be allocated as follows:
Sample 1

Related to Interest Distributions

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Class Interest Distribution Amount As to each RCR Class and each Distribution Date, an amount equal to interest accrued during the related Interest Accrual Period (computed on the basis of a 360-day year consisting of twelve 30-day months) at the applicable Interest Rate on the Class Balance thereof immediately prior to such Distribution Date.

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • Class A Interest Distribution Amount means, as to each Class of Class A Certificates and any Remittance Date, the sum of the amounts specified in clause (a)(i), (a)(ii), (a)(iii), (a)(iv), (a)(v) and (a)(vi), as appropriate, of the definition of the term "Class A Formula Distribution Amount" and the Unpaid Class A Interest Shortfall, if any, with respect to such Class.

  • Certificate Interest Distributable Amount means, with respect to any Payment Date, the sum of the Certificate Monthly Interest Distributable Amount for such Payment Date and the Certificate Interest Carryover Shortfall for such Payment Date.

  • Class Optimal Interest Distribution Amount With respect to any Distribution Date and interest-bearing Class, the sum of (i) one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class, on the related Class Certificate Balance or Notional Amount, as applicable, immediately prior to such Distribution Date, subject to reduction pursuant to Section 4.02(d), and (ii) any Class Unpaid Interest Amounts for such Class.

  • Excess Interest Distribution Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Class S – Excess Interest Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the Excess Interest Certificates. The Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Current Class B Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class B Certificates pursuant to Paragraphs fifth, eighth, eleventh, fourteenth, seventeenth and twentieth of Section 4.01(a) on such Distribution Date.

  • Current Class A Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph first of Section 4.01(a) on such Distribution Date.

  • Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Class B Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class B Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class B Rate or, in the case of the first Payment Date, on the Class B Initial Principal Balance.

  • Class A Interest Distributable Amount means, with respect to any Distribution Date and each class of Class A Notes, an amount equal to the sum of: (i) the aggregate amount of interest accrued on the Class A Notes at the related Note Rate from and including the preceding Distribution Date (or, in the case of the initial Distribution Date, from and including the Closing Date) to but excluding the current Distribution Date plus (ii) the related Class A Interest Carryover Shortfall for the current Distribution Date.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • Monthly Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, other than the Class P, Class R and Class C Certificates, an amount equal to the amount of interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Class Principal Amount of such Class of Certificates immediately prior to such Distribution Date, in each case, reduced by any Net Prepayment Interest Shortfalls allocated to such Class of Certificates and any Relief Act Interest Shortfalls allocated to such Class of Certificates, in each such case, as such shortfalls are allocated pursuant to Section 1.02 herein.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.

  • Class C Distribution Amount With respect to any Distribution Date, the sum of (i) the Current Interest for the Class C Interest for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however, that, on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralization Amount.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • Note Class Interest Distributable Amount With respect to any class of Notes and any Distribution Date, the product of (i) the outstanding principal balance of such class of Notes as of the close of the preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance of such class of Notes on the Closing Date) and (ii) (a) in the case of the Notes, other than the Class A-1 Notes, one-twelfth of the Interest Rate for such class (or, in the case of the first Distribution Date, the Interest Rate for such class multiplied by a fraction, the numerator of which is 15 and the denominator of which is 360) and (b) in the case of the Class A-1 Notes, the product of the Interest Rate for such class of Notes for such Distribution Date and a fraction, the numerator of which is the number of days elapsed from and including the prior Distribution Date (or, in the case of the first Distribution Date, from and including the Closing Date), to but excluding that Distribution Date and the denominator of which is 360. Note Depository: The depository from time to time selected by the Indenture Trustee on behalf of the Issuing Entity in whose name the Notes are registered prior to the issue of Definitive Notes. The first Note Depository shall be Cede & Co., the nominee of the initial Clearing Agency.

  • Accrued Certificate Interest Distribution Amount With respect to any Distribution Date for each Class of LIBOR Certificates, the amount of interest accrued during the related Interest Accrual Period at the applicable Pass-Through Rate on the related Class Certificate Balance immediately prior to such Distribution Date, as reduced by such Class's share of Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls for such Distribution Date allocated to such Class pursuant to Section 4.02.

  • REMIC II Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the REMIC II Regular Interests; and

  • REMIC III Distribution Amount The REMIC III Available Distribution Amount for any Distribution Date shall be distributed to the Certificates and the Class R-3 Residual Interest in the following amounts and priority:

  • Senior Interest Distribution Amount With respect to any Distribution Date, an amount equal to the sum of (i) the Interest Distribution Amount for such Distribution Date for the Class A Certificates and (ii) the Interest Carry Forward Amount, if any, for such Distribution Date for the Class A Certificates.