Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A Noteholders’ Monthly Interest Distributable Amount for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Distribution Date, the sum of the Class A-1 Interest Distributable Amount for such Distribution Date, the Class A-2 Interest Distributable Amount for such Distribution Date, the Class A-3 Interest Distributable Amount for such Distribution Date and the Class A-4 Interest Distributable Amount for such Distribution Date.
Class A Noteholders’ Interest Distributable Amount means the Class A-1 Noteholders' Interest Distributable Amount, the Class A-2 Noteholders' Interest Distributable Amount, the Class A-3 Noteholders' Interest Distributable Amount and the Class A-4 Noteholders' Interest Distributable Amount.
Examples of Class A Noteholders’ Interest Distributable Amount in a sentence
From and after the occurrence of an Event of Default hereunder, the interest rate payable hereunder shall be increased by 5% over the then applicable interest rate.
If it is subsequently determined that the amount of such distribution was more than the Special Redemption Price, such excess shall be deducted from the Class A Noteholders’ Interest Distributable Amount and interest on the Class A Notes with respect to the November 2008 Distribution Date.
More Definitions of Class A Noteholders’ Interest Distributable Amount
Class A Noteholders’ Interest Distributable Amount means the Class A-1 Noteholders’ Interest Distributable Amount, the Class A-2 Noteholders’ Interest Distributable Amount, the Class A-3 Noteholders’ Interest Distributable Amount and the Class A-4 Noteholders’ Interest Distributable Amount.
Class A Noteholders’ Interest Distributable Amount. (a) With respect to the -------------------------------------------------- Class A-1 Notes and any Distribution Date, the product of (1) the outstanding principal balance of the Class A-1 Notes on the preceding Distribution Date after giving effect to all payments of principal in respect of the Class A-1 Notes on such preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance on the Closing Date) and (2) the product of the Interest Rate for the Class A-1 Notes and a fraction, the numerator of which is the actual number of days elapsed from the most recent Distribution Date on which interest has been paid (or the Closing Date, in the case of the initial period) to but excluding the current Distribution Date, and the denominator of which is 360, and (b) with respect to the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes and any Distribution Date, the product of (1) the outstanding principal balance of such class of Class A Notes on the preceding Distribution Date after giving effect to all payments of principal in respect of such class of Class A Notes on such preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance on the Closing Date) and (2) the product of the Interest Rate for such class of Class A Notes and a fraction, the numerator of which is 30 (or, in the case of the first Distribution Date, the number of days elapsed from the Closing Date to but excluding such Distribution Date), and the denominator of which is 360.
Class A Noteholders’ Interest Distributable Amount. $________
Class A Noteholders’ Interest Distributable Amount means, with respect to any Distribution Date, the sum of the Class A Noteholders’ Monthly Interest Distributable Amount for such Distribution Date and the Class A Noteholders’ Interest Carryover Shortfall for such Distribution Date. Interest on the Class A-1 Notes shall be computed on the basis of the actual number of days in a 360 day year. Interest on the Class A Notes other than the Class A-1 Notes shall be computed on the basis of a 360 day year of twelve 30-day months.
Class A Noteholders’ Interest Distributable Amount. With respect to the Class A-1 Notes and any Distribution Date, the product of (1) the outstanding principal balance of the Class A-1 Notes on the preceding Distribution Date after giving effect to all payments of principal in respect of the Class A-1 Notes on such preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance on the Closing Date) and (2) the product of the Interest Rate for the Class A-1 Notes on such Distribution Date and a fraction, the numerator of which is the actual number of days from the most recent Distribution Date on which interest has been paid (or the Closing Date, in the case of the initial period) to but excluding the current Distribution Date, and the denominator of which is 360, and (b) with respect to the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes and any Distribution Date, the product of (1) the outstanding principal balance of such class of Notes on the preceding Distribution Date after giving effect to all payments of principal in respect of such class of Notes on such preceding Distribution Date (or, in the case of the first Distribution Date, the outstanding principal balance on the Closing Date) and (2) the product of the Interest Rate for such class of Notes and a fraction, the numerator of which is 30 (or, in the case of the first Distribution Date, the number of days from the Closing Date to but excluding June 15, 2003), and the denominator of which is 360.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date (the "current Payment Date"), an amount equal to the sum of (a) the aggregate amount of interest accrued on the Class A Notes at their respective interest rates from and including the preceding Payment Date (or, in the case of the initial Payment Date, from and including the Closing Date) to but excluding the current Payment Date for the A-1 Notes and A-2 Notes (based on the actual number of days elapsed and a 360-day year) and for the A-3 Notes and the A-4 Notes (based on a 360-day year of twelve 30-day months) plus (b) the Class A Noteholders' Interest Carryover Shortfall for the current Payment Date.
Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A Noteholders’ Monthly Interest Distributable Amount for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date; provided that, if the Class A-1 Notes receive any payments on the Special Payment Date, then (i) the Class A Noteholders’ Monthly Interest Distributable Amount and the Class A Noteholders’ Interest Carryover Shortfall shall be determined separately for each Class of the Class A Notes for the regularly scheduled October 2022 Payment Date, and (ii) references to the “preceding Payment Date” in the definitions of Class A Noteholders’ Monthly Interest Distributable Amount and Class A Noteholders’ Interest Carryover Shortfall, for purposes of determining such amounts for the Class A-2 Notes and the Class A-3 Notes for the regularly scheduled October 2022 Payment Date, shall be deemed to refer to the regularly scheduled September 2022 Payment Date.