CLASS D OVERDUE INTEREST definition

CLASS D OVERDUE INTEREST means, for any Payment Date, the excess, if any, of (a) the aggregate amount of Class D Monthly Interest payable on all prior Payment Dates over (b) the aggregate amount of interest actually paid to the Class D Noteholders on all prior Payment Dates.
CLASS D OVERDUE INTEREST means with respect to any Payment Date, the sum of:

Related to CLASS D OVERDUE INTEREST

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Class A Interest Each of the Class A-1 and Class A-2 Interests.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Class C Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Default Rate Interest is defined in Section 3.1(b)(ix) of this Agreement.

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Class E Interest Rate means 4.99% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class B Rate means 0.00% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Class D Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class C Percentage Interest As of any date of determination, with respect to the Class C Certificates, a percentage interest equal to a fraction, the numerator of which is the Class Principal Balance of the Class C Certificates on such date, and the denominator of which is the Class Principal Balance of the Class C Regular Interest on such date.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Accrued Class D Note Interest means, with respect to any Payment Date, the sum of the Class D Noteholders’ Monthly Accrued Interest for such Payment Date and the Class D Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Compounded Interest shall have the meaning set forth in Section 4.1.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.