Deferred Interest Amount definition

Deferred Interest Amount means, with respect to a Class of Notes and a Payment Date, the sum of (i) interest accrued at the related Note Rate during the related Interest Accrual Period on such Note Balance Write-Down Amounts applied in respect of such Class and (ii) any unpaid Deferred Interest Amounts from any prior Payment Date, together with interest thereon at the applicable Note Rate from the date any such Note Balance Write-Down Amount was applied in respect of such Class, to the extent permitted by law.

Deferred Interest Amount means, with respect to the Class B Notes and a Payment Date, the sum of (i) interest accrued at the related Note Rate during the related Interest Accrual Period on such Note Balance Write-Down Amounts and (ii) any unpaid Deferred Interest Amounts from any prior Payment Date, together with interest thereon at the applicable Note Rate from the date any such Note Balance Write-Down Amount was applied, to the extent permitted by law.

Deferred Interest Amount means with respect to a Class of Notes, an amount equal to the sum of (i) interest accrued during the related Interest Accrual Period at the applicable Note Rate on any unreimbursed Note Balance Write-Down Amounts applied to such Class of Notes prior to such Payment Date, (ii) with respect to the Class B Notes, if such Payment Date occurs during a Sequential Interest Amortization Period and the Class A Notes have an Outstanding Note Balance, interest accrued during the related Interest Accrual Period at the related Note Rate on the Outstanding Note Balance of the Class B Notes immediately prior to such Payment Date and (iii) any unpaid Deferred Interest Amounts from prior Payment Dates, plus interest thereon at the applicable Note Rate, to the extent permitted by law.

Examples of Deferred Interest Amount in a sentence

• In addition to the current interest accrual amount on the Class AI Notional Balance at the Class AI Interest Rate, Class AI is entitled to the Class AI Deferred Interest Amount.

• The Weighted Average Life shown for each Notional Class has been calculated on the assumption that a reduction in the Class Notional Balance thereof is a distribution of principal and further does not factor in any entitlement to the applicable Deferred Interest Amount.

• The Weighted Average Life shown for each Notional Class has been calculated on the assumption that a reduction in the Class Notional Balance thereof is a distribution of principal and fur- ther does not factor in any entitlement to the applicable Deferred Interest Amount.

• No representation is made about the timing of distributions of the Class AI Deferred Interest Amount other than that such amount will be paid no later than the Final Distribution Date for Class AI.

• To AI, until the Class AI Deferred Interest Amount is reduced to zero SECURITY GROUP 2The Group 2 Available Distribution Amount will be allocated in the following order of priority:1.

More Definitions of Deferred Interest Amount

Deferred Interest Amount means, in respect of any Deferred Interest Payment Date, an amount per Note in EUR (rounded down to the nearest cent and subject to a minimum of EUR 0) determined by the Calculation Agent in its sole discretion on the relevant Deferred Interest Cut-off Date as being equal to the excess (if any) of:

Deferred Interest Amount means with respect to a Class of Notes, an amount equal to the sum of (i) interest accrued during the related Interest Accrual Period at the applicable Note Rate on any unreimbursed Note Balance Write-Down Amounts applied to such Class of Notes prior to such Payment Date and (ii) any unpaid Deferred Interest Amounts from prior Payment Dates, plus interest thereon at the applicable Note Rate, to the extent permitted by law. "Deferred Post-ARD Additional Interest Amounts" has the meaning set forth in Section 2.03(c) of the Indenture.

Deferred Interest Amount means, for any month, the amount, if any, by which interest accrued at the Applicable Rate exceeds interest which would have accrued at an annual rate of twelve percent (12.0%).

Deferred Interest Amount means the amount of interest that would have been payable on the relevant Interest Payment Date if the Potential Failures to Pay or Potential Repudiation/Moratoria had not occurred.

Deferred Interest Amount means any interest amount which, subject to any limits imposed by BNM on the payments that can be deferred, is deferred by the Issuer pursuant to the Limitation on Payment of Interest clause (please refer to Item 24.2).

Deferred Interest Amount means any interest not paid when due and deferred upon requisite approval by the Bondholders' Meeting (if applicable).

Deferred Interest Amount means, in respect of each Note in respect of each Affected Reference Entity on its related Deferred Interest Payment Date, an amount in the Notes Currency (rounded down to the nearest cent and subject to a minimum of zero) determined by the Determination Agent in its sole discretion on the relevant Cut-off Date as being equal to the excess (if any) of: