Accrued Interest Component definition
Accrued Interest Component means, for any Collection Period, that portion of the Interest Component of all Related Commercial Paper outstanding at any time during such Collection Period which has accrued from the first day through the last day of such Collection Period whether or not such Related Commercial Paper matures during such Collection Period, based on the actual number of days in such Collection Period that such Related Commercial Paper was outstanding.
Accrued Interest Component means, for any Collection Period, the Interest Component of all Related Commercial Paper outstanding at any time during such Collection Period which has accrued from the first day through the last day of such Collection Period, whether or not such Related Commercial Paper matures during such Collection Period. For purposes of the immediately preceding sentence, the portion of the Interest Component of Related Commercial Paper accrued in a Collection Period in which Related Commercial Paper has a stated maturity date that succeeds the last day of such Collection Period shall be computed based on the actual number of days that such Related Commercial Paper was outstanding during such Collection Period.
Accrued Interest Component means, for any Settlement Period, the Interest Component of all Related Commercial Paper outstanding at any time during such Settlement Period which has accrued from the first day through the last day of such Settlement Period, whether or not such Related Commercial Paper matures during such Settlement Period. For purposes of the immediately preceding sentence, the portion of the Interest Component of Related Commercial Paper accrued in a Settlement Period in which Related Commercial Paper has a stated maturity date that succeeds the last day of such Settlement Period shall be computed based on the actual number of days that such Related Commercial Paper was outstanding during such Settlement Period.
More Definitions of Accrued Interest Component
Accrued Interest Component means, for any Monthly Period for -------------------------- any Senior Class, the Interest Component of all Related Commercial Paper outstanding with respect to such Senior Class at any time during such Monthly Period which has accrued from the first day through the last day of such Monthly Period, whether or not such Related Commercial Paper matures during such Monthly Period. For purposes of the immediately preceding sentence, the portion of the Interest Component of Related Commercial Paper accrued in a Monthly Period which Related Commercial Paper has a stated maturity date that succeeds the last day of such Monthly Period shall be computed based on the actual number of days that such Related Commercial Paper was outstanding during such Monthly Period.
Accrued Interest Component means, as of any day of determination, the interest (and discount) which has accrued (and accreted) from, and including, the most recent Accrual Date to, but excluding, such day of determination with respect to Commercial Paper; provided, however, that if the Interest Rate Swaps are not in full force and effect or if any of the Swap Counterparties has failed to make any payment required under the Interest Rate Swaps (subject to any grace periods set forth in the Interest Rate Swaps), then such amount shall not exceed the amount of interest accrued on the Mortgage Loans (net of servicing fees) since the preceding Distribution Date.
Accrued Interest Component when used with respect to the Commercial Paper, shall mean, for any period of determination thereof, the Interest Component of all Commercial Paper outstanding at any time during such period which has accrued from the first day through the last day of such period, whether or not such Commercial Paper matures during such period or thereafter. For purposes of the immediately preceding sentence, the portion of the Interest Component of any Commercial Paper accrued in a period shall be expressed as a fraction the numerator of which is the number of days elapsed that such Commercial Paper was Outstanding during such period and the denominator of which is the number of days such Commercial Paper was or is scheduled to be Outstanding.
Accrued Interest Component. For any Collection Period, the Interest Component of all Commercial Paper Notes outstanding at any time during such Collection Period which has accrued from the first day through the last day of such Collection Period whether or not such Commercial Paper Notes mature during such Collection Period. For purposes of the immediately preceding sentence, the portion of the Interest Component of Commercial Paper Notes accrued in a Collection Period in which Commercial Paper Notes have a stated maturity date that succeeds the last day of such Collection Period shall be based on the actual number of days elapsed in such Collection Period during which Commercial Paper Notes were outstanding.
Accrued Interest Component means for any Collection Period, the Interest Component of all Related Commercial Paper outstanding at any time during such Collection Period which has accrued from the first day through the last day of such Collection Period whether or not such Related Commercial Paper matures during such Collection Period. For purposes of the immediately preceding sentence, the portion of the Interest Component of Related Commercial Paper accrued in a Collection Period in which Related Commercial Paper either (a) was issued on a day other than the first day of such Collection Period or (b) has a stated maturity date on a day other than the last day of such Collection Period shall be based on the actual number of days elapsed in such Collection Period during which such Related Commercial Paper was outstanding.
Accrued Interest Component. Face Amount" and "Interest Component."