MONTHLY INTEREST SHORTFALL

MONTHLY INTEREST SHORTFALL. Shall be calculated for each monthly payment date and shall mean the product of (1) the prepaid principal balance of the Loan divided by 12, and (2) the positive result, if any, from (A) the rate on the U.S. Treasury Security rate used as the index to compute the Contract Interest Rate on the Loan minus (B) the Replacement Treasury Rate. GECC and Borrower acknowledge and agree that the U.S. Treasury Security rate used as the index to compute the Contract Interest Rate on the Loan is 5.0794% per... annum. View More