Regular Interest Amount definition

Regular Interest Amount means, in respect of each Excess Adjustment Amount and each Payment Date occurring during the applicable Excess Adjustment Period, an amount equal to the amount by which the amount of interest paid in respect of the Notes in respect of that Payment Date would have exceeded the actual amount of interest paid in respect of the Notes if the Adjusted Outstanding Principal Balance of the Notes had not been reduced by the amount of the Excess Adjustment Amount which was applied in reduction of the Adjusted Outstanding Principal Balance of the Notes.
Regular Interest Amount means a cash amount equal to the product of (a) the number of Regular Interest Shares held of record and owned beneficially by you during the relevant Regular Measurement Period, (b) $10.00 (subject to adjustment in accordance with the proviso below) and (c) 5%;

Examples of Regular Interest Amount in a sentence

  • During FY2004, the Chief of the RPRB chaired the NIH Review Best Practices Committee that developed Standard Operating Procedures (SOPs) to imple- ment each task in the review business area for the DEAS and all NIH review units.

  • If any Loss Adjustment Payment is payable by the Swap Counterparty to the Issuer, the Swap Counterparty shall also pay, on the same date that the Loss Adjustment Payment is due as part of the Notes Funding Amount, an amount equal to the sum of the Regular Interest Amount and the Compounded Interest Amount that is payable by the Issuerin respect of the Notes as a result of such Loss Adjustment Payment pursuant to Condition 6.12 (Interest on Principal Reinstatement).

  • If any Loss Adjustment Payment is payable by the Swap Counterparty to the Issuer, the Swap Counterparty shall also pay, on the same date that the Loss Adjustment Payment is due as part of the Notes Funding Amount, an amount equal to the sum of the Regular Interest Amount and the Compounded Interest Amount that is payable by the Issuer in respect of the Notes as a result of such Loss Adjustment Payment pursuant to Condition 6.12 (Interest on Principal Reinstatement).

  • It may also grant discretionary government transfers to a municipality or a joint municipal authority for the same purpose.Competent Centres for Economic Development, Transport and the Environment may use the appropriation allocated to them by the Finnish Transport Agency for the purposes referred to in section 1, subsection 1, paragraphs 1–3.

Related to Regular Interest Amount

  • Regular interest A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.

  • REMIC 2 Regular Interest Each of the REMIC 2 Interests other than the Class LT2-R Interest.

  • REMIC I Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a "regular interest" in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC I Regular Interests are set forth in the Preliminary Statement hereto.

  • REMIC 1 Regular Interest Each of the REMIC 1 Interests other than the Class LT1-R Interest.

  • REMIC III Regular Interest The Class CE Interest, Class P Interest, Class IO Interest or any Regular Interest in REMIC III the ownership of which is represented by any of the Class A Certificates or Class M Certificates.

  • REMIC Regular Interest Any REMIC I Regular Interest or REMIC II Regular Interest.

  • REMIC II Regular Interest Any of the separate non-certificated beneficial ownership interests in REMIC II issued hereunder and designated as a “regular interest” in REMIC II. Each REMIC II Regular Interest shall accrue interest at the related REMIC II Remittance Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC II Regular Interests are set forth in the Preliminary Statement hereto.

  • REMIC III Distribution Amount The REMIC III Available Distribution Amount for any Distribution Date shall be distributed to the Certificates and the Class R-3 Residual Interest in the following amounts and priority:

  • REMIC II Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the REMIC II Regular Interests; and

  • Class A-L Regular Interests The Class A-1A-L, Class A-1B-L and Class A-1C-L Regular Interests.

  • REMIC III Regular Interests The Classes of undivided beneficial interests in REMIC III designated as “regular interests” in the table titled “REMIC III Interests” in the Preliminary Statement hereto.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • REMIC I Regular Interests The Classes of undivided beneficial interests in REMIC I designated as “regular interests” in the table titled “REMIC I Interests” in the Preliminary Statement hereto. The REMIC I Regular Interests, together with the Class R-1 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC I Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • REMIC Regular Interests The REMIC I Regular Interests and REMIC II Regular Interests.

  • Regular Interests (i) With respect to REMIC I, the REMIC I Regular Interests and (ii) with respect to REMIC II, the REMIC II Regular Interests.

  • REMIC II Regular Interests The Classes of undivided beneficial interests in REMIC II designated as “regular interests” in the table titled “REMIC II Interests” in the Preliminary Statement hereto. The REMIC II Regular Interests, together with the Class R-2 Residual Interest, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Regular Interval means monthly, quarterly, half yearly or annual periods.

  • L Regular Interest The uncertificated undivided beneficial interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein.

  • Lower Tier REMIC Regular Interests Each of the Lower Tier REMIC Interests other than the Class LTR Interest.

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and