Accrued Interest Amount definition

Accrued Interest Amount. For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Revolving Loans payable hereunder.

Accrued Interest Amount means with respect to a Fixed Amount Adjustment Payment and the related Deferral Period, an amount calculated by the Buyer in good faith and in a commercially reasonable manner equal to the product of (a) such Fixed Amount Adjustment Payment, (b) the Deferral Rate and (c) the quotient of the actual number of days in such Deferral Period (as numerator) and 360 (as denominator).

Examples of Accrued Interest Amount in a sentence

• Accrued Interest Amount Accrued interest amount accrued on the repurchase agreement contract.

• In respect of the 2021 Notes, the Accrued Interest Amount will be the interest accrued and unpaid from (and including) August 10, 2020 up to (but excluding) the Settlement Date in accordance with the Notes Conditions for the 2021 Notes.

• Transfer into the Tranche C USD Company Account (as defined in the Cash Account Management Agreement) the Monthly Tranche C Accrued Interest Amount (as defined in the Cash Account Management Agreement) and into the Tax Reserve Account an amount equal to the associated taxes payable in relation to the payment of the Monthly Tranche C Accrued Interest Amount (if any).

• To address this, a portion of the Loan Accrued Interest Amount, the ("Loan Accrued Interest Amount Deduction") will be set aside to meet: (a) any shortfall in the amounts due to the Interest Rate Swap Provider and other expenses; and (b) any interest shortfall on the Notes, arising only from the Accrual Mismatch during the first Interest Period.

• This Security Agreement secures the payment and performance of all obligations of the Debtor to the Secured Party under (x) the Debenture, whether now existing or hereafter arising and whether for principal, interest, costs, fees or otherwise, and (y) Section 1.7 of the Securities Purchase Agreement with respect to the Remaining Combined Accrued Interest Amount (collectively, the “Obligations”).

More Definitions of Accrued Interest Amount

Accrued Interest Amount means with respect to a Deferral Period, the amount of interest which would accrue on the Fixed Amount Adjustment Payment at the Deferral Rate during such Deferral Period.

Accrued Interest Amount. For any Distribution Date and an Undercollateralized Group, the sum of (x) the product of (A) the applicable Principal Deficiency Amount and (B) the weighted average Pass-Through Rate for the related Senior Certificates for that Distribution Date, accrued during the related Interest Accrual Period and (y) any such unpaid interest amounts from prior Distribution Dates.

Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Loans payable hereunder pursuant to Section 2.5 or 2.6 as applicable.

Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Loans payable hereunder, assuming for this purpose that the Cost of Funds Rate for each Class A Revolving Loan funded by a Class A Revolving Conduit Lender for each day since the most recent Interest Payment Date was equal to the rate per annum determined by the Paying Agent at approximately 11:00 a.m., London time, on such day by reference to the British Bankers’ Association Interest Settlement Rate (or any successor thereto) for deposits in dollars for a period of one month (as set forth by the Bloomberg Information Service or any successor thereto or any other service selected by the Paying Agent in its sole discretion) (the “Daily LIBOR Rate”) plus the amount, if any, by which the average of the Cost of Funds Rates for such Class A Revolving Conduit Lender for each day during the three immediately preceding Interest Periods exceeded the average of the Daily LIBOR Rates on each day during such Interest Periods.

Accrued Interest Amount means, in respect of a Note, an amount equal to:

Accrued Interest Amount has the meaning assigned to such term in Section 2.2.

Accrued Interest Amount. Not applicable.