Accrued Expense Amount means, for each Business Day during an Accrual Period, the sum of (i) the Daily Interest Deposit for such Business Day, (ii) the Daily Commitment Fee Deposit for such Business Day, (iii) the Daily Utilization Fee Deposit for such Business Day, (iv) the Daily Servicing Fee Deposit for such Business Day and (v) all Program Costs which have accrued since the preceding Business Day.
Examples of Accrued Expense Amount in a sentence
Any remaining amount on deposit in the Series 1993-2 Non-Principal Collection Sub-subaccount (in excess of the Accrued Expense Amount as of such day) not allocated pursuant to clauses (i) and (ii) above shall be paid to the holder of the Series 1993-2 Subordinated Interest; provided, however, that during the Series 1993-2 Amortization Period, such remaining amounts shall be deposited in the Series 1993-2 Principal Collection Sub-subaccount for distribution in accordance with subsection 3.05(c).
Any remaining amounts on deposit in the Series 1998-1 Non-Principal Collection Sub-subaccount (in excess of the Accrued Expense Amount as of such day) not allocated pursuant to clauses (i) through (v) above shall be paid to the owner of the Series 1998-1 Subordinated Interest; PROVIDED, HOWEVER, that during the Series 1998-1 Amortization Period, such remaining amounts shall be deposited in the Series 1998-1 Principal Collection Sub-subaccount for distribution in accordance with subsection 3A.6(c).
And in step 3 the taxa were selected based on how well they improved the cross validated prediction of IEI.
If the Accrued Expense Amount exceeds the Deferred Revenue Amount, the Buyer shall deliver a check to the Seller in the amount of such excess within five business days of receipt of such schedule.
Any remaining amount on deposit in the Series 1997-1 Non-Principal Collection Sub-subaccount (in excess of the Accrued Expense Amount as of such day) not allocated pursuant to clauses (i) and (ii) above shall be paid to the holder of the Series 1997-1 Subordinated Interest; provided, however, that during the Series 1997-1 Amortization Period, such remaining amounts shall be deposited in the Series 1997-1 Principal Collection Sub-subaccount for distribution in accordance with subsection 3A.06(c).
More Definitions of Accrued Expense Amount
Accrued Expense Amount means, for each Business Day during an Accrual Period, the sum of (i) the Daily Interest Deposit for such Business Day, (ii) (A) if such Business Day is prior to the 20th day of such Accrual Period, 1/10 of each of the Series 1997-1 Monthly Servicing Fee and the portion of each of the Issuer Usage Fees, the Liquidity Usage Fees, the Liquidity Non-Usage Fees, the Issuer Administrative Fees, the Alternate Fees and the Surety Bond Fees to be paid on the next succeeding Settlement Date (up to but not exceeding, in each case, the full amount thereof), assuming that the aggregate Face Amount of Issuer CP on each day is the same as the aggregate Face Amount of Issuer CP on the first day of such Accrual Period or (B) if such Business Day is on or after the 20th day of such Accrual Period and if the Issuer notifies the Master Servicer and the Trustee on such Business Day that Aggregate Daily Collections previously transferred to the Series 1997-1 Non-Principal Collection Sub-account are insufficient to pay the Series 1997-1 Monthly Servicing Fee and the portion of each of the Issuer Usage Fees, the Liquidity Usage Fees, the Liquidity Non-Usage Fees, the Issuer Administrative Fees, the Alternate Fees and the Surety Bond Fees to be paid on the next succeeding Settlement Date, an amount reasonably expected by the Issuer to be equal to such insufficiency, which amount shall be specified in such notice to the Master Servicer and the Trustee, and (iii) the Program Costs for such Business Day.
Accrued Expense Amount means, for each Business Day during an Accrual ---------------------- Period, the sum of (i) the portion of the Monthly Interest Amount allocable to such Business Day, (ii) one-fifth of the Servicing Fee due on the succeeding Payment Date (in the aggregate up to such Servicing Fee), (iii) the Program Fee for such Business Day, (iv) the portion of the Monthly Trustee Fee and Transition Costs allocable to such Business Day and (v) the Commitment Fee for such Business Day; provided, however, that if by the fifth Business Day of an Accrual Period, the -------- ------- entire amount of (A) the Monthly Interest Amount, (B) the Servicing Fee, (C) the Program Fee, (D) the Monthly Trustee Fee and Transitions Cost and (E) the Commitment Fee, in each case for such Accrual Period, shall not have been transferred to the Series 1999-1 Non-Principal Collection Sub-subaccount, the Accrued Expense Amount for such Business Day (and each Business Day thereafter until paid) shall also include the amount of such shortfall. "Acquiring Series 1999-1 Certificateholder" shall have the meaning assigned ----------------------------------------- in Section 8.9(c) of this Supplement. --------------
Accrued Expense Amount means, for each Business Day during an Accrual Period, the sum of (a) the Series 1994-2 Daily Interest Expense determined as of such Business Day, (b) in the case of each of the first ten Business Days in the Accrual Period, one-tenth of the Series 1994-2 Monthly Servicing Fee (up to the amount thereof due and payable on the succeeding Payment Date, and (c) all Program Costs that have accrued since the preceding Business Day.
Accrued Expense Amount means, for each Business Day, (i) 1/10 of the Series 1998-1 Monthly Interest Amount as most recently computed or recomputed for each Eurodollar Tranche outstanding and for the Unallocated Balance up to but not exceeding the full amount thereof plus (A) if such Business Day is prior to the 20th day of an Accrual Period, 1/10 of each of the Series 1998-1 Monthly Servicing Fee and the portion of the Non-Usage Fees to be paid on the next succeeding Settlement Date (in each case, up to but not exceeding the full amount thereof) or (B) if such Business Day is on or after the 20th day of an Accrual Period or within ten (10) days of any Funding Period Settlement Date and if the Agent notifies the Master Servicer and the Trustee on such Business Day that Aggregate Daily Collections previously transferred to the Series 1998-1 Non-Principal Collection Sub-account are insufficient to pay the Series 1998-1 Monthly Interest Amount, the Series 1998-1 Monthly Servicing Fee and the portion of the Non-Usage Fees to be paid on the next succeeding Settlement Date or Funding Period Settlement Date, as applicable, an amount reasonably expected by the Agent to be equal to such insufficiency, which amount shall be specified in such notice to the Master Servicer and the Trustee and (ii) the Program Costs for such Business Day.
Accrued Expense Amount means, for each Business Day during an Accrual Period, the sum of (a) for Eurodollar Tranches, in the case of each of the first ten Business Days in the Accrual Period, one-tenth of the Series 1999-A Monthly Interest determined as of such Business Day, (b) in the case of each of the first ten Business Days in the Accrual Period, one-tenth of the Commitment Fee payable to the VFC Certificate holders on the next succeeding Distribution Date, (c) in the case of each of the first ten Business Days in the Accrual Period, one-tenth of the Series 1999-A Monthly Servicing Fee (in the case of each of the foregoing clauses (a) through (c), up to the amount thereof due and payable on such next succeeding Distribution Date, but subject to Accrued Expense Adjustments as provided in subsection 3A.03(a)(i)), (d) the aggregate amount of all previously accrued, unpaid and unallocated Series 1999-A Monthly Interest for prior Distribution Dates, (e) the aggregate amount of all accrued, unpaid and unallocated Additional Interest and (f) all Program Costs that have accrued since the preceding Business Day.
Accrued Expense Amount means, for each Business Day during an Accrual Period, the sum of (i) the Daily Interest Deposit for such Business Day, (ii) the Daily Commitment Fee Deposit for such Business Day, (iii) the Daily Facility Fee Deposit for such Business Day, (iv) the Daily Servicing Fee Deposit for such Business Day, (v) any fees or other amounts due in connection with the purchase of the Required Currency Hedge and (vi) all Program Costs which have accrued since the preceding Business Day.
Accrued Expense Amount means, for each Business Day during an Accrual Period, the sum of (a) the Series 1997-1 Supplement 3 Series 1997-1 Daily Interest Expense determined as of such Business Day, (b) in the case of each of the first ten Business Days in the Accrual Period, one-tenth of the Series 1997-1 Monthly Servicing Fee (up to the amount thereof due and payable on the succeeding Distribution Date, but subject to Accrued Expense Adjustments as provided in subsection 3A.03(b)(i)) and (c) all Program Costs that have accrued since the preceding Business Day.