Total Reduction Amount definition

Total Reduction Amount means the result obtained by multiplying the Average Effective Differential by the number of days in the Determination Period. For the avoidance of doubt, if the Average Effective Differential is less than or equal to zero then the Total Reduction Amount shall be deemed to be zero.
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Total Reduction Amount means, with respect to any Distribution Date, (a) the sum of (i) the Remaining Unfunded Reduction Amount for the related Determination Date plus (ii)(A) for purposes of paragraph (9)(i)(a)(II) under "Priority of Payments—Principal Proceeds", the remaining Principal Proceeds available after the application thereof on such Distribution Date pursuant to paragraphs
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Total Reduction Amount shall have the meaning provided in Section 2.15(a).
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Examples of Total Reduction Amount in a sentence

  • Each DMS Stockholder's stock amount shall be reduced by the amount of shares equal to: the Total Reduction Amount multiplied by such stockholder's percentage interest in Morr▇▇ ▇▇▇nty Direct Mail Services, Inc.

  • If the Average Effective Differential is less than or equal to zero then the Total Reduction Amount shall be deemed to be zero and the Principal Amount of this Note shall not be reduced.


More Definitions of Total Reduction Amount

Total Reduction Amount means, with respect to any Monthly Distribution Date, (a) the sum of (i) the Excess Notional Amount Liquidity for the related Determination Date (taking into account any amounts to be transferred from the Reserve Account to the Payment Account on the related Distribution Date for application in accordance with the Priority of Payments) plus (ii)(A) for purposes of paragraph (4)(a)(III) under “Priority of Payments— Principal Proceeds”, the remaining Principal Proceeds available after the application thereof on such Monthly Distribution Date pursuant to paragraphs (1) through (3) (inclusive) under “Priority of Payments—Principal Proceeds” or (B) for purposes of paragraph (5)(a)(III) under “Priority of Payments—Principal Proceeds”, the remaining Principal Proceeds available after the application thereof on such Monthly Distribution Date pursuant to paragraphs (1) through (4) (inclusive) under “Priority of Payments—Principal Proceeds” multiplied by (b)(i) with respect to any Monthly Distribution Date occurring prior to the last day of the Reinvestment Period, a percentage not exceeding 100% determined by the Collateral Manager in its sole discretion and notified to the Trustee on or prior to the related Determination Date or (ii) otherwise, 100%.
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Related to Total Reduction Amount

  • FX Reduction Amount is defined in Section 2.1.3.

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

  • Appraisal Reduction Amount shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Cumulative Appraisal Reduction Amount As of any date of determination by the Special Servicer, the sum of (i) all Appraisal Reduction Amounts then in effect, and (ii) with respect to any AB Modified Loan, any Collateral Deficiency Amount then in effect. The Certificate Administrator and the Master Servicer shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Cumulative Appraisal Reduction Amount. None of the Master Servicer, the Trustee nor the Certificate Administrator shall calculate or verify any Cumulative Appraisal Reduction Amount.

  • Retention Amount means, in relation to any Retention Date, such sum as shall be the aggregate of: