Class A Additional Interest shall have the meaning specified in subsection 4.02(a).
Class A Additional Interest is defined in Section 4.1(a).
Class A Additional Interest shall have the meaning specified in subsection 4.6(a) of the Agreement.
Examples of Class A Additional Interest in a sentence
Notwithstanding anything to the contrary herein, Class A Additional Interest shall be payable or distributed to the Class A Certificateholders only to the extent permitted by applicable law.
More Definitions of Class A Additional Interest
Class A Additional Interest has the meaning specified in Section 4.02(a).
Class A Additional Interest has the meaning specified in Section 5.12(a).
Class A Additional Interest for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class A Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class A Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date. The "Class A Deficiency Amount" for any Transfer Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(a) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class A Certificateholders on the next succeeding Interest Payment Date of such amount. (h) The amount of monthly interest distributable from the Finance Charge Account with respect to the Class B Certificates with respect to each Transfer Date shall be an amount equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) the Class B Certificate Rate in effect with respect to the related Interest Period, times (ii) the outstanding principal balance of the Class B Certificates determined as of the Record Date preceding the related Transfer Date (the "Class B Monthly Interest"); provided, however, that in addition to the Class B Monthly Interest an amount equal to the amount of any unpaid Class B Deficiency Amounts, as defined below, plus any Class B Additional Interest, as defined below, shall also be distributable from the Finance Charge Account with respect to the Class B Certificates, and on such Transfer Date the Trustee shall deposit such funds, to the extent available, into the Interest Funding Account for payment to the Class B Certificateholders on the next succeeding Interest Payment Date. The "Class B Additional Interest" for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class B Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class B Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date. The "Class B Deficiency Amount" for any Transfer...
Class A Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is 30, and the denominator of which is 360, (ii) the Class A Note Interest Rate in effect with respect to the related Interest Period and (iii) the Class A Interest Shortfall for the preceding Distribution Date (which shall be zero in the case of the first Distribution Date). Notwithstanding anything to the contrary herein, Class A Additional Interest shall be payable or distributed to the Class A Noteholders only to the extent permitted by applicable law.
Class A Additional Interest is defined in Section 4.8(a).
Class A Additional Interest means, as of any Distribution Date, an amount equal to the product of (i) the Class A Certificate Rate for the Interest Period then ended, (ii) a fraction the numerator of which is the actual number of days in that Interest Period and the denominator of which is 360, and (iii) the Class A Interest Shortfall, if any, for the previous Distribution Date. Notwithstanding anything to the contrary herein, Class A Additional Interest shall be payable to the Interest Funding Account or distributed to Class A Certificateholders only to the extent permitted by applicable law.
Class A Additional Interest shall have the meaning specified in Section --------------------------- 4.6(a).