Issuer Interest definition

Issuer Interest the limited liability company interests of the Guarantor in the Issuer.

Issuer Interest means the residual interest in the remainder, if any, of the Series Trust Assets not required to be allocated toward payment of the Series 2010-1 Notes or to pay fees, indemnities or other amounts, in any case pursuant to the Agreement and this Supplement.

Issuer Interest means an undivided share of 99 per cent. of the beneficial interest in the Originator Trust Property;

Examples of Issuer Interest in a sentence

• The Issuer shall require all proceeds of each Interest Rate Cap (including amounts received in respect of the obligations of the related Interest Rate Cap Provider from a guarantor or from the application of collateral posted by such Interest Rate Cap Provider) to be paid to the Issuer Interest Collection Account.

• The Issuer shall deposit, or cause the deposit of, the proceeds of any such draw on the Letters of Credit and the proceeds of any such withdrawal from the Issuer L/C Cash Collateral Account into the Issuer Interest Collection Account on such Payment Date.

• All amounts payable by the Issuer pursuant to Sub-Clause 11.4 (a) (excluding paragraph 2 of (a)), (b) and (c) shall be paid in accordance with and subject to Sub-Clause 5.3 (Application of Funds in the Issuer Interest Collection Account) or, at the option of the Issuer, paid from any other source available to it.

• Commencing on the date that is 151 days from the Issue Date, the Notes shall bear interest at a rate of 0.50% per annum in excess of the interest rate shown in the Notes, unless and until the date on which the Trustee shall have received both (i) a duly executed Interest Rate Adjustment Certificate and (ii) a duly executed Issuer Interest Rate Adjustment Certificate.

• Any Issuer, the related Issuer Manager, the holder of any related Issuer Interest, the Property Manager, the Special Servicer or an Affiliate of any such Person.

More Definitions of Issuer Interest

Issuer Interest has the meaning specified in Section 4.01 of the Pooling and Servicing Agreement.

Issuer Interest shall have the meaning set forth in Section 4.01.

Issuer Interest shall have the meaning specified in the Supplement.

Issuer Interest means the beneficial interest in the Issuer, which represents an undivided interest in the distributions and assets of the Issuer, issued pursuant to the Issuer Declaration of Trust;

Issuer Interest shall have the meaning ascribed to it in Section 8.01.

Issuer Interest means at any time and with respect to each Series of Notes, an amount equal to the sum of each Aggregate Asset Pool Amount of the Asset Pools of such Series of Notes minus the Invested Amount of such Series of Notes at such time.

Issuer Interest means at any time, an amount equal to the aggregate Principal Receivables plus the amounts on deposit in the Collection Account, the Excess Funding Account (as defined in the applicable Series Supplement) and the Principal Account minus the Aggregate Investor Interests.