Interest Carryover Amount definition

Interest Carryover Amount. Any of the Class IIA-1 Interest Carryover Amount, the Class IIA-2 Interest Carryforward Amount, the Class IIM-1 Interest Carryover Amount, the Class IIM-2 Interest Carryover Amount or the Class IIB Interest Carryover Amount, as the case may be.

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Interest Carryover Amount. Any of the Class A-1A Interest Carryover Amount, the Class A-1B Interest Carryover Amount, the Class A-2 Interest Carryover Amoun▇, ▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇ Carryover Amount, the Class M-1 Interest Carryover Amount, the Class M-2 Interest Carryover Amount, the Class M-3 Interest Carryover Amount, the Class B-1 Interest Carryover Amount or the Class B-2 Interest Carryover Amount, as the case may be.

Interest Carryover Amount. With respect to any Distribution Date and any Class of Certificates, the sum of (i) the excess, if any, of the Current Interest and any Interest Carryover Amount from the prior Distribution Date, over the amount of interest actually distributed on such Class on such prior Distribution Date and (ii) 30 days' interest on such excess at the applicable Pass-Through Rate.

Examples of Interest Carryover Amount in a sentence

Any obligation of the FA Class to pay any remaining portion of the HA Class Interest Carryover Amount to the HA Class shall be limited to amounts otherwise payable on such Distribution Date on the FA Class Regular Certificates.
Any amount remaining in the HA Class Interest Carryover Account on a Distribution Date after payment of the HA Class Interest Carryover Amount for that date shall be paid to the HA Class.
In the event that the amount on deposit in the Certificate Account shall be less than the Certificate Distribution Amount for such Distribution Date, then ▇▇▇▇▇▇ ▇▇▇ shall provide from its own funds the amount of any insufficiency; provided, however, that ▇▇▇▇▇▇ Mae shall not be responsible for the payment of any A Class Interest Carryover Amount or any amounts payable by the Cap Contract Counterparty pursuant to the Cap Contract.
The beneficial owners of the IP Class hereby agree to pay the beneficial owners of the F Class on each Distribution Date the Interest Carryover Amount for such date after application of amounts available for such purpose in the Carryover Reserve Account.
Any obligation of the AF-IO Class to pay the aggregate Group 1 Sequential Class Interest Carryover Amount to the Group 1 Sequential Classes shall be limited to amounts then available in the Group 1 Carryover Reserve Fund.
Any amount received on the Cap Contract shall be deposited into the Cap Contract Reserve Fund and shall be withdrawn by ▇▇▇▇▇▇ ▇▇▇ on each Distribution Date up to the amount then on deposit in the Cap Contract Reserve Fund for application to pay to the A Class any accrued A Class Interest Carryover Amount in respect of such Distribution Date.
The beneficial owners of the FA Class hereby agree to pay the beneficial owners of the HA Class on each Distribution Date the HA Class Interest Carryover Amount for such date after application of amounts available for such purpose in the HA Class Interest Carryover Account.
On such Note Purchase Date, the Certificateholder shall deposit with the Indenture Trustee cash in an amount sufficient, together with amounts on deposit (i) in the Reserve Account otherwise to be paid to the Noteholders with respect to the LIBOR Interest Carryover Amount on such Note Purchase Date and (ii) in the Trustee Collection Account and available for payment on the Notes to provide for payment of the Note Purchase Price.
In the event that the amount on deposit in the Certificate Account shall be less than the Trust Fund Distribution Amount for such Distribution Date, then ▇▇▇▇▇▇ ▇▇▇ shall provide from its own funds the amount of any insufficiency; provided, however, that ▇▇▇▇▇▇ Mae’s guaranty hereunder shall not cover receipt by Holders of the Trust Fund Certificates of any Group 1 Sequential Class Interest Carryover Amount or AV-1 Class Interest Class Carryover Amount.
Any obligation of the IP Class to pay the Interest Carryover Amount to the F Class shall be limited to amounts otherwise payable on such Distribution Date to the IP Class.

More Definitions of Interest Carryover Amount

Interest Carryover Amount. With respect to each Class of Bonds and each Payment Date, the sum of (i) the product of (x) the outstanding principal balance of such Class and (y) one twelfth of the excess of (A) the Class Interest Rate for such Class over (B) the weighted average (by principal balance) of the Net Rates on the Loans, in each case with respect to such Payment Date, and (ii) any such product remaining outstanding with respect to prior Payment Dates, together with interest thereon at the applicable Class Interest Rate.

Interest Carryover Amount. ' means, with respect to any Distribution Date, the sum of

Interest Carryover Amount. Any of the Class A-1A Interest Carryover Amount, the Class ▇-▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Amount, the Class A-2A Interest Carryover Amount, the Class ▇-▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Amount, the Class A-2C Interest Carryover Amount, the Class R Interest Carryover Amount, the Class M-1 Interest Carryover Amount, the Class M-2 Interest Carryover Amount, the Class M-3 Interest Carryover Amount, the Class B-1 Interest Carryover Amount, the Class B-2 Interest Carryover Amount or the Class B-3 Interest Carryover Amount, as the case may be.

Interest Carryover Amount. With respect to the F Class, as described in the Prospectus Supplement.

Interest Carryover Amount means, with respect to any Payment Date, the amount of Class A Note Interest due and payable on the prior Payment Date but not paid, if any, together with interest thereon (to the extent permitted by law) at the related Class A Interest Rate.

Interest Carryover Amount. With respect to any Distribution Date and any Class of Certificates, the sum of (i) the excess, if any, of the Current Interest and any Interest Carryover Amount from the prior Distribution Date, over the amount of interest actually distributed on such Class on such prior Distribution Date and (ii) interest on such excess at the applicable Pass-Through Rate for the related Interest Accrual Period.