Unpaid Interest Amounts definition

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).

Unpaid Interest Amounts. As of any Distribution Date and any Class of Certificates, the sum of

Unpaid Interest Amounts. As of any Distribution Date and any Class of Certificates, the sum of (a) the excess of (i) the sum of the Accrued Certificate Interest Distribution Amount for the Distribution Date over (ii) the amount in respect of such Accrued Certificate Interest actually distributed from Available Funds on such Distribution Date, (b) the excess of (i) any portion of the Accrued Certificate Interest Distribution Amount from prior Distribution Dates remaining unpaid over (ii) the amount in respect of interest on the Class of Certificates actually distributed on the preceding Distribution Date and (c) interest on the excess described in clause (b) for the related Interest Accrual Period at the applicable Pass-Through Rate (to the extent permitted by applicable law).

Examples of Unpaid Interest Amounts in a sentence

• Class Unpaid Interest Amounts ----------------------------- As to any Distribution Date and any Class of Offered Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of Class Unpaid Interest Amounts distributed on such Class on prior Distribution Dates plus interest on such amount at the related Pass-Through Rate.

• All payments of principal, Interest, default interest (if any), and Accumulated Unpaid Interest Amounts hereunder shall be paid in cash by wire transfer of immediately available funds to the account of the Holder as designated by the Holder to the Company in writing from time to time.

• Any amount of principal, (subject to the last sentence in this Section 2(d)) Interest, or Accumulated Unpaid Interest Amounts that is not paid as and when due in accordance with this Note shall bear interest at the Default Interest Rate, compounded monthly, until paid in full, and such interest accrued at the Default Interest Rate shall be payable on demand.

• Each of the Participating Holders hereby waives, until the expiration of the Waiver Period, any Default or Event of Default existing solely as a result of the Company's failure to pay to such Participating Holder such Participating Holder's pro rata share of the Unpaid Interest Amounts.

• As to any Distribution Date and any Class of Offered Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of Class Unpaid Interest Amounts distributed on such Class on prior Distribution Dates plus interest on such amount at the related Pass-Through Rate.

More Definitions of Unpaid Interest Amounts

Unpaid Interest Amounts. As of any Distribution Date and any Class of Certificates, the sum of (a) the excess of (i) the sum of the Accrued Certificate Interest Distribution Amount for such Distribution Date and any portion of such Accrued Certificate Interest Distribution Amount from prior Distribution Dates remaining unpaid over (ii) the amount in respect of interest on such Class of Certificates actually distributed on that Distribution Date and (b) 30 days' interest on such excess at the applicable Pass-Through Rate (to the extent permitted by applicable law).

Unpaid Interest Amounts. As of any Distribution Date and any Class of Certificates, the SUM OF

Unpaid Interest Amounts. For any class of certificates and any Distribution Date will equal the sum of (1) the amount, if any, by which (x) the sum of (A) Current Interest for such class for the immediately preceding Distribution Date and (B) any Unpaid Interest Amount from previous Distribution Dates exceeds (y) the amount distributed in respect of interest on such class on such immediately preceding Distribution Date, and (2) interest on the amount in clause Fremont [200___-___] Pooling & Servicing Agreement

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 prior Distribution Dates remaining unpaid immediately prior to the current Distribution Date and (b) interest on such unpaid amount in clause (a) at the applicable Pass-Through Rate (to the extent permitted by applicable law). Value: With respect to any Mortgaged Property, the lesser of (i) the Origination Value thereof, and (ii) the purchase price paid for the related Mortgaged Property by the Mortgagor with the proceeds of the Mortgage Loan, provided, however, in the case of a refinanced Mortgage Loan, such value of the Mortgaged Property is the Origination Value thereof.

Unpaid Interest Amounts. As of any Distribution Date and any Class of Certificates, the sum of (a) the excess of (i) the sum of the Accrued Certificate Interest Distribution Amount for such Distribution Date and any portion of such Accrued Certificate Interest Distribution Amount from prior Distribution Dates remaining unpaid (from any source excluding, with respect to the Class A-2 Certificates, the Certificate Insurance Policy) over (ii) the amount in respect of interest on such Class of Certificates actually distributed on the preceding Distribution Date and (b) 30 days' interest on such excess at the applicable Pass-Through Rate (to the extent permitted by applicable law).

Unpaid Interest Amounts. As of any Distribution Date and any Class of Group 6 Offered Certificates, the sum of (a) the excess of (x) the portion of the Accrued Certificate Interest from prior Distribution Dates remaining unpaid over (y) the amount in respect of interest on such Class of Certificates actually distributed on the preceding Distribution Date and (b) interest on such unpaid amount at the applicable Pass-Through Rate (to the extent permitted by applicable law).

Unpaid Interest Amounts. As of any Distribution Date and any Class of Group 4 Certificates, the sum of (a) the excess of (x) the portion of the Accrued Certificate Interest from prior Distribution Dates remaining unpaid over (y) the amount in respect of interest on that Class of Certificates actually distributed on the preceding Distribution Date and (b) interest on such unpaid amount at the applicable Pass-Through Rate (to the extent permitted by applicable law).