Accrued Interest Amount definition

Accrued Interest Amount. For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Revolving Loans payable hereunder.

Accrued Interest Amount means with respect to a Fixed Amount Adjustment Payment and the related Deferral Period, an amount calculated by the Buyer in good faith and in a commercially reasonable manner equal to the product of (a) such Fixed Amount Adjustment Payment, (b) the Deferral Rate and (c) the quotient of the actual number of days in such Deferral Period (as numerator) and 360 (as denominator).

Examples of Accrued Interest Amount in a sentence

• Accrued Interest Amount Accrued interest amount accrued on the repurchase agreement contract.

• The Redemption Price will be delivered and paid to the Holder of a Callable STRIDES on the Redemption Date; provided, however, that in the event that the Redemption Date falls after a Regular Record Date for the payment of interest on the Callable STRIDES but prior to the next succeeding scheduled Interest Payment Date, the portion of the Redemption Price equal to the Accrued Interest Amount will be paid to the Holder of the Callable STRIDES as of such Regular Record Date.

• Upon the occurrence and continuation of an Event of Default under the Debenture or the failure to pay to Secured Party the Remaining Combined Accrued Interest Amount no later than the Maturity Date of the Debenture, the Secured Party may declare all obligations secured hereby immediately due and payable and may exercise the remedies of a secured party under the Uniform Commercial Code.

• This Security Agreement secures the payment and performance of all obligations of the Debtor to the Secured Party under (x) the Debenture, whether now existing or hereafter arising and whether for principal, interest, costs, fees or otherwise, and (y) Section 1.7 of the Securities Purchase Agreement with respect to the Remaining Combined Accrued Interest Amount (collectively, the “Obligations”).

• Effective upon the Lender’s receipt of the 2018 Payment Date Conversion Shares, Lender hereby agrees that (i) the 2018 Payment Date Conversion Shares are issued in full discharge and satisfaction of the 2018 Payment Amount and the Accrued Interest Amount; and (ii) upon Lender’s receipt of the 2018 Payment Date Conversion Shares, the Borrower shall have no continuing obligation to pay to Lender the 2018 Payment Amount or the Accrued Interest Amount.

More Definitions of Accrued Interest Amount

Accrued Interest Amount means with respect to a Deferral Period, the amount of interest which would accrue on the Fixed Amount Adjustment Payment at the Deferral Rate during such Deferral Period.

Accrued Interest Amount. For any Distribution Date and an Undercollateralized Group, the sum of (x) the product of (A) the applicable Principal Deficiency Amount and (B) the weighted average Pass-Through Rate for the related Senior Certificates for that Distribution Date, accrued during the related Interest Accrual Period and (y) any such unpaid interest amounts from prior Distribution Dates.

Accrued Interest Amount means, as of any day, the aggregate amount of all accrued and unpaid interest on the Loans payable hereunder, assuming for this purpose that the Cost of Funds Rate for each Class A Revolving Loan funded by a Class A Revolving Conduit Lender for each day since the most recent Interest Payment Date was equal to the rate per annum determined by the Paying Agent at approximately 11:00 a.m., London time, on such day by reference to the British Bankers’ Association Interest Settlement Rate (or any successor thereto) for deposits in dollars for a period of one month (as set forth by the Bloomberg Information Service or any successor thereto or any other service selected by the Paying Agent in its sole discretion) (the “Daily LIBOR Rate”) plus the amount, if any, by which the average of the Cost of Funds Rates for such Class A Revolving Conduit Lender for each day during the three immediately preceding Interest Periods exceeded the average of the Daily LIBOR Rates on each day during such Interest Periods.

Accrued Interest Amount means, in respect of a Note, an amount equal to:

Accrued Interest Amount has the meaning assigned to such term in Section 2.2.

Accrued Interest Amount has the meaning set forth in Section 2.7.

Accrued Interest Amount. Not applicable.