Assumed Interest Amount

Assumed Interest Amount. With respect to any Note and with respect to any Registration Default Period, an amount equal to the amount of interest which would accrue on such Note during such Registration Default Period at a rate equal to: (a) during the first 90 days of such Registration Default period, the rate of interest payable on such Note pursuant to the terms of such Note and the Indenture, plus 0.25%, and (b) during each subsequent 90-day period of such... Registration Default Period, the rate of interest utilized in calculating the Assumed Interest Amount with respect to the prior 90 days of such Registration Default Period, plus an additional 0.25%. View More