Accrual Amount definition

Accrual Amount. With respect to any Class of Accrual Certificates and any Distribution Date prior to the Accrual Termination Date, the amount allocable to interest on such Class of Accrual Certificates with respect to such Distribution Date pursuant to Section 4.02(a)(ii).

Accrual Amount. Not applicable.

Accrual Amount. As to any Class of Accrual Certificates and each Distribution Date through the Credit Support Depletion Date, the sum of (x) any amount of Accrued Certificate Interest allocable to such Class pursuant to Section 5.02(a)(ii) on such Distribution Date and (y) any Interest Shortfall allocable to such Class pursuant to Section 5.02(a)(iii) on such Distribution Date. As to any Class of Accrual Certificates and each Distribution Date after the Credit Support Depletion Date, zero.

Examples of Accrual Amount in a sentence

• Available Funds applied on any Distribution Date to pay the Interest Distribution Amount with respect to any Class of Non-Retained Principal Balance Certificates for such Distribution Date shall be applied first to pay the Current Interest Accrual Amount with respect to such Class of Certificates for such Distribution Date and then to pay any Class Interest Shortfall in respect of the immediately preceding Distribution Date for such Class of Certificates.

• Allocation of PaymentsOn each Payment Date, we pay the Accrual Amount and the Asset Principal Amount for that Payment Date as described under Terms Sheet Ì Principal.

• Available Funds applied on any Distribution Date to pay the Interest Distribution Amount with respect to any Class of Regular Certificates for such Distribution Date shall be applied first to pay the Current Interest Accrual Amount with respect to such Class of Certificates for such Distribution Date and then to pay any Class Interest Shortfall in respect of the immediately preceding Distribution Date for such Class of Certificates.

• The interest portion of Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses shall be allocated between (i) the Class A Certificates and (ii) the Class B Certificates, pro rata based on the Class A Interest Accrual Amount and the Class B Interest Accrual Amount for the related Distribution Date, without regard to any reduction pursuant to this sentence.

• Available Funds applied on any Distribution Date to pay the Interest Distribution Amount with respect to any Class of Non-Retained Regular Certificates for such Distribution Date shall be applied first to pay the Current Interest Accrual Amount with respect to such Class of Certificates for such Distribution Date and then to pay any Class Interest Shortfall in respect of the immediately preceding Distribution Date for such Class of Certificates.

More Definitions of Accrual Amount

Accrual Amount. For each Distribution Date through the Accretion Termination Date and the Accrual Certificates, an amount equal to the sum of (a) Accrued Certificate Interest in respect of the Accrual Certificates in accordance with clause (i) of Section 4.2(a), and (b) amounts allocable to the Accrual Certificates in accordance with clause (ii) of Section 4.2(a), in each case on such Distribution Date.

Accrual Amount. With respect to any Class of Accrual Certificates or any Accrual Component and any Distribution Date, the amount allocable to interest on such Class of Accrual Certificates or Accrual Component with respect to such Distribution Date pursuant to Section 5.02(a)(1)(iii), 5.02(a)(2)(iii), 5.02(a)(3)(iii) or 5.02(a)(4)(iii), as applicable.

Accrual Amount. As to any Class of Accrual Certificates and any Accrual Component and each Distribution Date through the related Accretion Termination Date, the sum of (x) any amount of Accrued Certificate Interest allocable to such Class or Component pursuant to Section 4.01(a)(i) on such Distribution Date and (y) any amount of Unpaid Class Interest Shortfall allocable to such Class or Component pursuant to Section 4.01(a)(ii) on such Distribution Date, to the extent that such amounts are distributed to any Accretion Directed Certificates and any Accretion Directed Components pursuant to Section 4.01(e). As to any Class of Accrual Certificates and any Accrual Component and each Distribution Date after the related Accretion Termination Date, zero.

Accrual Amount. As to any Class of Accrual Certificates and each Distribution Date through the Accretion Termination Date, the sum of amounts allocable to such Class pursuant to Section 5.02 (a)(i) and (ii) on such Distribution Date. As to any Class of Accrual Certificates and each Distribution Date after the Accretion Termination Date, zero.

Accrual Amount means with respect to any share of Series B Convertible Preferred Stock on any date the amount of all accrued but unpaid dividends on such share from the Issuance Date to the date of determination.

Accrual Amount. The Class A-2 Accrual Amount, Class A-3 Accrual Amount, Class A-1-1 Accrual Amount, Class A-1-2 Accrual Amount or Class A-1-3 Accrual Amount, as applicable.

Accrual Amount means with respect to any share of Series A Convertible Preferred Stock on any date the amount of all accrued but unpaid dividends on such share from the Issuance Date to the date of determination.