CLASS C OVERDUE INTEREST definition

CLASS C OVERDUE INTEREST means, for any Payment Date, the excess, if any, of (a) the aggregate amount of Class C Monthly Interest payable on all prior Payment Dates over (b) the aggregate amount of interest actually paid to the Class C Noteholders on all prior Payment Dates.
View Source
CLASS C OVERDUE INTEREST. With respect to any Payment Date, the sum of:
View Source
CLASS C OVERDUE INTEREST with respect to any Payment Date, the excess, if any, of (a) the aggregate amount of [Class C] Monthly Interest due on all prior Payment Dates over (b) the aggregate amount of [Class C] Monthly Interest (from whatever source) actually paid to [Class C] Noteholders on all prior Payment Dates.
View Source

Related to CLASS C OVERDUE INTEREST

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Class A Interest Each of the Class A-1 and Class A-2 Interests.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Class C Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).