Interest Deposit Date definition

Interest Deposit Date means the respective dates specified for deposits into the Interest Funding sub-Accounts in Section 503.
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Interest Deposit Date means, with respect to any Due Period, each date on which any portion of the Targeted Interest Deposit Amounts for such Due Period is to be deposited into the Interest Funding Account.
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Examples of Interest Deposit Date in a sentence

  • Notwithstanding any provision in the Indenture to the contrary, the deposit targeted to be made to the Interest Funding sub-Account for the Class 2017-A3 Notes with respect to the New Class 2017-A3 Notes on the June 7, 2017 Interest Deposit Date will be in an amount equal to $640,000.00, for an aggregate amount on deposit of $2,389,333.33.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2018-A6 Notes will be on the October 9, 2018 Interest Deposit Date and in an amount equal to $4,458,333.33.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2017-A8 Notes will be on the September 7, 2017 Interest Deposit Date and in an amount equal to $1,648,166.67.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2023-A1 Notes will be on the January 8, 2024 Interest Deposit Date and in an amount equal to $2,941,875.00.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2016-A1 Notes will be on the January 19, 2017 Interest Deposit Date and in an amount equal to $3,986,111.11.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2018-A3 Notes will be on the July 23, 2018 Interest Deposit Date and in an amount equal to $2,467,500.00.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2012-A1 Notes will be on the November 6, 2012 Interest Deposit Date and in an amount equal to $252,083.33.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2018-A7 Notes will be on the December 13, 2018 Interest Deposit Date and in an amount equal to $6,380,000.00.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2017-A9 Notes will be on the November 20, 2017 Interest Deposit Date and in an amount equal to $3,120,000.00.

  • The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2018-A1 Notes will be on the March 20, 2018 Interest Deposit Date and in an amount equal to $6,225,000.

Related to Interest Deposit Date

  • Deposit Date means, with respect to any Collection Period and Payment Date, the Business Day immediately preceding such Payment Date.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Advance Interest Amount means interest payable on Advances, as specified in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Class A Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes at the respective Interest Rate for such Class on the Note Balance of the Notes of each such Class on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Noteholders of the Notes of such Class on or prior to such preceding Payment Date.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Interest Date means, with respect to any given calendar month, the first Trading Day of such calendar month.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Class A Monthly Principal shall have the meaning specified in Section 4.03(a).

  • Class B Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class B Notes at the Class B Interest Rate on the Class B Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class B Noteholders on or prior to such preceding Payment Date.