Replacement Collateral Interest Payment

Replacement Collateral Interest Payment. Means an amount equal to (A) the Replacement Collateral Interest Amount multiplied by (B) a fraction, the numerator of which is the number of days in the period commencing on the most recent interest payment date prior to the Closing Date with respect to such Replacement Collateral and continuing through and including the Closing Date, and the denominator of which is the number of days in the period commencing on the most recent interest payment date prior to the Closing Date with respect to... such Replacement Collateral until the next interest payment date. View More