Interest Bearing Amount definition

Interest Bearing Amount means, in respect of a Specified Payment Date, an amount in the Specified Currency as determined by the Calculation Agent equal to the product of (i) the Nominal Amount and (ii) 100 per cent. minus the Nominal Reduction Amount in respect of such Specified Payment Date.
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Interest Bearing Amount means for the purpose of calculating the Interest Amount, in respect of each Interest Period, the sum of the Reference Obligation Notional Amount for each day in such Interest Period divided by the number of calendar days in such Interest Period.
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Interest Bearing Amount means, in respect of any Note:
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Examples of Interest Bearing Amount in a sentence

  • An amount determined by the Calculation Agent equal to the expected Interest Bearing Amount on the Interest Accrual Date at the beginning of the relevant Interest Period.

  • The Final Redemption Amount in respect of each Note will be its pro rata share of the relevant Interest Bearing Amount at the Maturity Date.

  • Unless previously redeemed, purchased and cancelled as provided in this Condition 8, then, on the Scheduled Maturity Date, if as at the Credit Event Cut-Off Date there were one or more Outstanding Credit Events, each Note shall be partially redeemed at its Interest Bearing Amount on such date.

  • If nothing is mentioned about type select cash.2. Aggregate Security Deposit Amount: - Enter the $Amount.3. Interest Bearing Amount - Select Yes/No from the drop down box whichever is applicable.

  • Final Exchange Amount III : An amount (if any) equal to the aggregate PrincipalAmount Outstanding in respect of the Notes on such Early Redemption Date provided that where an Uncured Default or Outstanding Credit Event exists on the Early Redemption Cut-off Date, the Final Exchange Amount III shall be an amount equal to the aggregate Interest Bearing Amount in respect of the Notes on such date.

  • Unless previously redeemed, purchased and cancelled as provided in this Condition 8, then, on the Scheduled Maturity Date, if as at the Scheduled Credit Event Cut-Off Date there were one or more Outstanding Credit Events and/or one or more Uncured Defaults, each Note shall be partially redeemed at its Interest Bearing Amount on such date.

  • Unless otherwise specified in the Pricing Supplement, the amount of interest payable in respect of any Note for any period shall be calculated by multiplying the product of the Interest Rate applicable to such period and the Interest Bearing Amount for such period by the relevant Day Count Fraction.

  • Such Specified Notes may have a "buffer" or layer of first loss protection which means that if the cumulative losses in the relevant Reference Portfolio are less than a minimum percentage (the "Lower Boundary") of the notional size of the Reference Portfolio, payments on the Specified Notes will not be affected by such losses.More specifically, on the day a Series of Notes is issued, the "Interest Bearing Amount" of such Specified Notes is the total principal amount of those Specified Notes.

  • Until total net losses exceed the Lower Boundary for that Series, there is no impact on the Interest Bearing Amount.

  • However, as total net losses exceed the Lower Boundary, each additional loss will reduce the Interest Bearing Amount.


More Definitions of Interest Bearing Amount

Interest Bearing Amount means in respect of any Interest Accrual Period an amount in the Relevant Currency per Note as determined by the Calculation Agent on the relevant Cut-off Date equal to the product of (a) the Denomination of the relevant Note (adjusted as provided in Condition 11 in respect of each Early Redemption where the Notes are each redeemed in part) and (b) 100% minus the Notional Reduction Amount.
Sample 1
Interest Bearing Amount means in respect of any Interest Accrual Period an amount in the Relevant Currency per Note as determined by the Calculation Agent on the relevant Cut-off Date equal to the product of (a) the Denomination of the relevant Note and (b) 100 per cent. minus the Notional Reduction Amount.
Sample 1
Interest Bearing Amount means, in respect of an Interest Payment Date, an amount in the Specified Currency as determined by the Calculation Agent equal to the product of (i) SD and (ii) 100 per cent. minus the Notional Reduction Amount in respect of the Cut-off Date in respect of such Interest Payment Date.
Sample 1
Interest Bearing Amount means, in respect of any Interest Accrual Period, the outstanding principal amount of this Note or such other interest bearing amount as is specified in the Pricing Conditions.
Sample 1

Related to Interest Bearing Amount

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • Aggregate Class C Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Note Class Interest Distributable Amount for the Class C Notes as of such Distribution Date and (ii) the Class C Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Aggregate Class A Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Note Class Interest Distributable Amount for each class of the Class A Notes as of such Distribution Date and (ii) the Class A Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Aggregate Class B Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Note Class Interest Distributable Amount for the Class B Notes as of such Distribution Date and (ii) the Class B Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Note Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period at the related Interest Rate for each Class of Notes on the Outstanding Amount of the Notes of each such Class on the immediately preceding Payment Date (or, in the case of the first Payment Date, the original principal amount of each such Class of Notes), after giving effect to all distributions of principal to the Noteholders of each such Class on or prior to such Payment Date.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Class A Non-PO Optimal Amount As to any Distribution Date, the sum for such Distribution Date of (i) the Class A Interest Accrual Amount, (ii) the Aggregate Class A Unpaid Interest Shortfall and (iii) the Class A Non-PO Optimal Principal Amount.

  • Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Monthly Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, other than the Class P, Class R and Class C Certificates, an amount equal to the amount of interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Class Principal Amount of such Class of Certificates immediately prior to such Distribution Date, in each case, reduced by any Net Prepayment Interest Shortfalls allocated to such Class of Certificates and any Relief Act Interest Shortfalls allocated to such Class of Certificates, in each such case, as such shortfalls are allocated pursuant to Section 1.02 herein.

  • Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.

  • Note Distributable Amount means, with respect to any Payment Date, the sum of the Note Interest Distributable Amount and the Note Principal Distributable Amount for such Payment Date.

  • Maximum Uncertificated Accrued Interest Deferral Amount With respect to any Distribution Date, the excess of (a) accrued interest at the Uncertificated REMIC 2 Pass-Through Rate applicable to REMIC 2 Regular Interest LTZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC 2 Regular Interest LTZZ minus the REMIC 2 Overcollateralization Amount, in each case for such Distribution Date, over (b) the sum of the Uncertificated Accrued Interest on REMIC 2 Regular Interest LTAV1, REMIC 2 Regular Interest LTAV2, REMIC 2 Regular Interest LTAV3, REMIC 2 Regular Interest LTAF1, REMIC 2 Regular Interest LTAF2, REMIC 2 Regular Interest LTAF3, REMIC 2 Regular Interest LTAF4, REMIC 2 Regular Interest LTAF5, REMIC 2 Regular Interest LTAF6, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8 and REMIC 2 Regular Interest LTM9, with the rate on each such REMIC 2 Regular Interest subject to a cap equal to the Pass-Through Rate for the related Corresponding Certificate for the purpose of this calculation; provided, however, that for this purpose, calculations of the Uncertificated REMIC 2 Pass-Through Rate and the related caps with respect to each such REMIC 2 Regular Interest for which the Corresponding Certificate is a Group I Certificate shall be multiplied by a fraction, the numerator of which is the actual number of days elapsed in the related Interest Period and the denominator of which is 30.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Floating Amount means, for any Payment Date an amount equal to the floating amount payable by the Swap Counterparty to the Issuer for such date pursuant to the Interest Rate Swap.

  • Principal Distributable Amount With respect to any Distribution Date, the excess of (i) the Aggregate Note Principal Balance as of the close of the preceding Distribution Date over (ii) the result of the Aggregate Receivables Principal Balance as of the close of business on the last day of the immediately preceding Monthly Period minus the Overcollateralization Target Amount.

  • Class A Interest Distributable Amount means, with respect to any Distribution Date and each class of Class A Notes, an amount equal to the sum of: (i) the aggregate amount of interest accrued on the Class A Notes at the related Note Rate from and including the preceding Distribution Date (or, in the case of the initial Distribution Date, from and including the Closing Date) to but excluding the current Distribution Date plus (ii) the related Class A Interest Carryover Shortfall for the current Distribution Date.

  • Class X Distributable Amount With respect to any Distribution Date, the amount of interest that has accrued on the Class X Notional Balance, as described in the Preliminary Statement, but that has not been distributed prior to such date. In addition, such amount shall include the initial Overcollateralization Amount of $10,346,197.30 ($10,346,297.30 less $100 of such amount allocated to the Class P Certificates) to the extent such amount has not been distributed on an earlier Distribution Date as part of the Overcollateralization Reduction Amount.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Class B Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class B Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class B Rate or, in the case of the first Payment Date, on the Class B Initial Principal Balance.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.