Available Interest Distribution Amount definition

Available Interest Distribution Amount means, in respect of any Interest Payment Date, the amount calculated by the Transaction Manager on the Calculation Date immediately preceding such Interest Payment Date equal to the sum of:

Available Interest Distribution Amount means, for any Distribution Date, the sum (without duplication) of the following amounts received with respect to the preceding Collection Period: (i) that portion of all collections on Receivables attributable to interest, (ii) Liquidation Proceeds attributable to interest with respect to the Receivables that became Liquidated Receivables during the Collection Period in accordance with the Servicer's customary servicing procedures; (iii) proceeds attributable to interest from recoveries with respect to Liquidated Receivables that became Liquidated Receivables during prior Collection Periods; and (iv) the Purchase Amount of each Receivable that became a Purchased Receivable during the related Collection Period to the extent attributable to accrued interest on such Receivable; provided, however, that in calculating the Available Interest Distribution Amount, all payments and proceeds (including Liquidation Proceeds) of any Purchased Receivables the principal portion of the Purchase Amount of which has been included in the Available Principal Distribution Amount in a prior Collection Period will be excluded.

Available Interest Distribution Amount. Available Principal Distribution Amount Total Available Distribution Amount Reinvestment Income on Collection Account Withdrawals from Reserve Fund Total Amount Available

Examples of Available Interest Distribution Amount in a sentence

• Carryover Shortfall 0.00 Class A-3 Notes Monthly Interest Class A-3 Notes Interest Carryover Shortfall 0.00 Class A-3 Notes Interest on Interest Carryover Shortfall 0.00 Class A-3 Notes Monthly Available Interest Distribution Amount 1,742,916.67 Class A-3 Notes Monthly Interest Paid 1,742,916.67 Chg in Class A-3a Notes Int.

• Carryover Shortfall 0.00 Class A-2 Notes Monthly Interest Class A-2 Notes Interest Carryover Shortfall 0.00 Class A-2 Notes Interest on Interest Carryover Shortfall 0.00 Class A-2 Notes Monthly Available Interest Distribution Amount 929,683.33 Class A-2 Notes Monthly Interest Paid 929,683.33 Chg in Class A-2 Notes Int.

• Carryover Shortfall 0.00 Certificate Monthly Interest Certificate Interest Carryover Shortfall 0.00 Certificate Interest on Interest Carryover Shortfall 0.00 Certificate Monthly Available Interest Distribution Amount 0.00 Certificate Monthly Interest Paid 0.00 Chg in Certificate Int.

• Carryover Shortfall 0.00 Class A-2 Notes Monthly Interest Class A-2 Notes Interest Carryover Shortfall 0.00 Class A-2 Notes Interest on Interest Carryover Shortfall 0.00 Class A-2 Notes Monthly Available Interest Distribution Amount 552,500.00 Class A-2 Notes Monthly Interest Paid 552,500.00 Chg in Class A-2 Notes Int.

• Carryover Shortfall 0.00 Class A-4b Notes Interest Carryover Shortfall 0.00 Class A-4b Notes Interest on Interest Carryover Shortfall 0.00 Class A-4b Notes Monthly Available Interest Distribution Amount 265,000.00 Class A-4b Notes Monthly Interest Paid 265,000.00 Chg in Class A-4b Notes Int.

More Definitions of Available Interest Distribution Amount

Available Interest Distribution Amount means, for any Distribution Date, the sum of the following amounts with respect to the preceding Collection Period: (i) that portion of all collections of Scheduled Payments on Receivables allocable to interest; (ii) Liquidation Proceeds and other Recoveries to the extent allocable to interest due on Liquidated Receivables and Defaulted Receivables in accordance with the Servicer's customary servicing procedures; (iii) Risk Default Insurance Proceeds to the extent allocable to interest as determined by the Servicer; (iv) the earnings, if any, on amounts in the Funding Account (if any) accrued during the related Collection Period, and for the initial Distribution Date, such earnings as have accrued to such date; and (v) the Purchase Amount of each Receivable that became a Purchased Receivable during the related Collection Period to the extent attributable to accrued interest thereon; provided, however, that in calculating the Available Interest Distribution Amount the following will be excluded: all payments and proceeds (including Liquidation Proceeds) of any Purchased Receivables the Purchase Amount of which has been included in the Principal Distributable Amount with respect to a prior Distribution Date.

Available Interest Distribution Amount means, in respect of any Collection Period, an amount equal to the sum of (a) the amount of any Unit Interest Distributions and Bond Interest Distributions received by the Issuer from the Portuguese Fund and the Spanish Fund respectively on the relevant Fund Distribution Date; (b) where, during such Collection Period, the proceeds of disposal or on maturity of Authorised Investment exceeds the original cost of such Authorised Investment, the amount of such excess and (c) interest accrued and credited to the Issuer Account and the Cash Reserve Account.

Available Interest Distribution Amount means, in respect of any Interest Payment Date, the amount calculated by the Transaction Manager as at the Quarterly Collection Date immediately preceding such

Available Interest Distribution Amount means, as calculated by the Cash Administrator (on behalf of the Issuer) on each Settlement Date, an amount equal to the sum of:

Available Interest Distribution Amount. For any Distribution Date, shall be an amount equal to (i) all cash received by the Certificate Administrator on the related Underlying CMBS Distribution Date with respect to the Underlying CMBS on account of interest, plus (ii) any applicable Extraordinary Issuing Trust Expenses previously allocated to a Class of Certificates, to the extent such amounts were applied to reduce the Available Interest Distribution Amount on a prior Distribution Date, and which have been recovered with respect to such Distribution Date and which have not been previously reimbursed, plus (iii) the amount of any indemnification payment (if any) received in respect of a breach of representation or warranty pursuant to Section 2.04 with respect to the Underlying CMBS on account of interest, less (iv) any portion of the foregoing that represents one or more of the following: (a) any Extraordinary Issuing Trust Expense with respect to such Distribution Date allocable to the Certificates to the extent not reimbursed from the Expense Reserve Account and (b) amounts deposited in the Distribution Account in error.

Available Interest Distribution Amount means, as at each Business Day, an amount in euro equal to the sum of:

Available Interest Distribution Amount means, in respect of any Interest Payment Date, the amount calculated by the Transaction Manager, in conjunction with the Servicer (to the extent the Transaction Manager does not possess any of the required information), on the Calculation Date immediately preceding such Interest Payment Date equal to the sum of: