Interest Compensation Ledger Allocable Amount means on each Payment Date an amount equal to the excess of the Interest Compensation Surplus Amount over the sum of
Examples of Interest Compensation Ledger Allocable Amount in a sentence
The Servicer shall list the amounts to be distributed for each Payment Date in the Order of Priority and will notify the parties listed above of the Interest Compensation Available Amount, the Interest Compensation Ledger Allocable Amount, the Interest Compensation Shortfall Amount, the Interest Compensation Shortfall Redemption Amount, the Interest Compensation Surplus Amount and the Interest Compensation Required Amount.