Default Amounts definition

Default Amounts means, at any time:
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Default Amounts include, without limitation, (i) late charges, (ii) the excess of any interest that accrued at a default rate over the interest that would have accrued if Lender had not imposed the default rate, (iii) any prepayment penalty, and (iv) any interest that accrued on any of the amounts described in clauses (i) through (iii) of this sentence.
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Default Amounts. All amounts that were added to the balance of the --------------- Secured Obligation by reason of the Loan Default, whether those amounts have been paid or remain unpaid. "Default Amounts" include, without limitation, (i) late charges, (ii) the excess of any interest that accrued at a default rate over the interest that would have accrued if Lender had not imposed the default rate, (iii) any prepayment penalty, and (iv) any interest that accrued on any of the amounts described in clauses (i) through (iii) of this sentence.
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Examples of Default Amounts in a sentence

  • The amount of Reallocated Excess Collateral and Class B Principal Collections applied in respect of Interest Shortfalls, Investor Default Amounts or Investor Charge-Offs for the prior month.

  • In addition, in the event a Contributing Member elects not to fund the Default Amount as a Member Loan, the Default Amount shall bear interest at the same rate that would apply in the case of a Member Loan until paid, and the Company shall withhold and offset any distributions pursuant to Article V that would otherwise be made to the Defaulting Member against the Default Amounts and accrued interest thereon, until the Default Amount plus all accrued and unpaid interest thereon has been paid.

  • Within seven days after the reinstatement date, Lender shall credit the unpaid balance of the Secured Obligation by the Default Amounts.

  • Remediation Units generated through remediation may only be applied in the ecoregion in which the remediation occurred.

  • Any remaining shortfall shall be allocated to each Series ratably based upon a fraction the numerator of which is the Allocation Percentage used by such Series to allocate Default Amounts and the denominator of which is the sum of all such numerators of all Series outstanding (such allocated amount, the "Series Share" of such shortfall).


More Definitions of Default Amounts

Default Amounts means any additional interest payable in respect of the Notes or other Obligations as a result of the applications of the Default Rate pursuant to Section 8.2(c).
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Default Amounts means, with respect to any Defaulted Account, the amount of Principal Receivables (other than Ineligible Receivables) in such Defaulted Account on the day such Account became a Defaulted Account and the words "DEFAULT AMOUNT" shall be construed accordingly;
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Default Amounts means all amounts paid by Tenant or otherwise realized by Landlord as a result of the exercise of Landlord's remedies during the continuance of an Event of Default under the Lease.
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Default Amounts with respect to a Property shall mean all amounts received by Seller in respect of such Property as a result of the exercise of remedies under Section 21 of the Lease or otherwise during the continuance of an Event of Default under the Lease.
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Default Amounts means collectively the Note Default Amounts and the Redemption Default Amounts.
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Default Amounts means all amounts paid by Tenant or otherwise realized by Landlord as a result of the exercise of Landlord's remedies during the continuance of an Event of Default under the Lease. Default Rate. "Default Rate" shall mean the per annum rate equal to the sum of two hundred basis points plus (a) in the case of any payment of Base Rent on any Portion of the Lease Investment Balance after an Event of Default, the Landlord Contribution Rate or the Rent Purchasers Contribution Rate applicable to such Portion immediately prior to such Event of Default, or (b) in the case of any other payment, the Base Rate. Distribution Formula. "Distribution Formula" shall have the meaning set forth in Section 16.4 of the Lease. EBITDA. "EBITDA" shall mean, with respect to Tenant for any period, the sum, determined on a consolidated basis in accordance with GAAP, of the following:
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Default Amounts. Means Billings billed during the relevant Financial
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