Adjustment Amount definition

Adjustment Amount. For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.
Adjustment Amount. For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and Class B Principal Balance as of the Determination Date succeeding such Distribution Date, (ii) the principal portion of Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Certificates with respect to such Distribution Date and (iii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.
Adjustment Amount. With respect to the Special Hazard Loss Coverage Amount and, with respect to each anniversary of March 1, 2006, the amount, if any, by which the Special Hazard Loss Coverage Amount (without giving effect to the deduction of the Adjustment Amount for such anniversary) exceeds the greatest of (x) the product of 1% and the outstanding principal balance of all the Mortgage Loans on the Distribution Date immediately preceding such anniversary, (y) the outstanding principal balance of Mortgage Loans secured by Mortgaged Properties in the highest California zip code concentration on the Distribution Date immediately preceding such anniversary, and (z) twice the outstanding principal balance of the Mortgage Loan which has the largest outstanding principal balance on the Distribution Date immediately preceding such anniversary.

Examples of Adjustment Amount in a sentence

  • ArchivePursuant to the Ontario Government’s legislative amendments in Bill 100, the following charge typeswere added for settlement of Ontario Power Generation (“OPG”) prescribed nuclear assets:• Regulated Nuclear Generation Adjustment Amount (charge type 144); and• Regulated Nuclear Generation Balancing Amount (charge type 194).The Regulated Nuclear Generation Adjustment Amount is an amount, either positive or negative, charged or paid to OPG, as required by Bill 100.

  • Pursuant to the Ontario Government’s legislative amendments in Bill 100, the following charge typeswere added for settlements OPG prescribed hydroelectric assets:• Regulated Hydroelectric Generation Adjustment Amount (charge type 145); and• Regulated Hydroelectric Generation Balancing Amount (charge type 195).The Regulated Hydroelectric Generation Adjustment Amount is an amount, either positive or negative, charged or paid to OPG, as required by Bill 100.

  • Within 60 days of the finalization of the Adjustment Amount (if any) pursuant to Section 2.04(e), the Purchaser shall prepare an allocation of the gross purchase price, as so determined, among the undivided interest in the assets of the Company deemed acquired by Purchaser consistent with the foregoing sentence (the “Allocation”).


More Definitions of Adjustment Amount

Adjustment Amount with respect to each anniversary of the Cut-off Date will be equal to the greatest of (i) 1.00% multiplied by the aggregate outstanding Principal Balance of the Mortgage Loans, (ii) the aggregate outstanding Principal Balance of the Mortgage Loans secured by Mortgaged Properties located in the California postal zip code area in which the highest percentage of Mortgage Loans by Principal Balance are located and (iii) twice the outstanding Principal Balance of the Mortgage Loan having the largest outstanding Principal Balance.
Adjustment Amount has the meaning set forth in Section 2.5(c).
Adjustment Amount shall have the meaning set forth in Section 3.02(a).
Adjustment Amount has the meaning set forth in Section 8.1(b)(ii).
Adjustment Amount has the meaning specified in Section 3.4(c).
Adjustment Amount. For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance, Class M Principal Balance and Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance, Class M Principal Balance and Class B Principal Balance as of the Determination Date succeeding such Distribution Date, (ii) the principal portion of Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Certificates with respect to such Distribution Date and (iii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class M Optimal Principal Amount, Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount and Class B-5 Optimal Principal Amount.
Adjustment Amount as defined in Section 2.5.