B-2 Guaranty Payment definition

B-2 Guaranty Payment means, as to any Payment Date, the amount, if any, by which (a) the sum of the Class HE: B-2 Total Formula Distribution Amount and the Class HE: B-2 Liquidation Loss Principal Amount exceeds (b) the Class HE: B-2 Total Distribution Amount.
Sample 1Sample 2
B-2 Guaranty Payment. As to any Distribution Date, the amount, if any, by which (a) the sum of the Class HE: B-2 Total Formula Distribution Amount and the Class HE: B-2 Liquidation Loss Principal Amount exceeds (b) the Class HE: B-2 Total Distribution Amount; provided that the Class HE: B-2 Guaranty Payment shall not exceed the amount necessary to reduce the Class HE: B-2 Principal Balance to zero.
Sample 1

Examples of B-2 Guaranty Payment in a sentence

  • Any Class B-2 Guaranty Payment shall be distributable to Class B-2 Certificateholders pursuant to Section 8.01.

  • Not later than the Business Day preceding each Payment Date, the Company shall deposit the Class B-2 Guaranty Payment, if any, for such Payment Date into the Certificate Account.

  • No later than the third Business Day prior to each Payment Date, the Servicer (if other than the Company) shall notify the Company of the amount of the Class B-2 Guaranty Payment (if any) for such Payment Date.

  • No later than the Determination Date, the Servicer (if other than the Company) shall notify the Company of the amount of the Class B-2 Guaranty Payment (if any) for the related Payment Date.

  • Such a proposal would prevent Class 1 to Class 3 98 Per ASME B31.8S, section 7.2, an “immediate” condition is one where an indication shows a defect is at a failure point.

  • Not later than the Business Day preceding each Payment Date, the Guarantor shall deposit the Class B-2 Guaranty Payment, if any, for such Payment Date into the Certificate Account.

  • Correspondence Address: Elisabeth Dedman, Warwick Business School, University of Warwick, Coventry, UK.

  • The principal then returns output tax on the tax invoice issued to the agent.

  • Not later than the Business Day preceding each Payment Date, the Company shall deposit the Class HI: B-2 Guaranty Payment, if any, for such Payment Date into the Certificate Account.

  • If the Servicer determines that the total amount of funds in the Certificate Account so reported by the Trustee (after giving effect to the withdrawal of the Sub-Pool HE Amount Available and any Class HE: B-2 Guaranty Payment for the related Payment Date) will be sufficient to pay in full any Class HE: M-1 Interest Deficiency Amount, Class HE: M-2 Interest Deficiency Amount and Class HE: B-1 Interest Deficiency Amount, the Servicer shall so indicate on the Monthly Report.

Related to B-2 Guaranty Payment

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Guaranty of Payment means each Guaranty of Payment executed and delivered on or after the Closing Date in connection with this Agreement by the Guarantors of Payment, as the same may from time to time be amended, restated or otherwise modified.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Guaranty Supplement has the meaning specified in Section 8.05.

  • Subsidiary Guaranty means the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Payment Agreement means a written agreement which provides

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Guaranteed Interest Rate is the effective annual interest rate we will credit for a specified Guarantee Period. The Guaranteed Interest Rate will never be less than the minimum shown in the Schedule.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guaranty Obligation has the meaning specified in the definition of "Contingent Obligation."

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Delta Payment means as it is described in this Agreement.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • Grenfell Tower support payment means a payment made to a person because that person was affected by the fire on 14th June 2017 at Grenfell Tower, or a payment to the personal representative of such a person—