Supplemental Interest definition

Supplemental Interest means the amount, if any, in excess of Regular Interest, Points, Incentive and Gross Receipts Interest, other cash balances available for distribution in the discretion of the Board of Directors, and all other cash receipts of the Fund net of all cash expenditures of the Fund, that Affiliated Borrowers shall pay the Fund to enable it to make quarterly distributions to Stockholders equal to an annual 12% cumulative, non-compounded return on their Original Capital Contributions during the Cash Flow Guaranty Period.

Supplemental Interest has the meaning set forth in Section 6.1.

Supplemental Interest is defined in Section 3.04 of the Trust Agreement.

Examples of Supplemental Interest in a sentence

• All such Eligible Investments will be made in the name of the Trustee of the Supplemental Interest Trust (in its capacity as such) or its nominee.

• The Supplemental Interest Trust shall be maintained by the Supplemental Interest Trust Trustee.

• The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account or Supplemental Interest Trust Account for payment hereunder and that neither the Trustee nor the Securities Administrator is liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

• For the avoidance of doubt, any Basis Risk Carry Forward Amounts shall be paid to the LIBOR Certificates first from the Excess Reserve Fund Account and then from the Supplemental Interest Trust.

• The Securities Administrator shall keep records that accurately reflect the funds on deposit in the Supplemental Interest Trust.

More Definitions of Supplemental Interest

Supplemental Interest is defined in Section 3.4 of the Trust Agreement.

Supplemental Interest means any interest that accrues on any Note pursuant to Section 3.09.

Supplemental Interest has the meaning assigned to such term in the Existing Credit Agreement.

Supplemental Interest has the meaning given to such term in Section 2.08(a).

Supplemental Interest is defined in SECTION 6.3(c).

Supplemental Interest is defined in Section 3.4.

Supplemental Interest means a certificated or uncertificated interest in the Transferor Interest.