Purchased Accrued Interest means, with respect to any Due Period, all payments of interest and proceeds of sale received and other Principal Proceeds received during such Due Period in relation to any Collateral Debt Obligation, in each case, to the extent that such amounts represent accrued interest in respect of such Collateral Debt Obligation (including, in respect of a Mezzanine Obligation, any accrued interest which, as at the time of purchase, had been capitalised and added to the principal amount of such Mezzanine Obligation in accordance with its terms), which was purchased at the time of acquisition thereof with Principal Proceeds and/or amounts paid out of the Unused Proceeds Account.

Purchased Accrued Interest means, with respect to any Due Period, all payments of interest and proceeds of sale received during such Due Period in relation to any Collateral Debt Obligation, in each case, to the extent that such amounts represent accrued interest in respect of such Collateral Debt Obligation (including, in respect of a Mezzanine Obligation, any accrued interest which, as at the time of purchase had been capitalised and added to the principal amount of such Mezzanine Obligation in accordance with its terms), which was purchased at the time of acquisition thereof with Principal Proceeds, for the avoidance of doubt, excluding any such accrued interest that is paid for out of the subscription proceeds of the Notes on the Issue Date or is owed to the Initial Purchaser as part of the Financed Amount (provided that any such accrued interest, in respect of a Mezzanine Obligation, which had been capitalised and added to the principal amount of such Mezzanine Obligation in accordance with its terms as at the Issue Date and, provided further that, to the extent such Mezzanine Obligation is a Non-Euro Obligation, the outstanding notional amount of any Asset Swap Transaction entered into in respect thereof includes such capitalised accrued interest, such accrued interest shall not be excluded), details of which are notified to the Issuer, the Initial Purchaser and the Collateral Administrator by the Investment Manager on or prior to the Issue Date.

Purchased Accrued Interest means, with respect to any Payment Date, all payments of interest received or amounts collected that are attributable to interest received during the related Due Period on the Collateral Debt Obligations and Eligible Investments to the extent such payments or amounts constitute accrued interest purchased with Collateral Principal Collections.

Examples of Purchased Accrued Interest in a sentence

Notwithstanding the foregoing, the Principal Balance of each Collateral Debt Obligation will include any applicable Purchased Accrued Interest unless the Principal Balance is deemed to be zero as set forth above.
Purchased Accrued Interest to the extent not realised or accounted for in (b) above.
Purchased Accrued Interest to the extent not realised or accounted for in paragraph (b) above.
Commencing on the first Payment Date following the Refinancing Date, interest that is otherwise due and payable on the Class B-2-R Notes shall also include the full amount of the Class B-2-R Purchased Accrued Interest Amount, if any, until paid in full.
Notwithstanding the foregoing, the Principal Balance of each Collateral Obligation will include any applicable Purchased Accrued Interest unless the Principal Balance is deemed to be zero as set forth above.

More Definitions of Purchased Accrued Interest

Purchased Accrued Interest means, with respect to any Transaction as to which the related Reference Obligation is a Bond, unpaid interest on such Reference Obligation accrued to the Obligation Settlement Date for such Transaction.

Purchased Accrued Interest means all payments of interest received, or amounts collected that are attributable to interest received on Collateral Interests and Eligible Investments, to the extent such payments or amounts constitute accrued interest purchased with Collateral Principal Collections except for interest accrued on Collateral Interests prior to the Closing Date.

Purchased Accrued Interest means, with respect to any Due Period, all payments of interest and proceeds of sale received during such Due Period in relation to any Underlying Asset, in each case, to the extent that such amounts represent accrued interest in respect of such Underlying Asset (including any accrued interest which, as at the time of purchase had been capitalised and added to the principal amount of such Underlying Asset in accordance with its terms), which was purchased at the time of acquisition thereof with Principal Proceeds but, for the avoidance of doubt, excluding any such accrued interest that is paid for out of the subscription proceeds of the Notes on the Issue Date;

Purchased Accrued Interest means with respect to any Payment Period, all payments of interest received during such Payment Period on the Portfolio Collateral to the extent such payments constitute proceeds from accrued interest purchased with Principal Proceeds.

Purchased Accrued Interest means, determined with respect to each Collateral Debt Security at any time constituting part of the Warehouse Portfolio, the aggregate amount of interest accrued on such Collateral Debt Security, plus, if such Collateral Debt Security is a Delayed Drawdown Security, the aggregate amount of commitment fee (if any) accrued on the Unfunded Amount thereof, in accordance with its terms to the extent accrued with respect to the period prior to the settlement date for the purchase of such Collateral Debt Security by the Borrower and included in the Gross Purchase Price therefor.