Interest Available Funds definition

Interest Available Funds means, in respect of any Calculation Date, the aggregate of:

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Interest Available Funds means in respect of any Guarantor Payment Date, the aggregate of:

Interest Available Funds means, in respect of each Payment Date, the aggregate of:

Examples of Interest Available Funds in a sentence

On any Payment Date, the Group 2 Percentage of such Net Swap Receipt that are not applied to the payment of Current Interest, Available Funds Shortfalls and Deferred Interest in the manner described in the preceding sentence shall be distributed by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.
On any Payment Date, the Group 1 Percentage of such Net Swap Receipt that are not applied to the payment of Current Interest, Available Funds Shortfalls and Deferred Interest in the manner described in the preceding sentence shall be distributed by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.
Principal and interest allocated to this Class RR Certificate on any Distribution Date will be in an amount equal to this Class RR Certificate’s pro rata share of the VRR Interest Available Funds to be distributed on the VRR Interest as of such Distribution Date, with a final distribution to be made upon retirement of this Class RR Certificate as set forth in the Pooling and Servicing Agreement.

More Definitions of Interest Available Funds

Interest Available Funds means, on each Guarantor Payment Date, the aggregate of:

Interest Available Funds means, on each Calculation Date and in respect of the immediately following Interest Payment Date, an amount equal to the sum of:

Interest Available Funds means, in respect of each Payment Date, the aggregate (without double counting) of:

Interest Available Funds means, with respect to each Payment Date the sum of:

Interest Available Funds means, with reference to each Guarantor Payment Date, the sum of (a) any interest received from the Portfolio (net of any Interest Component of the Purchase Price) during the Collection Period immediately preceding such Guarantor Payment

Interest Available Funds means, on the Monthly Payments Report Date, the aggregate of the interest component of all the Collections received by the Servicer in respect of the Monthly Settlement Period(s) falling after (i) the Valuation Date of the Initial Portfolio, in case the relevant Subsequent Issue Date falls prior to the First Quarterly Payment Date, or, (ii) otherwise, the Quarterly Settlement Date which immediately precedes the Subsequent Issue Date.

Interest Available Funds means the sum of the following: