First Interest Date definition
First Interest Date means 12 October 2018.
Interest Date means, with respect to any given calendar month, the first Trading Day of such calendar month.
RFR Interest Day has the meaning specified in the definition of “Daily Simple RFR”.
Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;
Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.
Daily Interest Amount means an amount calculated by multiplying the Daily Loan Balance of a Loan by the associated Daily Interest Rate on that Loan.