Class D Monthly Interest Amount means, with respect to any Series 2021-1 Interest Period, an amount equal to the Class Interest Amount for the Class D Notes.
Class D Monthly Interest Amount means, for any Payment Date, the amount of interest accrued during the related Interest Period at the Class D Interest Rate on the Class D Note Balance as of the close of business on the immediately preceding Payment Date, calculated on the basis of a 360-day year consisting of twelve 30-day months (or in the case of the Initial Payment Date, the period from (and including) the Closing Date to (but excluding) the Initial Payment Date).
Class D Monthly Interest Amount means, with respect to any Series 2022-3 Interest Period, an amount equal to the Class Interest Amount for the Class D Notes.
Examples of Class D Monthly Interest Amount in a sentence
For the avoidance of doubt, Class D CP True-Up Payment Amounts, if any, shall be paid in accordance with Section 5.3 as a component of the Class D Monthly Interest Amount.
On each Payment Date, the Class D Monthly Interest Amount with respect to such Payment Date shall be paid in accordance with the provisions hereof.
The Class D Notes shall bear interest at the Class D Note Rate in accordance with the definition of Class D Monthly Interest Amount.
More Definitions of Class D Monthly Interest Amount
Class D Monthly Interest Amount means, with respect to any Payment Date, an amount equal to the sum of: (i) the Class D Daily Interest Amount for each day in the Series 2013-A Interest Period ending on the Determination Date related to such Payment Date; plus (ii) all previously due and unpaid amounts described in clause (i) with respect to prior Series 2013-A Interest Periods (together with interest on such unpaid amounts required to be paid in this clause (ii) at the Class D Note Rate); plus (iii) the Class D Undrawn Fee with respect to each Class D Investor Group for such Payment Date; plus (iv) the Class D Program Fee with respect to each Class D Investor Group for such Payment Date; plus (v) the Class D CP True-Up Payment Amounts, if any, owing to each Class D Noteholder on such Payment Date.
Class D Monthly Interest Amount means, (a) with respect to the initial Series 2018-1 Interest Period, an amount equal to the product of (i) the Class D Note Rate, (ii) the Class D Initial Principal Amount, and (iii) 31/360, and (b) with respect to each Series 2018-1 Interest Period thereafter, an amount equal to sum of (i) the product of (A) one-twelfth of the Class D Note Rate, and (B) the Class D Principal Amount as of the first day of such Series 2018-1 Interest Period, after giving effect to any principal payments made on such date, plus (ii) the aggregate amount of any unpaid Class D Deficiency Amounts, after giving effect to all payments made on the preceding Payment Date (together with any accrued interest on such Class D Deficiency Amounts at the Class D Note Rate).
Class D Monthly Interest Amount means, (a) with respect to the initial Series 2016-1 Interest Period, an amount equal to the product of
Class D Monthly Interest Amount means, (a) with respect to the initial Series 2018-1 Interest Period, an amount equal