Interest Amount Available definition

Interest Amount Available. As defined in Section 7.03(b) hereof.

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Interest Amount Available. With respect to any Distribution Date, the sum of (i) the Interest Remittance Amount received by the Trustee from the Servicer on the related Remittance Date and (ii) the Capitalized Interest Requirement, if any, deposited to the Distribution Account on such Distribution Date.

Interest Amount Available. As of any Payment Date, the Interest Remittance Amount less the Trustee Fee and Trustee Reimbursable Expenses.

Examples of Interest Amount Available in a sentence

• The Amount Available, the Principal Amount Available and the Interest Amount Available shall be increased only in compliances with the provisions of this paragraph.

• BRANCH BANKING AND TRUST COMPANY, as Credit Facility Trustee By: Name: Title: ACKNOWLEDGMENT The Bank hereby confirms to the Credit Facility or the Trustee that the Principal Amount Available under the Letter of Credit has been reinstated by the amount $______________ and the Interest Amount Available under the Letter of Credit has been reinstated by the amount of $_________________.

• BRANCH BANKING AND TRUST COMPANY, as Credit Facility Trustee By:___________________________ Name:______________________ Title:_____________________ [attached to Annex F] ACKNOWLEDGMENT -------------- The Bank hereby confirms to the Credit Facility Trustee that the Principal Amount Available under the Letter of Credit has been reinstated by the amount of $______________ and the Interest Amount Available under the Letter of Credit has been reinstated by the amount of $_____________.

• The Amount Available, the Principal Amount Available and the Interest Amount Available shall be reinstated only in compliance with the provisions of this paragraph.

More Definitions of Interest Amount Available

Interest Amount Available. The aggregate amount on deposit in the Collection Account as of the close of business on a Determination Date (A) that are designated by the Servicer as "interest collections" on deposit in the Collection Account on such Payment Date which relate to the prior Due Period, (B) that constitute the interest portion of Disposition Proceeds, (C) that are prepayment fees deposited into the Collection Account, (D) that constitute investment earnings on amounts in deposit in the Collection Account and (E) deposited by the Servicer as Servicing Advances, Periodic Advances or Compensating Interest. The Interest Amount Available with respect to an individual Secured Note is the portion of the amount described above which related to the Related Mortgage Loans.

Interest Amount Available. As of any Distribution Date, the Interest Remittance Amount less the amount payable to the Trustee as the Trustee Fee for such Distribution Date.

Interest Amount Available. As of any Payment Date, the Interest Remittance Amount.

Interest Amount Available. As of any Payment Date, the Interest Remittance Amount less the Trustee Fee, the Premium Amount and the Auction Agent Fee.