Remaining Scheduled Interest Payments definition

Remaining Scheduled Interest Payments means, with respect to the Subject Principal Amount of the Series 2016-1 Class A Notes being prepaid, the remaining payments of the interest thereon that would be due but for the prepayment of such Subject Principal Amount from (and including) the date of such prepayment to (and excluding) the relevantSeries 2016-1 Class A Anticipated Repayment Date, assuming that the Subject Principal Amount of the OfferedSeries 2016-1 Class A Notes being prepaid is applied to reduce the Class A Notes Quarterly Scheduled Principal Amounts with respect to the applicable prepaid Tranche ratably for each remaining Quarterly Payment Date and accordingly, in determining the Remaining Scheduled Interest Payments (and resulting period over which interest payments are foregone) in respect of such Subject Principal Amount, such calculation will take into account the prepayment of the Subject Principal Amount as allocated in this manner. Failure to pay any Class A Make-Whole Prepayment Premium on any Quarterly Payment Date (other than the Series 2016-1 Legal Final Maturity Date and any other date on which the Series 2016-1 Class A Notes must be paid in full) is not an Event of Default under the Indenture. If the Series 2016-1 Class A Notes are accelerated or otherwise become due prior to their Series 2016-1 Legal Final Maturity Date, in each case, as a result of an Event of Default (including upon the occurrence of a bankruptcy or insolvency event (including the acceleration of claims by operation of law)), the amount of principal of, and premium on, the Series 2016-1 Class A Notes that becomes due and payable shall equal 100% of the Series 2016-1 Class A Outstanding Principal Amount on such date plus the Class A Make-Whole Prepayment Premium, determined on such date as if such Series 2016-1 Class A Outstanding Principal Amount were voluntarily prepaid as of such date, and shall constitute part of the Issuers’ Obligations under the Indenture and Obligations of the Guarantors under the Guarantee and Collateral Agreement. Any Class A Make-Whole Prepayment Premium payable above shall be presumed to be the liquidated damages sustained by each Noteholder as the result of the early prepayment and the Issuers agree that it is reasonable under the circumstances currently existing. The Class A Make-Whole Prepayment Premium shall also be payable in the event the Series 2016-1 Class A Notes (and/or the Indenture) are satisfied or released by foreclosure (whether by power of judicial proceedin...
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Remaining Scheduled Interest Payments means, with respect to the Called Principal of any Note, all payments of interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to the Maturity Date other than a proportionate part of the Scheduled Quarterly Principal Payment due on each Quarterly Payment Date.
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Remaining Scheduled Interest Payments has the meaning set forth in Section 3.6(e) of the Series 2018-1 Supplement.
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More Definitions of Remaining Scheduled Interest Payments

Remaining Scheduled Interest Payments means, with respect to any Call Date, the remaining scheduled payments of interest on the Underlying Securities that would be due after such Call Date and prior to June 21, 2007 (without taking into account any actual or proposed redemption of, tender offer for, or other unscheduled repayment or repurchase of the Underlying Securities for which settlement is made after the Call Date); provided, however, that, if such Call Date is not an interest payment date with respect to the Underlying Securities, the amount of the next succeeding scheduled interest payment on the Underlying Securities will be reduced by the amount of interest accrued on the Underlying Securities to such Call Date.
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Remaining Scheduled Interest Payments has the meaning given to such term in Section 2.8(e).
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Remaining Scheduled Interest Payments means, with respect to the Called Principal of any Loan, all payments of interest that otherwise would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to September 8, 2009, provided that (i) the applicable interest rate for all such interest payments shall be assumed to be the Effective Rate or, if in effect at the applicable time of determination, the Post Default Rate as of the Settlement Date and (ii) if such Settlement Date is not a Quarterly Payment Date then the amount of the next succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement Date and required to be paid on such Settlement Date pursuant to Section 2.12(a).
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Related to Remaining Scheduled Interest Payments

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment Dates shall have the meaning set forth in paragraph 1 of each Note.

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Interest Payment has the meaning set forth in Section 4.02.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Compensating Interest Payments Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement to cover Prepayment Interest Shortfalls.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Compensating Interest Payment As defined in Section 6.06.

  • Repayment Dates means, subject to clause 7.3, each of the dates falling at six (6) monthly intervals after the Drawdown Date up to and including the date falling one hundred and forty four (144) months after the Drawdown Date;

  • Party B Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.

  • Unpaid Interest Amounts As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Interest Portion means that portion of Trust Bond Loan Repayments payable by a Borrower under such Borrower’s Loan Agreement that is necessary to pay any such Borrower’s proportionate share of interest on the Bonds (i) as set forth in Exhibit A-2 of any such Loan Agreement under the column heading entitled “Interest”, or (ii) with respect to any prepayment or acceleration, as the case may be, of Trust Bond Loan Repayments in accordance with Section 3.07 or 5.03 of any such Loan Agreement, to accrue on any principal amount of Trust Bond Loan Repayments to the date of the redemption or acceleration, of the Bonds allocable to such prepaid or accelerated Trust Bond Loan Repayment.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.