Class A Note Interest definition

Class A Note Interest means, for any Payment Date, the sum of the Class A Interest Payment Amount for such Payment Date and the Class A Interest Carryover Shortfall, if any, as of the immediately preceding Payment Date.

Examples of Class A Note Interest in a sentence

  • The Issuer will pay interest on the unpaid principal amount of this Note at the Class A Note Interest Rate on each Distribution Date until the principal amount of this Note is paid in full.

  • The Class A Note Interest Rate for the Interest Period with respect to such Distribution Date is equal to ..

  • The Issuer will pay interest on the unpaid principal amount of this Note at the Class A Note Interest Rate on each Payment Date until the principal amount of this Note is paid in full.

  • The average rate (the weighted average Class A Note Interest Rate and Class B Note Interest Rate reduced to take into account the non-interest bearing over- collateralization invested amount ) is equal to .

  • The average rate (the weighted average Class A Note Interest Rate, Class B Note Interest Rate and Class C Note Interest Rate reduced to take into account the non-interest bearing over-collateralization invested amount) is equal to .


More Definitions of Class A Note Interest

Class A Note Interest. On any Payment Date for the Class A Notes, the interest accrued during the related Accrual Period at the Class A Note Rate, applied to the Outstanding Principal Balance of the Class A Notes before giving effect to any payments of principal on such Payment Date.
Class A Note Interest. Rate: [ - ].
Class A Note Interest. With respect to any Distribution Date, interest --------------------- for the related Interest Period at the applicable Class A Note Rate on the Class A Note Principal Balance as of the first day of such Interest Period (after giving effect to the distributions made on the first day of such Interest Period).
Class A Note Interest. With respect to any Payment Date, the sum of (i) the product of (A) the Class A Principal Balance immediately prior to such Payment Date and (B) one-twelfth of the Class A Interest Rate and the Class A Overdue Interest from the Preceding Payment Date.
Class A Note Interest. With respect to the Class A-1 Notes, the Class A-1 Interest Rate, with respect to the Class A-2 Notes, the Class A-2 Interest Rate, with respect to the Class A-3 Notes, the Class A-3 Interest Rate, with respect to the Class A-4 Notes, the Class A-4 Interest Rate, with respect to the Class A-5 Notes, the Class A-5 Interest Rate, and with respect to the Class A-6 Notes, the Class A-6 Interest Rate.
Class A Note Interest for any Payment Date means interest for the related Class A Note Interest Period at the applicable Class A Note Rate on the Note Principal Balance as of the first day of the Class A Note Interest Period (after giving effect to the distributions made on the first day of the Class A Note Interest Period).
Class A Note Interest means each undivided interest in the Class A Notes acquired by the Class A Conduit Investor or the Class A Alternate Investors in connection with the funding of the Class A Initial Invested Amount, the making of Class A Incremental Fundings by the Class A Conduit Investor or the Class A Alternate Investors pursuant to Section 2.03 or the funding of any Assignment Purchase Price by the Class A Alternate Investors pursuant to Section 2.09.