Common use of Interest Payment Clause in Contracts

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020-5) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020-5) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020-5) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2009-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2009-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2009-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2011-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2011-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2011-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2008-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2008-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2008-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2009-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2009-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2009-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020-54) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020-54) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020-54) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2011-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2011-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2011-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2013-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2013-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2013-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2012-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2012-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2012-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2017-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2017-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2017-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2011-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2011-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2011-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2010-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2010-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2010-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2007-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2007-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2007-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020A(2013-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020A(2013-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C A Tranche Interest Allocation Shortfall for such Class C(2020A(2013-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2014-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2014-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2014-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020B(2011-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020B(2011-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C B Tranche Interest Allocation Shortfall for such Class C(2020B(2011-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020A(2011-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020A(2011-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C A Tranche Interest Allocation Shortfall for such Class C(2020A(2011-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2016-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2016-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2016-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2014-53) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2014-53) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2014-53) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2007-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2007-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2007-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2012-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2012-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2012-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020B(2012-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020B(2012-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C B Tranche Interest Allocation Shortfall for such Class C(2020B(2012-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020C(2014-52) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020C(2014-52) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020C(2014-52) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.

Interest Payment. For each Interest Payment Date, the amount of interest due with respect to the Class C(2020-51) Notes shall be an amount equal to (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360, times (B) the Note Interest Rate in effect with respect to such related Interest Accrual Period, times (ii) the Outstanding Dollar Principal Amount of the Class C(2020-51) Notes determined as of the first date of such related Interest Accrual Period, plus any Class C Tranche Interest Allocation Shortfall for such Class C(2020-51) Notes for the immediately preceding Distribution Date, together with interest thereon at the Note Interest Rate in effect with respect to such related Interest Accrual Period, calculated on the basis of the actual number of days in the related Interest Accrual Period and a 360-day year.