Deferred Amount definition

Deferred Amount. With respect to any Distribution Date and each Class of the Subordinate Certificates, the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amount thereof exceeds (y) the sum of (1) the aggregate of amounts previously reimbursed in respect thereof and (2) the amount by which the Class Principal Amount of such Class has been increased due to any Subsequent Recovery.
Deferred Amount. With respect to any Distribution Date and each Certificate, the aggregate of Applied Loss Amounts previously applied in reduction of the Certificate Principal Amount thereof, less any amounts previously reimbursed in respect thereof.
Deferred Amount. For any Class of Class M or Class B Certificates and any Distribution Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the aggregate of amounts previously paid in reimbursement thereof.

Examples of Deferred Amount in a sentence

  • If the Net Deferred Amount Payment is a positive number, such payment shall represent an amount due from DKTS to Citi and if the Net Deferred Amount Payment is a negative number, such payment shall represent an amount due from Citi to DKTS and, in each case, shall be subtracted in the calculation of the Monthly True-Up Amount.


More Definitions of Deferred Amount

Deferred Amount means an amount of Compensation deferred under the Plan and carried during the deferral period in any Account provided for in the Plan.
Deferred Amount. For any Class of Group IV Subordinate Certificates (other than the Class IV-X Certificates) and Distribution Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the aggregate of amounts previously paid in reimbursement thereof.
Deferred Amount. For any Class of Subordinate Notes and Payment Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the aggregate of amounts previously paid in reimbursement thereof.
Deferred Amount means the amount deferred pursuant to Section 4.02.
Deferred Amount. With respect to any Distribution Date and each Group 1 Senior Certificate, the aggregate Applied Loss Amounts allocable to Pool 1 previously applied in reduction of the Certificate Principal Amount thereof, less (i) any amounts previously reimbursed in respect thereof and (ii) the amount by which the Certificate Principal Amount of such Group 1 Senior Certificate has been increased due to Subsequent Recoveries. With respect to any Distribution Date and each Group 2 Senior Certificate, the aggregate Applied Loss Amounts allocable to Pool 2 previously applied in reduction of the Certificate Principal Amount thereof, less (i) any amounts previously reimbursed in respect thereof and (ii) the amount by which the Certificate Principal Amount of such Group 2 Senior Certificate has been increased due to Subsequent Recoveries. With respect to any Distribution Date and each Offered Subordinate Certificate, the aggregate Applied Loss Amounts previously applied in reduction of the Certificate Principal Amount thereof, less (i) any amounts previously reimbursed in respect thereof and (ii) the amount by which the Certificate Principal Amount of such Offered Subordinate Certificate has been increased due to Subsequent Recoveries.
Deferred Amount means any amount payable in terms of a credit agreement the payment of which is deferred and upon which interest is calculated, or any fee, charge or increased price is payable by reason of the deferment, and
Deferred Amount. With respect to any Distribution Date and each Certificate (other than the Class 2-A4 Certificate), the aggregate of Pool 1 Applied Loss Amounts or Pool 2 Applied Loss Amounts, as applicable, previously applied in reduction of the Certificate Principal Amount thereof, less (i) any amounts previously reimbursed in respect thereof and (ii) the amount by which the Certificate Principal Amount of such Certificate has been increased due to Subsequent Recoveries; provided, however, that any Applied Loss Amounts allocated to any class of Guaranteed Certificates will not be Deferred Amounts to the extent they are paid by the Certificate Insurer as part of Guaranteed Distributions; provided, further, that any Class of Senior Certificates that is entitled to Deferred Amounts will accrue monthly interest on such Deferred Amounts at the related Certificate Interest Rate, but no Class M Certificate will accrue interest on any Deferred Amount.