Principal Available Amount definition

Principal Available Amount means on a Calculation Date an amount equal to the aggregate of (without double counting):
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Principal Available Amount means, on each Calculation Date, an amount equal to the sum of:
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Principal Available Amount means on a Calculation Date an amount equal to the aggregate of (without double counting): (i) the amount of Principal Receipts received during the previous calendar month; (ii) any amounts of principal received from any Substitution Asset (not forming part of the Interest Available Amount); (iii) the principal amount of any Transferred Collateral in the form of cash (other than pursuant to a Swap Agreement) received during the previous calendar month; (iv) any amount required to be transferred to the CBC Account in accordance with item (i) of the CBC Priority of Payments. For the purpose of determining such amount this item
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Examples of Principal Available Amount in a sentence

  • Following the service of an Issuer Acceleration Notice and a Notice to Pay (but prior to a CBC Acceleration Notice), pursuant to the Trust Deed, the Interest Available Amount and the Principal Available Amount (less any amounts payable to third parties incurred by the CBC in its ordinary course of its business, which may be paid on each day by the CBC) will be applied in accordance with the Post Issuer Acceleration Notice Priority of Payments on each CBC Payment Date, which date will occur monthly.

  • The proceeds from any such sale or refinancing will form part of the Principal Available Amount which will together with the Interest Available Amount be applied in accordance with the CBC Priority of Payments (or, if a CBC Acceleration Notice has been served, the Post CBC Acceleration Notice Priority of Payments).

  • On each Note Payment Date the amounts credited to the relevant IC Loan Principal Deficiency Ledger as item (f) of the Asset Purchaser Interest Priority of Payments will form part of the Asset Purchaser Principal Available Amount.

  • Following the service of an Issuer Acceleration Notice and a Notice to Pay (but prior to a CBC Acceleration Notice), pursuant to the Trust Deed, the Interest Available Amount and the Principal Available Amount (less any amounts payable to third parties incurred by the CBC in its ordinary course of business, which may be paid on each day by the CBC) will be applied in accordance with the CBC Priority of Payments on each CBC Payment Date, which date will occur monthly.

  • Principal Payments after a Trigger EventAfter the occurrence of a Trigger Event and before delivery of an Enforcement Notice or an Asset Purchaser Enforcement Notice in respect of such Asset Purchaser, the Asset Purchaser Principal Available Amount will be applied by the relevant Asset Purchaser on the immediately succeeding Note Payment Date in or towards satisfaction of principal due under the relevant IC Loans until fully repaid.

  • In addition, there is disparity for having a colectomy: patients who had a surgeon-performed colonoscopy or had a colonoscopy performed in the Midwestern or Southern region appear more likely to undergo colectomy.

  • Deputy Director, Centre for Tax Policy and Administration, OECD) said that was a question for the members of the Committee of Experts on International Cooperation in Tax Matters, rather than OECD.

  • If the Pro-rata Condition is not satisfied, the Issuer Pass-through Principal Available Amount plus any Reserved Ledger Repayment Debit in respect of Pass-through Notes will be applied to redeem the Pass-through Notes on a sequential basis.

  • On each Quarterly Payment Date, the Issuer will pay to the Currency Swap Counterparty the CHF Remaining Swap Amount and the CHF Principal Available Amount.

  • Any post-foreclosure payments made by a Borrower in respect of such Mortgage Loan (if any) will subsequently not form part of the Notes Interest Available Amount or the Notes Principal Available Amount and any such amounts will be paid out to the Seller.


More Definitions of Principal Available Amount

Principal Available Amount means on a Calculation Date an amount equal to the aggregate of (without double counting): (i) the amount of Principal Receipts received during the previous calendar month; (ii) any amounts of principal received from any Substitution Asset (not forming part of the Interest Available Amount); (iii) the principal amount of any Transferred Collateral in the form of cash (other than pursuant to a Swap Agreement) received during the previous calendar month; (iv) any amount required to be transferred to the CBC Account in accordance with item (i) of the CBC Priority of Payments. For the purpose of determining such amount this item (iv) will not be included in the Principal Available Amount for determining the amount available for application to such item (i); (v) all amounts in respect of principal (if any) received or to be received by the CBC under the Transaction Documents (other than any Swap Collateral Amounts posted under the Swap Agreements) on the relevant CBC Payment Date (or in the CBC Payment Period immediately preceding the relevant CBC Payment Date but excluding the preceding CBC Payment Date); (vi) any amounts received in the preceding calendar month as Excess Proceeds, to the extent such proceeds do not relate to interest; (vii) any amounts reserved on the immediately preceding CBC Payment Date to the extent not applied towards payment in respect of the relevant Series of Covered Bonds or the relevant Swap Agreement or towards a higher ranking item than payment in respect of the relevant Series of Covered Bonds or the relevant Swap Agreement in the CBC Priority of Payments prior to the relevant CBC Payment Date to the extent relating to principal; and (viii) as amounts released from the Construction Account on the preceding CBC Payment Date from the credit balance of the Construction Account in cases where the relevant Construction Deposit is paid to the relevant Borrower by means of set-off with the Mortgage Receivables.
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Principal Available Amount means on a Calculation Date an amount equal to the aggregate of (without double counting): (i) the amount of Principal Receipts received during the previous calendar month; (ii) any amounts of principal received from any Substitution Asset (not forming part of the Interest Available Amount);
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Principal Available Amount means, on any Quarterly Payment Date, the sum of the amounts set out in items (a) up to and including (h) as being received or deposited during the immediately preceding Quarterly Calculation Period and 'Notes Redemption Available Amount' shall mean, on any Quarterly Payment Date, the sum of the amounts set out in items (a) up to and including (k) as being received or deposited during the immediately preceding Quarterly Calculation Period:
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Related to Principal Available Amount

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Available Balance means, in relation to any Account, the aggregate of:

  • Excess Available Funds Percentage means, with respect to any Transfer Date, the amount, if any, by which the Portfolio Yield for the preceding Monthly Period exceeds the Base Rate for such Monthly Period.

  • Principal Distributable Amount means, with respect to any Distribution Date, the amount equal to the excess, if any, of (x) the sum of (i) the principal portion of all Collected Funds received during the immediately preceding Collection Period (other than Liquidated Receivables and Purchased Receivables), (ii) the Principal Balance of all Receivables that became Liquidated Receivables during the related Collection Period (other than Purchased Receivables), (iii) the principal portion of the Purchase Amounts received with respect to all Receivables that became Purchased Receivables during the related Collection Period, (iv) the aggregate amount of Cram Down Losses that shall have occurred during the related Collection Period; and (v) following the acceleration of the Notes pursuant to Section 5.2 of the Indenture, the amount of money or property collected pursuant to Section 5.4 of the Indenture since the preceding Determination Date by the Trust Collateral Agent for distribution pursuant to Section 5.7 hereof over (y) the Step-Down Amount, if any, for such Distribution Date.

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Class A Principal Distributable Amount means, for any Distribution Date: (A) during the Revolving Period, zero; and (B) during the Amortization Period, an amount equal to the lesser of: (i) Available Funds remaining after payment of the amounts set forth in clauses (i) through (iv) of Section 5.08(a) hereto and (ii) the Class A Note Balance; provided, however, on the Class A Stated Final Maturity Date, the Class A Principal Distributable Amount will equal the Class A Note Balance.

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Class B Principal Distributable Amount means, for any Distribution Date: (A) during the Revolving Period, zero; and (B) during the Amortization Period, an amount equal to the lesser of: (i) the positive difference of (x) Available Funds remaining after payment of the amounts set forth in clauses (i) through (iv) of Section 5.08(a) hereto minus (y) the Class A Principal Distributable Amount and (ii) the Class B Note Balance; provided, however, on the Class B Stated Final Maturity Date, the Class B Principal Distributable Amount will equal the Class B Note Balance.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Specified Overcollateralization Amount means for any Distribution Date, the greater of:

  • Amount Available means, as to any Remittance Date, an amount equal to

  • Available Spread Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Spread Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Spread Account made or to be made with respect to such date) and (b) the Required Spread Account Amount, in each case on such Transfer Date.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.