Calculation of Interest Amounts. Not later than 12:00 noon (New York, New York time) on the second Business Day prior to each Payment Date, the following calculations or determinations with respect to Interest Amounts due on such Payment Date shall be performed or made by the Calculation Agent and provided to the Servicer:
(i) the applicable interest rate on each class of Floating Rate Notes based on LIBOR determined on the Reference Date for the Interest Accrual Period beginning on such Payment Date; and
(ii) the Interest Amount (including any Additional Interest) on each class of Floating Rate Notes and Fixed Rate Notes for such Payment Date.
Calculation of Interest Amounts. Interest in respect of any Perpetual Capital Security shall be calculated per Calculation Amount. The amount of interest payable (subject to Conditions 4.4, 6 and 8) in respect of a Perpetual Capital Security for a relevant period shall be calculated by (i) determining the product of the Calculation Amount, the relevant Interest Rate and the Day-Count Fraction (as described in Condition 5.1) for the relevant period, (ii) rounding the resultant figure to the nearest £0.01 (£0.005 being rounded upwards) and (iii) multiplying that rounded figure by a fraction the numerator of which is the nominal amount of such Perpetual Capital Security and the denominator of which is the Calculation Amount.
Calculation of Interest Amounts. Not later than 12:00 noon (New York, New York time) on the second Business Day prior to each Payment Date or Special Distribution Date, the following calculations or determinations with respect to Interest Amounts due on such Payment Date or Special Distribution Date shall be performed or made by the Calculation Agent:
(i) the applicable interest rate on each class of Floating Rate Notes based on LIBOR determined on the Reference Date for the Interest Accrual Period beginning on such Payment Date;
(ii) the Interest Amount (including any Additional Interest and Supplemental Interest) on each class of Floating Rate Notes for such Payment Date; and
(iii) the Interest Amount (including any Additional Interest and Supplemental Interest) on each class of Fixed Rate Notes for such Payment Date or Special Distribution Date.
Calculation of Interest Amounts. Not later than five Business Days prior to each Payment Date, the following calculations or determinations with respect to Interest Amounts due on such Payment Date shall be performed or made and, if calculated or determined by a Person other than the Administrative Agent, provided to the Administrative Agent:
(i) the Reference Agent shall calculate the applicable interest rate on each subclass of MSAF Group Floating Rate Notes based on LIBOR determined on the Reference Date for the relevant Interest Accrual Period;
(ii) the Administrative Agent shall calculate the Interest Amount in respect of each subclass of MSAF Group Floating Rate Notes on such Payment Date;
(iii) the Administrative Agent shall calculate the amount of Step-Up Interest (including Step-Up Interest on any accrued and unpaid Step-Up Interest), if any, in respect of each subclass of MSAF Group Notes entitled to such Step-Up Interest on such Payment Date; and
(iv) the Administrative Agent shall calculate the Interest Amount in respect of each subclass of MSAF Group Fixed Rate Notes on such Payment Date.
Calculation of Interest Amounts. Not later than five Business Days prior to each Payment Date, the following calculations or determinations with respect to Interest Amounts due on such Payment Date shall be performed or made and, if calculated or determined by a Person other than the Cash Manager, provided to the Cash Manager:
(i) the Reference Agent shall calculate the applicable interest rate on each subclass of AerCo Group Floating Rate Notes based on LIBOR determined on the Reference Date for the relevant Interest Accrual Period;
(ii) the Cash Manager shall calculate the Interest Amount in respect of each subclass of AerCo Group Floating Rate Notes on such Payment Date;
(iii) the Cash Manager shall calculate the amount of Step-Up Interest (including Step-Up Interest on any accrued and unpaid Step-Up Interest), if any, in respect of each subclass of AerCo Group Notes entitled to such Step-Up Interest on such Payment Date;
(iv) the Cash Manager shall calculate the Interest Amount in respect of each subclass of AerCo Group Fixed Rate Notes on such Payment Date; and
(v) the Cash Manager shall calculate the Class E Note Primary Interest Amount and the Class E Note Accrued Interest Amount.
Calculation of Interest Amounts. On or as soon as practicable following the first Business Day (or in the case of a Base Rate Swap, the last Business Day) of each Calculation Period the Calculation Agent will determine the amount payable by each party in respect of that Calculation Period on the Payment Date falling at the end of (or in the case of a Base Rate Swap, next following) that Calculation Period (each a "Payment") in accordance with the following formulae; Counterparty Payment = Notional Amount x Fixed Rate x Day Count Fraction Bank Payment = Notional Amount x Floating Rate x Day Count Fraction
Calculation of Interest Amounts. The Cash Manager shall, not later than four Business Days prior to each Payment Date, make the following calculations or determinations with respect to Interest Amounts due on such Payment Date:
(i) based on Relevant Information provided to it by the Reference Agent, the applicable interest rate on each subclass of Floating Rate Notes based on LIBOR determined on the Reference Date for the relevant Interest Accrual Period;
(ii) the Interest Amount in respect of each class or subclass of Floating Rate Notes on such Payment Date;
(iii) the Interest Amount in respect of each class or subclass of Fixed Rate Notes on such Payment Date;
(iv) the Policy Premium due and owing to the Policy Provider on such Payment Date; and
(v) any interest due and owing to the Policy Provider on, or interest amounts that constitute, Policy Provider Obligations.
