Class A Interest Shortfall definition

Class A Interest Shortfall shall have the meaning specified in subsection 4.02(a).
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Class A Interest Shortfall shall have the meaning specified in subsection 4.6(a) of the Agreement.
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Class A Interest Shortfall means, as to each Class of Class A Certificates and any Remittance Date, the amount, if any, by which the amount distributed to Holders of such Class of Class A Certificates on such Remittance Date pursuant to Section 8.03(a)(2) is less than the Class A Interest Distribution Amount for such Class.
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Examples of Class A Interest Shortfall in a sentence

  • On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class A Interest Shortfall"), of (x) the Class A Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class A Monthly Interest on such Distribution Date.

  • On the Determination Date preceding each Payment Date, the Servicer shall determine the excess, if any (the "Class A Interest Shortfall") of (x) the aggregate Class A Monthly Interest plus the aggregate Class A Covered Amount for the Interest Period applicable to such Payment Date over (y) the amount which will be on deposit in the Class A Interest Funding Account on such Payment Date.

  • On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class A Interest Shortfall"), -------------------------- of (x) the Class A Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class A Monthly Interest on such Distribution Date.

  • On or before each Distribution Date, the Servicer shall determine the excess, if any (the "Class A Interest Shortfall"), of (x) the Class A Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class A Monthly Interest on such Distribution Date.

  • On the Determination Date preceding each Payment Date, the Servicer shall determine the excess, if any (the "Class A Interest Shortfall"), of (x) the Class A Monthly Interest for the Interest Period applicable to such Payment Date over (y) the aggregate amount of funds allocated and available to pay such ---- Class A Monthly Interest on such Payment Date.


More Definitions of Class A Interest Shortfall

Class A Interest Shortfall shall have the meaning specified in -------------------------- Section
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Class A Interest Shortfall shall have the meaning specified in Section 4.2(a).
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Class A Interest Shortfall means, with respect to any Distribution Date, the excess, if any, as determined by the Servicer, of (i) the amount described in Section 4.04(a)(ii), over (ii) the sum of (a) the aggregate amount of Available Finance Charge Collections allocated and paid for such amounts on such Distribution Date and (b) the Class A Reallocated Principal Amount applied to fund a deficiency in the amount distributed pursuant to Section 4.04(a)(ii) on such Distribution Date.
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Class A Interest Shortfall is defined in Section 2.4.
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Class A Interest Shortfall means, with respect to any Distribution Date, the excess, if any, as determined by the Servicer, of (i) the amount described in Section 4.03(a)(ii) over (ii) the sum of (a) the aggregate amount of Available Finance Charge Collections allocated and paid for such amounts on such Distribution Date and (b) the Reallocated Principal Amount applied to fund a deficiency in the amount distributed pursuant to Section 4.03(a)(ii) on such Distribution Date.
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Class A Interest Shortfall is defined in subsection 4.2(a). -------------------------- -----------------
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Class A Interest Shortfall. As to any Distribution Date, the amount -------------------------- equal to (a) the Class A Interest Formula Distribution Amount for such Distribution Date less (b) the amount of interest distributed to the Class A Certificateholders on such Distribution Date.
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