Interest Transfer Amount. For any Distribution Date and for any Undercollateralized Group, an amount equal to one month's interest on the applicable Principal Transfer Amount at the weighted average Certificate Interest Rate of the applicable Undercollateralized Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Interest Transfer Amount. On any Distribution Date for an Undercollateralized Group, an amount equal to one month's interest on the applicable Principal Transfer Amount at 6.500% per annum if the Undercollateralized Group is Loan Group I or Loan Group III and at 6.000% per annum if the Undercollateralized Group is Loan Group II, plus any interest accrued on the Senior Certificates related to such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Interest Transfer Amount. For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Transfer Amount at the Net WAC of the applicable Undercollateralized Group, plus any interest accrued on the Senior Certificates of such Undercollateralized Group remaining unpaid from prior Distribution Dates.
More Definitions of Interest Transfer Amount
Interest Transfer Amount. On any Distribution Date for an Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Transfer Amount at the Loan Group 1 Weighted Average Pass-Through Rate if the Undercollateralized Group is Loan Group 1 and at the Loan Group 2 Weighted Average Pass-Through Rate if the Undercollateralized Group is Loan Group 2 plus any interest accrued on the Senior Certificates related to such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Interest Transfer Amount. On any Distribution Date for an Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Transfer Amount at 6.000% per annum if the Undercollateralized Group is Subgroup 1, and at 7.000% per annum if the Undercollateralized Group is Subgroup 2, plus any interest accrued on the Senior Regular Interests related to such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Interest Transfer Amount. Not applicable.
Interest Transfer Amount. With respect to any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Transfer Amount at the Pool 1 Net WAC (if Pool 1 is an Undercollateralized Group), the Pool 2 Net WAC (if Pool 2 is an Undercollateralized Group), the Pool 3 Net WAC (if Pool 3 is an Undercollateralized Group), the Pool 4 Net WAC (if Pool 4 is an Undercollateralized Group) or the Pool 5 Net WAC (if Pool 5 is an Undercollateralized Group), plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Interest Transfer Amount. On any Distribution Date for an Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Transfer Amount at 5.750% per annum if the Undercollateralized Group is Loan Group I or at 6.000% of the Undercollateralized Group is Loan Group II, plus any interest accrued on the Senior Certificates related to such Undercollateralized Group remaining unpaid from prior Distribution Dates. Investment Account: The commingled account (which shall be commingled only with investment accounts related to series of pass-through certificates with a class of certificates which has a rating equal to the highest of the Ratings of the Certificates) maintained by the Master Servicer in the trust department of the Investment Depository pursuant to Section 3.03 and which bears a designation acceptable to the Rating Agencies. Investment Depository: JPMorgan Chase Bank, or another bank or trust company designated from time to time by the Master Servicer. The Investment Depository shall at all times be an Eligible Institution.
Interest Transfer Amount. For any Distribution Date and for any Undercollateralized Group of Senior Certificates, an amount equal to one month’s interest on the applicable Principal Transfer Amount at the weighted average Pass-Through Rate of the applicable Undercollateralized Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Interest Transfer Amount. With respect to any Undercollateralized Group and any Distribution Date, one month’s interest on the applicable Principal Transfer Amount at the Strip Rate for the Class or Classes of Certificates of such Undercollateralized Group, plus any shortfall of interest on the Senior Certificates of the applicable Undercollateralized Group from prior Distribution Dates. IRS: The Internal Revenue Service.