Class B Additional Interest shall have the meaning specified in subsection 4.02(b).
Class B Additional Interest is defined in Section 4.1(b).
Class B Additional Interest shall have the meaning specified in subsection 4.6(b) of the Agreement.
Examples of Class B Additional Interest in a sentence
Class B Additional Interest for prior Due Period or previously due but not paid $ 0.00 d.
Class B Additional Interest for prior Collection Period or previously due but not paid $ 0.00 iv.
Amount of the distribution in respect of Class B Additional Interest: $0.00 5.
The amount of the current monthly accumulation in respect of Class B Additional Interest $0.000000 ----------------- C.
Class B Additional Interest for prior Due Period or previously due but not paid $ 0 d.
More Definitions of Class B Additional Interest
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 Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(b) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class B Certificateholders on the next succeeding Interest Payment Date of such amount. (i) The amount of monthly interest distributable to the Collateral Interest, which 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 Collateral Rate in effect with respect to the related Interest Period, times (ii) the Collateral Interest determined as of the Record Date preceding such Transfer Date (the "Collateral Monthly Interest"); provided, however, that for the purposes of determining Collateral Monthly Interest only, the Collateral Rate shall not exceed a per annum rate of 1% in excess of LIBOR for one-month United States dollar deposits as determined on the related LIBOR Determination Date.
Class B Additional Interest has the meaning specified in Section 5.12(b).
Class B Additional Interest means, with respect to any Distribution Date, an amount equal to the product of (i) a fraction, the numerator of which is the actual number of days in the related Interest Period, and the denominator of which is 360, (ii) the Class B Note Rate plus 2% per annum, and (iii) the Class B Interest Shortfall for the preceding Distribution Date, if any. Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable or distributed to the Class B Noteholders only to the extent permitted by applicable law.
Class B Additional Interest means the amount, if any, distributable in respect of the Class B Certificates as calculated pursuant to a supplemental agreement entered into in accordance with Section 7.3.
Class B Additional Interest means, as of any Distribution Date, an amount equal to the product of (i) the Class B 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 B Interest Shortfall, if any, for the previous Distribution Date. Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable to the Interest Funding Account or distributed to Class B Certificateholders only to the extent permitted by applicable law.
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 Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(b) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class B Certificateholders on the next succeeding Interest Payment Date.
Class B Additional Interest is defined in subsection 4.2(b). --------------------------- -----------------