Class A-4 Interest Payment Amount definition

Class A-4 Interest Payment Amount means, for any Payment Date, an amount equal to the product of (x) 1/12 (or, with respect to the first Payment Date, 29/360), (y) the Class A-4 Note Rate and (z) the Class A-4 Note Balance as of such Payment Date (without giving effect to any payments to be made on such Payment Date).

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Class A-4 Interest Payment Amount means, with respect to any Payment Date, the sum of the Class A-4 Monthly Interest Payment Amount and the Class A-4 Interest Carryover Shortfall for such Payment Date.

Class A-4 Interest Payment Amount means (a) with respect to the initial Payment Date, the product of (i) 1/360 of the Class A-4 Interest Rate times (ii) the number of days from and including the Closing Date to and excluding the 15th day of the calendar month in which the initial Payment Date occurs (calculated on the basis of a 360-day year consisting of twelve 30-day months) times (iii) the Outstanding Amount of the Class A-4 Notes as of the Closing Date; and (b) with respect to any subsequent Payment Date, the sum of (i) the product of (x) one-twelfth of the Class A-4 Interest Rate times (y) the Outstanding Amount of the Class A-4 Notes as of the immediately preceding Payment Date after giving effect to all payments of principal of the Class A-4 Notes on such immediately preceding Payment Date and (ii) the amount of Class A-4 Interest Payment Amount payable on the prior Payment Date but not paid, if any, together with interest thereon (to the extent permitted by law) at the Class A-4 Interest Rate.

Examples of Class A-4 Interest Payment Amount in a sentence

For purposes of determining the amount available to be withdrawn from the Reserve Account to pay the Class A-4 Interest Payment Amount, the Class A-4 Interest Rate will be calculated at the fixed swap rate of 4.49228% per annum.
For purposes of determining the amount available to be withdrawn from the Reserve Account to pay the Class A-4 Interest Payment Amount, the Class A-4 Interest Rate will be calculated at the fixed swap rate of [ ]% per annum.

Class A-4 Interest Payment Amount. On any Payment Date, the amount equal to (i) the aggregate Accrued Note Interest on the Class A-4 Notes during the related Interest Accrual Period, reduced by the Shortfall Interest Deferred Amount, if any, for such Payment Date in respect of such Class, plus (ii) to the extent the remaining Available Distribution Amount is sufficient for the payment thereof, the Accrued Shortfall Interest Carry Forward Amount, if any, for such Payment Date in respect of such Class.

Class A-4 Interest Payment Amount means, for any Payment Date, an amount equal to the product of (x) 1/12, (y) the Class A-4 Note Rate and (z) the Class A-4 Note Balance as of such Payment Date (without giving effect to any payments to be made on such Payment Date).

Interest Payment Amount means, for a Class of Notes and any Payment Date, the Interest Accrual Amount for that Class of Notes, less any Modification Loss Amount for that Payment Date allocated to reduce the Interest Payment Amount for that Class of Notes.
Fixed Rate Interest Payment Date has the meaning set forth in Section 2.5(b)(i) hereof.
Floating Rate Interest Payment Date has the meaning set forth in Section 2.5(b)(ii) hereof.
Floating Interest Payment Date means March 30, June 30, September 30 and December 30 of each year, beginning June 30, 2027.
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;