Interest Accruals definition

Interest Accruals means with reference to each Receivable and to the Economic Effective Date, the interest component accrued on such Receivables but not yet due as at such date (excluding default interest and Suspended Interests).

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Interest Accruals means the additions to a Participant’s Account Balance determined with the Interest Accrual Rate below and in accordance with the methodology utilized under the Qualified Plan for the Interest Credits thereunder.

Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date, and equal to, with respect to Portfolio No. 1, Euro 91,421.05, with respect to Portfolio No. 2, Euro 37,043.71 and with respect to Portfolio No. 3, Euro 223,400.55.

Examples of Interest Accruals in a sentence

Participation Interest Accruals shall bear interest at the rate then applicable to the relevant Loans and shall be payable (together with such interest) when such accrual is no longer required by the relevant Participation Agreement.

More Definitions of Interest Accruals

Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date, and equal to, with respect to Portfolio No. 1,

Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date (excluding interest in arrears (interessi di mora)), and equal to, with respect to Portfolio No. 1, Euro 493,014.38, with respect to Portfolio No. 2, Euro 1,895,650.09 and with respect to Portfolio No. 3, Euro 574,207.44.

Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date (excluding interest in arrears (interessi di mora)), and equal to, as of the Effective Date falling on 1 January 2017, with respect to Portfolio No. 1, Euro 688.97, with respect to Portfolio No. 2, Euro 80,017.33, with respect to Portfolio No. 3, Euro 589,994.49 and with respect to Portfolio No. 4, Euro 550,973.33.

Related to Interest Accruals

Interest Accrual Date Payment Currency (if any): Interest Reset Dates: Interest Payment Date(s): Exchange Rate Agent (if Interest Reset Period: any):
Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.
Interest Accrual Basis The basis on which interest accrues in respect of any Mortgage Loan, any REMIC I Regular Interest, any REMIC II Regular Interest, any Regular Certificate, any of the Class A-S, Class B and Class C Certificates, any of the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest or any particular REMIC III Component of a Class of Interest Only Certificates, in each case consisting of one of the following: (i) a 30/360 Basis; or (ii) an Actual/360 Basis.
Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).
Interest Account means the account by that name within the Bond Fund established pursuant to Section 5.02.