Common use of Interest on Certificates Clause in Contracts

Interest on Certificates. For all purposes of this Agreement, each scheduled payment with respect to a Class B Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling interest accrued at the Stated Interest Rate for the Class B Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class B Equipment Notes.

Interest on Certificates. For all purposes of this Agreement, each scheduled payment with respect to a Class B C-I Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling interest accrued at the Stated Interest Rate for the Class B C-I Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class B C-I Equipment Notes.

Interest on Certificates. For all purposes of this Agreement, each scheduled payment Scheduled Payment with respect to a Class B C Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling interest accrued at the Stated Interest Rate for the Class B C Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class B Series C Equipment Notes.

Interest on Certificates. For all purposes of this Agreement, each scheduled payment with respect to a Class B A Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling interest accrued at the Stated Interest Rate for the Class B A Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class B A Equipment Notes.

Interest on Certificates. For all purposes of this Agreement, each scheduled payment with respect to a Class B C-II Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling interest accrued at the Stated Interest Rate for the Class B C-II Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class B C-II Equipment Notes.

Interest on Certificates. For all purposes of this Agreement, each scheduled payment with respect to a Class B C-II Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling equaling interest accrued at the Stated Interest Rate for the Class B C-II Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class B C-II Equipment Notes.

Interest on Certificates. For all purposes of this Agreement, each scheduled payment Scheduled Payment with respect to a Class B Certificate shall be deemed to be comprised of interest and principal components, with the interest component equalling interest accrued at the Stated Interest Rate for the Class B Certificates from (i) the later of (x) the date of issuance thereof and (y) the most recent but preceding Regular Distribution Date to (ii) the Regular Distribution Date on which such Scheduled Payment is being made, such interest to be considered payable in arrears on such Regular Distribution Date and to be calculated and allocated in the same manner as interest on the Class Series B Equipment Notes.. 14 10