Class C Interest Distribution Amount definition

Class C Interest Distribution Amount. With respect to any Distribution Date, an amount equal to the product of (i) the Class C Percentage Interest and (ii) the amount of interest distributable pursuant to Section 4.01(b) of this Agreement in respect of the Class C Regular Interest on such Distribution Date.

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Class C Interest Distribution Amount. On each Payment Date, the amount due to Holders of the Class C Notes on account of interest equal to the product of (i) the Aggregate Outstanding Amount of the Class C Notes on the first day of the related Interest Accrual Period, (ii) the actual number of days in such Interest Accrual Period divided by 360 and (iii) the Class C Rate.

Class C Interest Distribution Amount. As of any Distribution Date, the Class C Current Interest for such Distribution Date minus the amount of any Class C Current Interest actually paid to the Owners of the Class A Certificates, the Class M Certificates or the Class B Certificates pursuant to Section 7.5(a)(i) and Section 7.5(a)(ii) hereof, respectively.

Examples of Class C Interest Distribution Amount in a sentence

The determination of the Class A Rate, Class B Rate and Class C Rate and the related Class A Interest Distribution Amount, Class B Interest Distribution Amount and Class C Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.
The redemption price for the Class C Notes will be calculated on the related Determination Date and will equal the Aggregate Outstanding Amount of the Class C Notes to be redeemed, together with the Class C Interest Distribution Amount (plus any Class C Capitalized Interest and any Class C Defaulted Interest Amount) due on that day of redemption.
The determination of the Class A Rate, Class B Rate, Class C Rate and Class D Rate and the related Class A Interest Distribution Amount, Class B Interest Distribution Amount, Class C Interest Distribution Amount and Class D Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.
The determination of the Class A Rate, Class A-S Rate, Class B Rate, Class C Rate, Class D Rate and Class E Rate and the related Class A Interest Distribution Amount, Class A-S Interest Distribution Amount, Class B Interest Distribution Amount, Class C Interest Distribution Amount, Class D Interest Distribution Amount and Class E Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.
The determination of the Class A Rate, Class B Rate, Class C Rate, Class D Rate and Class E Rate and the related Class A Interest Distribution Amount, Class B Interest Distribution Amount, Class C Interest Distribution Amount, Class D Interest Distribution Amount and Class E Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.

More Definitions of Class C Interest Distribution Amount

Class C Interest Distribution Amount. As of any Distribution Date, the Class C Interest for such Distribution Date minus the amount of any Class C Interest actually paid to the Owners of the Class A Certificates or the Class B Certificates pursuant to Section 7.5(b)(i) and Section 7.5(b)(iv) hereof, respectively.