Examples of Priority Amount in a sentence
This means that, if Variable Proceeds are paid prior to the Maturity Date (for example in case of a dividend payment), there is no calculation of Priority Amount at that moment and the Noteholder shall receive payment of the Variable Proceeds payable at that moment in accordance with the above, but the Net Variable Proceeds so paid shall be taken into account in calculating the total return on the Notes at the Maturity Date.
As an example, if no Variable Proceeds have been paid prior to the Maturity of the Notes, the Priority Amount is calculated by multiplying the Subscription Amount by a rate 1.00013368 [calculated as 1.05 * (1/365) )], which is compounded by the total number of days elapsed between the Closing Date and the Maturity Date.
Section 4.3 Table Headings • Name of Creditor: The Name of Creditor information is pulled in from the Creditor Name field of Schedules D, E or F.• Estimated amount of claim to be paid: The Estimated amount of claim to be paid information is pulled in from the Priority Amount field of Schedule E.
The Existing Lender hereby agrees to postpone the Existing Lender’s Mortgage (and any other rights of the Existing Lender over the Property or the proceeds of sale thereof) to rank in priority after and take effect subject to the Company’s Mortgage as continuing security for the payment to the Company of the Priority Amount, calculated both before and from the date of any demand of payment.
As an example, if no Variable Proceeds have been paid prior to the Maturity of the Notes, the Priority Amount is calculated by multiplying the Subscription Amount by a rate of 1.00013368 [calculated as 1.05(1/365)], which is compounded by the total number of days elapsed between the Closing Date and the Maturity Date.