Amortization Asset Value definition
Amortization Asset Value. = A + B + C - D where: A The aggregate Amortization True Loan Balance of each Loan in the Portfolio B The amount of any cash standing to the GDA Account (exclusive of any Revenue Receipts up to the Calculation Date not otherwise applied) C Outstanding principal amount of any Substitution Assets D Product of:
Amortization Asset Value has the meaning given in Schedule 3 (Amortization Test) to the Guarantor Agreement;