Class D Deferred Interest definition
Class D Deferred Interest. So long as any Class A Notes, Class A-S Notes, Class B Notes or Class C Notes are Outstanding, any interest due on the Class D Notes that is not paid as a result of the operation of the Priority of Payments on any Payment Date.
Class D Deferred Interest means, on any Payment Date, an amount equal to the amount of unpaid interest in respect of the Class D Notes on such Payment Date.
Class D Deferred Interest means, on any Payment Date, the interest deferred on the Class D Notes as set out in Condition 6(c ) (Deferral of Interest).
Examples of Class D Deferred Interest in a sentence
The failure to pay such Class C Deferred Interest, Class D Deferred Interest, Class E Deferred Interest, Class F Deferred Interest or Class G Deferred Interest as a result of the operation of the Priority of Payments will not constitute an Event of Default under this Indenture.
More Definitions of Class D Deferred Interest
Class D Deferred Interest means, collectively, the Class D-1 Deferred Interest and the Class D-2 Deferred
Class D Deferred Interest. The meaning specified in Section 2.7(e) hereof.