Class B Unpaid Interest Shortfall definition

Class B Unpaid Interest Shortfall. Any of the Class I-B-1 Unpaid Interest Shortfall, Class I-B-2 Unpaid Interest Shortfall, Class I-B-3 Unpaid Interest Shortfall, Class I-B-4 Unpaid Interest Shortfall, Class I-B-5 Unpaid Interest Shortfall, Class I-B-6 Unpaid Interest Shortfall, Class II-B-1 Unpaid Interest Shortfall, Class II-B-2 Unpaid Interest Shortfall, Class II-B-3 Unpaid Interest Shortfall, Class II-B-4 Unpaid Interest Shortfall, Class II-B-5 Unpaid Interest Shortfall or Class II-B-6 Unpaid Interest Shortfall.
Class B Unpaid Interest Shortfall. As to any Distribution Date, the --------------------------------- amount of the Class B Interest Shortfall for the immediately preceding Distribution Date.

Examples of Class B Unpaid Interest Shortfall in a sentence

  • I-12 Class B Unpaid Interest Shortfall..................................................................


More Definitions of Class B Unpaid Interest Shortfall

Class B Unpaid Interest Shortfall. As to any Distribution Date, the amount, if any, by which the aggregate of Class B Interest Shortfalls for prior Distribution Dates exceeds the aggregate of the amounts distributed on prior Distribution Dates to Holders of the Class B Certificates in respect of Class B Interest Shortfalls. For purposes of determining whether amounts distributable in respect of Class B Unpaid Interest Shortfalls were actually distributed on any particular Distribution Date, the distribution on such Distribution Date shall be allocated, first, to the amount specified in clause (a) of the definition of "Class B Interest Requirement", second, to any interest due on any Class B Unpaid Interest Shortfall, and, third, to any Class B Unpaid Interest Shortfall.
Class B Unpaid Interest Shortfall. For any Distribution Date, the sum of the Class B Subclass Unpaid Interest Shortfalls.
Class B Unpaid Interest Shortfall. As to any Distribution Date, the --------------------------------- amount, if any, by which the aggregate of the Class B Interest Shortfalls for prior Distribution Dates exceeds all prior distributions made pursuant to Section 5.02 in respect of prior Class B Interest Shortfalls, plus accrued interest thereon (to the extent payment thereof is legally permissible) at the Class B Pass-Through Rate on such amount with respect to such prior Distribution Dates.
Class B Unpaid Interest Shortfall. Any of the Class I-B-1 Unpaid Interest Shortfall, Class I-B-2 Unpaid Interest Shortfall, Class I-B-3 Unpaid Interest Shortfall, Class I-B-4 Unpaid Interest Shortfall, Class I-B-5 Unpaid Interest Shortfall, Class I-B-6 Unpaid Interest Shortfall, Class II-B-1 Unpaid Interest Shortfall, Class II-B-2 Unpaid Interest Shortfall, Class II-B-3 Unpaid Interest Shortfall, Class II-B-4 Unpaid Interest Shortfall, Class II-B-5 Unpaid Interest Shortfall, Class II-B-6 Unpaid Interest Shortfall, Class III-B-1 Unpaid Interest Shortfall, Class III-B-2 Unpaid Interest Shortfall, Class III-B-3 Unpaid Interest Shortfall, Class III-B-4 Unpaid Interest Shortfall, Class III-B-5 Unpaid Interest Shortfall, Class III-B-6 Unpaid Interest Shortfall, Class IV-B-1 Unpaid Interest Shortfall, Class IV-B-2 Unpaid Interest Shortfall, Class IV-B-3 Unpaid Interest Shortfall, Class IV-B-4 Unpaid Interest Shortfall, Class IV-B-5 Unpaid Interest Shortfall or Class IV-B-6 Unpaid Interest Shortfall.

Related to Class B Unpaid Interest Shortfall

  • Class B-6 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-6 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-first of Section 4.01(a).

  • Class A Unpaid Interest Shortfall As to any Distribution Date and any Class of Class A Certificates, the amount, if any, by which the aggregate of the Class A Interest Shortfall Amounts for such Class for prior Distribution Dates is in excess of the amounts distributed in respect of such Class on prior Distribution Dates pursuant to Paragraph second of Section 4.01(a).

  • Class B-5 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-5 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-5 Certificates on prior Distribution Dates pursuant to Paragraph eighteenth of Section 4.01(a).

  • Class B-4 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-4 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-4 Certificates on prior Distribution Dates pursuant to Paragraph fifteenth of Section 4.01(a).

  • Class Unpaid Interest Shortfall As to any Distribution Date and each interest-bearing Class, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of interest actually distributed on such Class on such prior Distribution Dates pursuant to clause (ii) of the definition of "Interest Distribution Amount."