Interest Receipts definition

Interest Receipts has the meaning specified in Section 4.2. Item, when used with respect to any Collateral, means all asset-backed securities with the same CUSIP or other unique identifying number that are included in such Collateral. Legacy CMBS Collateral means CMBS Collateral that is not Newly Issued CMBS Collateral.

Interest Receipts has the meaning specified in Section 4.2. Item, when used with respect to any Collateral, Eligible Collateral, New Acquisition Collateral, Above Par Collateral or SBA Collateral, means all asset- backed securities with the same CUSIP or other unique identifying number that are included in such Collateral, Eligible Collateral, New Acquisition Collateral, Above Par Collateral or SBA Collateral, as the case may be.

Interest Receipts has the meaning specified in Section 4.2. Item, when used with respect to any Collateral, means all asset-backed securities with the same CUSIP or other unique identifying number that are included in such Collateral. Lender means TALF II LLC, a Delaware limited liability company, in its capacity as lender of Loans hereunder, and its successors and assigns.

Examples of Interest Receipts in a sentence

• Each Borrower hereby acknowledges and agrees that (x) the earnings from any such investments shall be for the account of Lender and (y) neither Lender nor Custodian (nor Administrator) shall be obligated to account to any Borrower for any amount other than the Interest Receipts.

• After that following Distribution Date the Mortgages Trustee shall transfer, or procure on its behalf the transfer, from the Mortgages Trustee GIC Account to the relevant collection account of an amount equal to such shortfall subject to it having sufficient funds available to it or the Servicer shall deduct an amount equal to such shortfall from payments otherwise due on a daily basis from the Seller to the Mortgages Trustee in respect of Principal Receipts and Interest Receipts received under the Loans.

• Pending the application thereof pursuant to Section 4.3, Custodian shall invest such Interest Receipts on behalf of Xxxxxx as directed by Xxxxxx.

• Pending the application thereof pursuant to Section 4.3 or Section 5.3-2, Custodian shall invest such Interest Receipts on behalf of Lender as directed by Xxxxxx.

• Pending the application thereof pursuant to Section 4.3 or Section 5.3-1, Custodian shall invest or otherwise apply such Interest Receipts on behalf of Lender pursuant to the terms of the Collateral Custody and Administration Agreement.

More Definitions of Interest Receipts

Interest Receipts means (i) all amounts received by the Issuer in respect of the Underlying Assets in the nature of interest; and(ii) any amounts paid pursuant to paragraph 60(Y)(i).

Interest Receipts has the meaning specified in Section 4.2.

Interest Receipts means: (i) interest and fees and other amounts received by the CBC in respect of the Mortgage Receivables (including any penalties for late payments), other than Principal Receipts; (ii) prepayment penalties received or recovered by the CBC in respect of the Mortgage Receivables; and (iii) any amounts received as Net Proceeds to the extent such proceeds do not relate to principal.

Interest Receipts means all amounts received by the Trustee as the payment of interest, or the equivalent thereof, with respect to the Installment Sale Agreement.

Interest Receipts means (i) all amounts received by the Issuer in respect of the Underlying Assets in the nature of interest as such amounts, in part or in whole, are exchanged into South African Rand or the currency of any Agreed Expense from time to time either pursuant to the Swap Agreement or otherwise; and (ii) any termination payments received by the Issuer under the Swap Agreement in the nature of interest, as determined by the Calculation Agent.

Interest Receipts means: (i) interest and fees and other amounts received by the CBC in respect of the Mortgage Receivables (including any penalties for late payments), other than Principal Receipts, less (A) in respect of each Savings Mortgage Receivable or Savings Investment Mortgage Receivable which is subject to an Insurance Savings Participation, an amount equal to the net amount received or recovered multiplied by the Insurance Savings Participation Fraction and (B) in respect of each Bank Savings Mortgage Receivable which is subject to a Bank Savings Participation, an amount equal to the net amount received or recovered multiplied by the Bank Savings Participation Fraction; (ii) Prepayment Penalties received or recovered by the CBC in respect of the Mortgage Receivables; and (iii) any amounts received as Net Proceeds to the extent such proceeds do not relate to principal less (A) in respect of each Savings Mortgage Receivable or Savings Investment Mortgage Receivable which is subject to an Insurance Savings Participation, an amount equal to the net amount received or recovered multiplied by the Insurance Savings Participation Fraction and (B) in respect of each Bank Savings Mortgage Receivable which is subject to a Bank Savings Participation, an amount equal to the net amount received or recovered multiplied by the Bank Savings Participation Fraction.

Interest Receipts means (i) interest and fees and other amounts received by the CBC in respect of the Mortgage Receivables (including any penalties for late payments), other than Principal Receipts and less in respect of each Savings Mortgage Receivable which is subject to a Participation an amount equal to the net amount received or recovered multiplied by the Participation Fraction; (ii) Prepayment Penalties received or recovered by the CBC in respect of the Mortgage Receivables; and (iii) any amounts received as Net Proceeds to the extent such proceeds do not relate to principal less, in respect of each Savings Mortgage Receivable which is subject to a Participation, an amount equal to the amount received or recovered multiplied by the Participation Fraction;