Class A-1 Interest Payment Amount definition

Class A-1 Interest Payment Amount means, with respect to any Payment Date, the sum of the Class A-1 Monthly Interest Payment Amount and the Class A-1 Interest Carryover Shortfall for such Payment Date.

Class A-1 Interest Payment Amount means, for any Payment Date, an amount equal to the product of (x) a fraction, the numerator of which is the actual number of days elapsed during the related Accrual Period and the denominator of which is 360, (y) the Class A-1 Note Rate and (z) the Class A-1 Note Balance as of such Payment Date (without giving effect to any payments to be made on such Payment Date).

Class A-1 Interest Payment Amount. With respect to any Payment Date, the product of (x) the Class A-1 Note Rate applicable to such Payment Date, (y) the Class A-1 Note Principal Balance immediately prior to such Payment Date and (z) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360.

Examples of Class A-1 Interest Payment Amount in a sentence

• The CLASS A-1 CARRY-FORWARD AMOUNT: for any Payment Date will be the sum of (a) the amount, if any, by which (x) the Class A-1 Interest Payment Amount as of the immediately preceding Payment Date exceeded (y) the amount of interest actually paid to the holders of the Class A-1 Notes on such immediately preceding Payment Date and (b) thirty days' interest on the amount described in clause (a), calculated at an interest rate equal to the Class A-1 Note Rate.

• Second, we propose a proof system HGRp for HPPs that may be used for query processing.

• For each Payment Date, the aggregate amount of each installment of interest due and payable on the Class A-1 Notes will be equal to the Class A-1 Interest Payment Amount and any Class A-1 Noteholders' Interest Carryover for such Payment Date.

• CLASS A-1 CARRY-FORWARD AMOUNT: - For any Payment Date the Class A-1 Carry-Forward Amount is the sum of (a) the amount, if any, by which (x) the Class A-1 Interest Payment Amount as of the immediately preceding Payment Date exceeded (y) the amount of interest actually paid to the holders of the Class A-1 Notes on such immediately preceding payment date and (b) thirty days' interest on the amount described in clause (a), calculated at an interest rate equal to the Class A-1 Note Rate.

• For each Payment Date, the aggregate amount of each installment of interest due and payable on the Class A-1 Bonds will II-20 162 be equal to the Class A-1 Interest Payment Amount for such Payment Date.

More Definitions of Class A-1 Interest Payment Amount

Class A-1 Interest Payment Amount means (a) with respect to the initial Payment Date, the product of (i) 1/360 of the Class A-1 Interest Rate times (ii) the actual number of days from and including the Closing Date to and excluding the initial Payment Date times (iii) the Outstanding Amount of the Class A-1 Notes as of the Closing Date; and (b) with respect to any subsequent Payment Date, the sum of (i) the product of (x) 1/360 of the Class A-1 Interest Rate times (y) the actual number of days from and including the immediately preceding Payment Date to and excluding such subsequent Payment Date times (z) the Outstanding Amount of the Class A-1 Notes as of the immediately preceding Payment Date after giving effect to all payments of principal of the Class A-1 Notes on such immediately preceding Payment Date and (ii) the amount of Class A-1 Interest Payment Amount payable on the prior Payment Date but not paid, if any, together with interest thereon (to the extent permitted by law) at the Class A-1 Interest Rate.

Class A-1 Interest Payment Amount. With respect to the Class A-1 Notes for any Payment Date, an amount equal to (a) the Current Interest for the Class A-1 Notes, plus (b) the Class A-1 Carry-Forward Amount remaining unpaid as of such Payment Date.

Class A-1 Interest Payment Amount. With respect to any Payment Date, the product of (x) one-twelfth of the Class A-1 Note Rate applicable to such Payment Date and (y) the Class A-1 Note Principal Balance immediately prior to such Payment Date (based on a 360-day year and the actual number of days in the Interest Accrual Period).

Class A-1 Interest Payment Amount. With respect to any Payment Date, the product of (x) the Class A-1 Certificate Rate applicable to such Payment Date, (y) the Class A-1 Certificate Principal Balance immediately prior to such Payment Date and (z) a fraction, the numerator of which is the actual number of days in the related Interest Accrual Period and the denominator of which is 360.

Class A-1 Interest Payment Amount means, for any Payment Date, an amount equal to the product of (x) 1/12 (or, with respect to the initial Payment Date, 27/360), (y) the Class A-1 Note Rate and (z) the Class A-1 Note Balance as of such Payment Date (without giving effect to any payments to be made on such Payment Date).

Class A-1 Interest Payment Amount. With respect to any Payment Date, an amount equal to 30 days of interest (or in the case of the first Payment Date, the number of days (on a "30/360" basis) from and including March 1, 1999, to but excluding April 19, 1999), calculated on the basis of a 360-day year consisting of twelve 30-day months, at the Class A-1 Interest Rate on the Class A-1 Note Balance as of the close of business on the related Accounting Date.

Class A-1 Interest Payment Amount. On any Payment Date, the amount equal to (i) the aggregate Accrued Note Interest on the Class A-1 Notes during the related Interest Accrual Period, reduced by the Shortfall Interest Deferred Amount, if any, for such Payment Date in respect of such Class, plus (ii) to the extent the remaining Available Distribution Amount for such Payment Date is sufficient for the payment thereof, the Accrued Shortfall Interest Carry Forward Amount, if any, for such Payment Date in respect of such Class.