Supplemental Interest Account definition

Supplemental Interest Account. As defined in Section 4.07 hereof.

Supplemental Interest Account. An account established by the Trustee pursuant to Section 4.04 and is otherwise acceptable to the Servicer.

Supplemental Interest Account means each account designated as such, established and maintained pursuant to Section 2.3(k) of the Administration Agreement.

Examples of Supplemental Interest Account in a sentence

• Confirmation of notification must be provided to the MMO within five days.(8) A notice to mariners must be issued at least ten days prior to the commencement of the licensed activities or any part of them advising of the start date of Work No. 1 (wind turbinegenerators or other offshore construction activities including array cables) and the expected vessel routes from the construction ports to the relevant location.

• The Swap Counterparty Payment deposited in the Supplemental Interest Account by the Swap Counterparty will be distributed to the holders of the Class A1 Certificates on each Distribution Date as described under “Description of the Certificates—Allocation of Available Funds—Interest Distributions on the LIBOR Certificates”.

• Reductions in the Subgroup 1 Interest Remittance Amount will be applied to the Class A1 Certificates and the Supplemental Interest Account for payment to the Swap Counterparty, pro rata, based on amounts due.

• Reductions in the Subgroup 1 Interest Remittance Amount will be applied to the Class A1 Certificates, Class A1A Certificates and the Supplemental Interest Account, for payment to the Swap Counterparty, pro rata, based on amounts due.

More Definitions of Supplemental Interest Account

Supplemental Interest Account. The trust account created pursuant to Section 4.06 of this Agreement consisting of the Cap Agreement, the Interest Rate Swap Agreement, the Class IO Interest and the right to receive Class IO Shortfalls, subject to the obligation to pay amounts specified in Section 4.06.

Supplemental Interest Account. As defined in the Series Supplement.

Supplemental Interest Account. As defined in Section 4.08 hereof. The Supplemental Interest Account will not be an asset of any REMIC.

Supplemental Interest Account. The reserve fund established and ----------------------------- maintained pursuant to Section 4.04.

Supplemental Interest Account means each account designated as such, established and maintained pursuant to Section 2.3A.5 of the Administration Agreement.

Supplemental Interest Account means an Account established within the Debt Service Fund and further described in Section 4.06(d) hereof, including any subaccounts created therein.

Supplemental Interest Account. The separate account created pursuant to Section 4.07 of this Agreement consisting of the Group I Interest Rate Swap Agreement, the Class I-IO Interest and the right to receive Class I-IO Shortfalls, subject to the obligation to pay amounts specified in Section 4.07. The Account is created and maintained by the Trustee for the benefit of the Certificateholders and designated "Deutsche Bank National Trust Company in the name of registered holders of BCAP LLC Trust 2007-AA2 Mortgage Pass-Through Certificates, Series 2007-AA2."