Collateral Interest Adjusted Amount definition
Examples of Collateral Interest Adjusted Amount in a sentence
The share of the Investor Monthly Servicing Fee allocable to the Collateral Interest with respect to any Distribution Date (the "Collateral Interest Servicing Fee") --------------------------------- shall be equal to the product of (a) one-twelfth (/1//12th) of the Servicing Fee Percentage and (b) the Collateral Interest Adjusted Amount; provided, however, that with respect to the first Distribution Date, the Collateral Interest Servicing Fee shall be equal to $41,617.
The share of the Investor Monthly Servicing Fee allocable to the Collateral Interest with respect to any Distribution Date (the "Collateral Interest Servicing Fee") shall be equal to --------------------------------- the product of (a) one-twelfth (1/12th) of the Servicing Fee Percentage and (b) the average Collateral Interest Adjusted Amount; provided, however, that with respect to the first Distribution Date, the Collateral Interest Servicing Fee shall be equal to $67,500.