Lost Amount definition

Lost Amount means, for any Capped Day, the excess of (i) the dollar amount of interest which would have accrued on the amount owing hereunder or under the Bank Bonds on such day pursuant to this Agreement but for this Section and applicable law over (ii) the dollar amount of interest which actually accrued thereon on such day in accordance with this Section and applicable law.
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Examples of Lost Amount in a sentence

  • The Assuming Bank has submitted to the Receiver a First Lost Amount bid, as that term is defined in the Loan Sale Agreements, of $92,899,000.00 for the Assets purchased and Liabilities Assumed hereunder (the "Bid Amount").

Related to Lost Amount

  • Excess Interest Amount means, on any date, the amount by which (i) the amount of all interest which would have accrued prior to such date on the principal of this Note, had the applicable Contract Rate at all times been in effect without limitation by the Maximum Rate, exceeds (ii) the aggregate amount of interest accrued on this Note on or prior to such date as limited by the Maximum Rate.

  • Monthly Excess Interest Amount With respect to each Distribution Date, the amount, if any, by which the Group 1 Interest Remittance Amount and Group 2 Interest Remittance Amount for such Distribution Date exceed the aggregate amount distributed on such Distribution Date pursuant to paragraphs (a) through (c) under Section 4.02(d) hereof, plus interest on the Overcollateralization Amount accrued during the Interest Accrual Period related to that Distribution Date.

  • Writedown Amount The reduction described in Section 5.03(c).

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).