Supplemental Amount definition
Supplemental Amount. The amount deposited in the Supplemental Loan Account on the Closing Date, which shall equal $0.00.
Supplemental Amount. The amount deposited in the Supplemental Loan Account on the Closing Date, which shall equal $0.00, of which $0.00 shall be allocated to purchase Supplemental Mortgage Loans for Loan Group 1 (the "Loan Group 1 Supplemental Loan Amount") and $0.00 shall be allocated to purchase Supplemental Mortgage Loans for Loan Group 3 (the "Loan Group 3 Supplemental Loan Amount").
Supplemental Amount. Supplemental Loan Account", "Supplemental Mortgage Loan", "Supplemental Transfer Agreement" and "Supplemental Transfer Date" shall be of no force or effect and all provisions herein related thereto shall similarly be of no force or effect.
Examples of Supplemental Amount in a sentence
On the Closing Date the Seller shall remit the Supplemental Amount to the Trustee for deposit in the Supplemental Loan Account.
On the Closing Date Countrywide shall remit the Supplemental Amount to the Trustee for deposit in the Supplemental Loan Account.
The remaining funds shall be transferred to the Distribution Account to be included as part of principal distributions to the Class PO Certificates, to the extent of the Remaining PO Supplemental Amount and to the other Classes of Certificates, to the extent of the Remaining Non-PO Supplemental Amount, as applicable.
The remaining funds shall be transferred to the Distribution Account to be included as part of principal distributions to the Class PO Certificates, to the extent of the Remaining PO Supplemental Loan Amount and to the other Classes of Certificates, to the extent of the Remaining Non-PO Supplemental Amount, as applicable.
Based on the information provided in the submitted annual business plan, the Banks may determine, in their sole and absolute discretion, the amount of the Supplemental Amount (if any) for such current Fiscal Year; provided that, any determination of the Supplemental Amount shall require the consent of all Banks (in their sole and absolute discretion).
More Definitions of Supplemental Amount
Supplemental Amount. With respect to each Mortgage Loan, an amount equal to the Disbursement Amount less the Purchase Price.
Supplemental Amount means, as at the end of any fiscal quarter of the Borrower in respect of which a determination thereof is being or to be made, the Dollar amount (if a positive number), if any, which is equal to the product of (x) the remainder obtained by subtracting $3,800,000,000 from the Consolidated Net Worth of the Borrower as at the end of such fiscal quarter, multiplied by (y) .
Supplemental Amount means, for each of the periods set forth below, the following amounts (unless reconsidered pursuant to Section 8.08(i), in which case, such reconsidered amount): Period Supplemental Amount ------------------------------------------------------- ------------------- Effective Date through and including August 30, 2003 $ 6,000,000 August 31, 2003 through and including February 28, 2004 $ 0 February 29, 2004 through and including April 3, 2004 $ 2,000,000 April 4, 2004 through and including May 1, 2004 $ 9,000,000 May 2, 2004 through and including May 29, 2004 $18,000,000 May 30, 2004 through and including June 3, 2004 $13,000,000 July 4, 2004 through and including July 31, 2004 $ 8,000,000 August 1, 2004 through and including August 28, 2004 $ 6,000,000 From August 29, 2004 through and including the The Revolving Credit Termination Date $ 0
Supplemental Amount means (x) if the value of the consideration received per share of Common Stock in a Reorganization Event, as determined by the Calculation Agent (the "Consideration Amount"), is greater than the Threshold Price, the Consideration Amount minus the Threshold Price, (y) if the Consideration Amount is less than the Reference Price, the Consideration Amount minus the Reference Price and (z) if the Consideration Amount is less than or equal to the Threshold Price and greater than or equal to the Reference Price, zero (0).
Supplemental Amount. The amount deposited in the Supplemental Loan Account on the Closing Date, which shall equal $92,626,271.07, of which $60,314,962.86 shall be allocated to purchase Supplemental Mortgage Loans for Loan Group 1 (the "Loan Group 1 Supplemental Loan Amount"), $25,255,522.84 shall be allocated to purchase Supplemental Mortgage Loans for Loan Group 2 (the "Loan Group 2 Supplemental Loan Amount") and $7,055,785.37 shall be allocated to purchase Supplemental Mortgage Loans for Loan Group 3 (the "Loan Group 3 Supplemental Loan Amount").
Supplemental Amount means an amount expressed in terms of dollars equal to the sum of (i) 3% of the amount, if any, of the reduction in the Eligible Employee's compensation elected by the Eligible Employee under the Option Plan (but only to the extent that absent such reduction election such reduced amounts would have been paid to the Eligible Employee after becoming an Eligible Employee hereunder) and (ii) 3% of the amount, if any, of the Eligible Employee's compensation received for the Year that is not included as compensation under the 401(k) Plan solely on account of the limitation on the amount of compensation that can be taken into account under the 401(k) Plan for such Year under Section 401(a)(17) of the Code (but only to the extent such excess compensation amount is paid to the Eligible Employee after becoming an Eligible Employee hereunder). In the event the 401(k) Plan is amended to change the percentage of compensation that represents the maximum matching contribution permitted under the 401(k) Plan (currently 3% of compensation), then the figure "3%" in each place it appears in the preceding sentence shall be deemed to instead be such revised percentage under the 401(k) Plan effective as of the effective date of such amendment to the 401(k) Plan.
Supplemental Amount means, as at the end of any fiscal quarter of the Borrower in respect of which a determination thereof is being or to be made, the Dollar amount (if a positive number), if any, which is equal to the product of (x) the remainder obtained by subtracting $2.25 billion from the Consolidated Net Worth of the Borrower as at the end of such fiscal quarter, multiplied by (y) .