Excess Amortization Amount definition
Excess Amortization Amount means, with respect to any Payment Date, the Excess Allocation Percentage of the Available Funds for such Payment Date remaining after giving effect to the distributions in clauses (A) through (E) of Section 8.6(i) of the Indenture on such Payment Date; provided, that the Excess Amortization Amount as of any Payment Date shall not exceed the Outstanding Principal Balance as of such Payment Date (calculated after giving effect to the payments on such Payment Date contemplated by clauses (A) through (E) of Section 8.6(i) of the Indenture).
Excess Amortization Amount means, with respect to any Payment Date, the Excess Allocation Percentage of the Available Funds for such Payment Date remaining after giving effect to the distributions in clauses (A) through (F) of Section 8.6(i) of the Indenture on such Payment Date; provided, that the Excess Amortization Amount as of any Payment Date shall not exceed the Outstanding Principal Balance as of such Payment Date (calculated after giving effect to the payments on such Payment Date contemplated by clauses (A) through (F) of Section 8.6(i) of the Indenture).
Excess Amortization Amount means, with respect to any Payment Date, an amount equal to the product of the Excess Allocation Percentage and the Available Funds for such Payment Date remaining after giving effect to the distributions in clauses (A) through (E) of Section 8.06(i) of the Indenture on such Payment Date; provided that the Excess Amortization Amount as of any Payment Date shall not exceed the Outstanding Principal Balance of the Notes as of such Payment Date (calculated after giving effect to the payments on such Payment Date contemplated by clauses (A) through (E) of Section 8.06(i) of the Indenture); provided, further, and for the avoidance of doubt, if, on any Payment Date, any Excess Amortization Amount is payable to the Noteholders pursuant to Section 8.06(i)(G)(1)(a) of the Indenture, it is payable only if paid pari passu and pro rata with any amounts then payable to the Hedge Counterparties under Section 8.06(i)(G)(2) of the Indenture.
More Definitions of Excess Amortization Amount
Excess Amortization Amount means with respect to any outstanding Notes of any Class other than Class A, the excess amortization amount specified in the related Series Supplement.