Class B Interest Shortfall definition

Class B Interest Shortfall shall have the meaning specified in subsection 4.02(b).

Class B Interest Shortfall shall have the meaning specified in subsection 4.6(b) of the Agreement.

Class B Interest Shortfall has the meaning specified in Section 4.02(b).

Examples of Class B Interest Shortfall in a sentence

• On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class B Interest Shortfall"), of (x) the Class B Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class B Monthly Interest on such Distribution Date.

• On the Determination Date preceding each Payment Date, the Servicer shall determine the excess, if any (the "Class B Interest Shortfall"), of (x) the Class B Monthly Interest for the Interest Period applicable to such Payment Date over (y) the aggregate amount of funds allocated and available to pay such ---- Class B Monthly Interest on such Payment Date.

• On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class B Interest Shortfall"), -------------------------- of (x) the Class B Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class B Monthly Interest on such Distribution Date.

• On or before each Distribution Date, the Servicer shall determine the excess, if any (the "Class B Interest Shortfall"), of (x) the Class B Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class B Monthly Interest on such Distribution Date.

• On the Determination Date preceding each Distribution Date, Servicer shall determine the excess, if any (the "Class B Interest Shortfall"), of (x) the aggregate amount accrued pursuant to this Section 4.02(b) as of the prior Distribution Date over (y) the amount of funds actually transferred from the Distribution Account for payment of such amount.

More Definitions of Class B Interest Shortfall

Class B Interest Shortfall has the meaning specified in subsection 4.02(b).

Class B Interest Shortfall shall have the meaning specified in SECTION 4.02(b).

Class B Interest Shortfall is defined in Section 2.4.

Class B Interest Shortfall means, with respect to any Distribution Date, the excess, if any, as determined by the Servicer, of (i) the amount described in Section 4.03(a)(iii) over (ii) the sum of (a) the aggregate amount of Available Finance Charge Collections allocated and paid for such amounts on such Distribution Date and (b) the Reallocated Principal Amount applied to fund a deficiency in the amount distributed pursuant to Section 4.03(a)(iii) on such Distribution Date.

Class B Interest Shortfall means, with respect to any Distribution Date, the excess, if any, as determined by the Servicer, of (i) the amount described in Section 4.04(a)(vii), over (ii) the sum of (a) the aggregate amount of Available Finance Charge Collections allocated and paid for such amounts on such Distribution Date and (b) the Reallocated Principal Amount applied to fund a deficiency in the amount distributed pursuant to Section 4.04(a)(vii) on such Distribution Date.

Class B Interest Shortfall. As to any Distribution Date, the amount -------------------------- equal to (a) the Class B Interest Formula Distribution Amount for such Distribution Date less (b) the amount of interest distributed to the Class B Certificateholders on such Distribution Date.

Class B Interest Shortfall is defined in subsection 4.2(b). -------------------------- -----------------