Class A Amortisation Amount definition

Class A Amortisation Amount means, for any Series of Class A Notes, an amount calculated as follows:
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Class A Amortisation Amount in respect of the Class A Notes: (i) on a Payment Date falling during the Revolving Period, zero or (ii) on any Payment Date falling after the end of the Revolving Period, the Class A Principal Payment Amount.
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Class A Amortisation Amount means, at any time:
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Examples of Class A Amortisation Amount in a sentence

  • Order of Priority On each Payment Date, to the extent of the respective Available Distribution Amount in accordance with the Order of Priority of distributions set forth below, the Issuer will pay to the holders of any Series of Class A Notes which are an Amortising Series of Class A Notes an aggregate amount in respect of principal equal to the Class A Amortisation Amount.

  • The Retained Profit Amount will rank in the applicable Order of Priority above the payments of interest and principal of the Subordinated Loan but below payments of interest on the Notes, the payment of the Class A Amortisation Amount or the Class B Amortisation Amount, as applicable, and any payment of amounts due and payable to a Swap Counterparty under any Swap Agreement.

  • Order of Priority On each Payment Date, to the extent of the respective Available Distribution Amount in accordance with the Order of Priority of distributions set forth below, the Issuer will pay to the holders of any Series of Class A Notes which are an Amortising Series an aggregate amount in respect of principal equal to the Class A Amortisation Amount.

  • The Issuer shall have no assets available for payment of the Senior Coupon Payments and the Junior Coupon Payments, the Capital Payments and the Class A Amortisation Amount other than Available Distribution Funds actually received and available for use by the Issuer prior to the applicable Payment Date.

  • On each Payment Date during the period from (and including) the Issue Date to (but excluding) the Scheduled Redemption Date, (or, if earlier, until the Class A Notes have been redeemed in full), the Issuer shall pay, in redemption of the Outstanding Principal Amount of the Class A Notes, the amount (the "Class A Amortisation Amount") corresponding to such date as specified in the Class A Amortisation Schedule.

  • Any payments of the Class A Amortisation Amount so deferred will not earn interest.

  • On each Payment Date, the Issuer shall, subject to Condition 5(d), pay to each holder of a Class A Note interest at the Class A Notes Interest Rate on the Series Nominal Amount outstanding immediately prior to the relevant Payment Date, and on each Payment Date the Class A Note qualifies as an Amortising Series of Class A Notes, the Class A Amortisation Amount applicable to such Series of Class A Notes in accordance with the Order of Priority.

  • The Issuer shall have no assets available for payment of the Class A Amortisation Amount other than Available Distribution Funds actually received and available for use by the Issuer prior to the applicable Payment Date.


More Definitions of Class A Amortisation Amount

Class A Amortisation Amount means, (a) with reference to the Class A1 Notes, the Class A1 Amortisation Amount, (b) with reference to the Class A2 Notes, the Class A2 Amortisation Amount, (c) with reference to the Class A3 Notes, the Class A3 Amortisation Amount, (d) with reference to the Class A4 Notes, the Class A4 Amortisation Amount, and (e) with reference to the Class A5 Notes, the Class A5 Amortisation Amount.
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Class A Amortisation Amount means on any Notes Payment Date the repayment amount necessary to reduce the Principal Amount Outstanding of the Class A Notes to the Class A Targeted Note Balance.
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Class A Amortisation Amount means, with reference to each Payment Date falling on or after the Initial Amortisation Date, an amount equal to the lower of: (a) the Principal Amortisation Amount calculated in respect of such Payment Date, and (b) the Principal Amount Outstanding of the Class A Notes on such Payment Date (before payments made in accordance with the applicable Order of Priority). CLASS B AMORTISATION AMOUNT
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Class A Amortisation Amount means collectively the Class A1 Amortisation Amount and the Class A2 Amortisation Amount.
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Related to Class A Amortisation Amount

  • Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.

  • Certificate Interest Distributable Amount means, with respect to any Payment Date, the sum of the Certificate Monthly Interest Distributable Amount for such Payment Date and the Certificate Interest Carryover Shortfall for such Payment Date.

  • Class B Noteholders’ Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period on the Class B Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this Agreement and the Basic Documents, interest with respect to all Class B Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of: · the Outstanding Principal Balance of the Class B Notes; · the Class B Interest Rate; and · 30 (or, in the case of the initial Payment Date, 26) divided by 360.