Accrued Euro Collateral Interest Amount definition

Accrued Euro Collateral Interest Amount means, as of any Payment Date, the amount which is equal to the aggregate of all accrued interest under the Collateral Debt Securities in the Portfolio (other than Defaulted Securities) denominated in Euro which is not payable to the Issuer on or prior to the Determination Date in respect of such Payment Date by the Obligors of the relevant Collateral Debt Securities.
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Accrued Euro Collateral Interest Amount means, as of any Payment Date, the amount which is equal to the aggregate of all accrued interest under the Portfolio Collateral (including for the avoidance of doubt, the non-Euro accrued interest of Non-Euro Portfolio Collateral, the subject of an Asset Swap Transaction which shall be converted into Euro at the relevant Asset Swap Transaction Exchange Rate) in the Portfolio (other than Defaulted Loans) denominated in Euro which is not payable to the Issuer on or prior to the Determination Date in respect of such Payment Date by the Obligors of the relevant Portfolio Collateral.
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Accrued Euro Collateral Interest Amount means, as of any Payment Date, the aggregate of (1) the amount which is equal to the aggregate of all accrued interest under the Collateral Debt Securities in the Portfolio denominated in Euro which is not payable to the Issuer on or prior to the Determination Date in respect of such Payment Date by the Obligors of the relevant Collateral Debt Securities, (2) the amount which is equal to the aggregate of all Scheduled Periodic Asset Swap Receipts payable on the next schedule payment date under such Asset Swap under the Asset Swap Securities in the Portfolio (other than Defaulted Securities) which are not payable to the Issuer on or prior to the Determination Date in respect of such Payment Date by the Asset Swap Counterparties under the relevant Asset Swap Transactions, and (3) in respect of such Interest Rate Hedge Agreement, the amount which is equal to any payment to the Issuer on the next succeeding scheduled payment date under such Interest Rate Hedge Agreements that would not be payable on or prior to the Determination Date in respect of such Payment Date but excluding:
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Examples of Accrued Euro Collateral Interest Amount in a sentence

  • The Issuer will be entitled to draw under the Liquidity Facility an amount equal to the lesser of (a) the undrawn amount of the Liquidity Facility; (b) the Accrued Euro Collateral Interest Amount plus the euro equivalent of the Accrued Sterling Collateral Interest Amount and (c) such lesser amount as determined by the Collateral Manager on behalf of the Issuer (such lesser amount, the “Liquidity Limit”).

  • The Issuer shall be entitled to draw Funds under the Liquidity Facilities in Euro, Sterling or US Dollars for the payment of interest on the Notes in accordance with the Priorities of Payment on any Payment Date in an amount up to the aggregate of the Accrued Euro Collateral Interest Amount, the Accrued Sterling Collateral Interest Amount and the Accrued US Dollar Collateral Interest Amount subject to certain limitations as set out in "Description of the Liquidity Facility Agreement".

Related to Accrued Euro Collateral Interest Amount

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • PIK Interest Amount means, in respect of any Interest Payment Date, the amount of interest accrued during an Interest Period calculated based on the PIK Interest Rate applicable during such Interest Period.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Collateral Interest Rate means the rate published in The Wall Street Journal as the “Prime Rate” from time to time (or, if more than one such rate is published, the arithmetic mean of such rates), or, if such rate is no longer published, a successor rate agreed to by Buyer and Seller, in each case determined as of the date the obligation to pay interest arises, but in no event more than the maximum rate permitted by applicable Law in transactions involving entities having the same characteristics as the Parties.

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.