Total Reduction Amount definition

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 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 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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Examples of Total Reduction Amount in a sentence

  • Report Example: Total Reduction Amount= $13,844– 2,000 = $11,844 Sum of reduced individual violation calculations (See Violation Calculations in Report).

  • Calculated Fine – [(Calculated Fine – Statutory or Administrative Minimum)x Total Reduction Amount / Total Reducible Amount] CRITERIA TABLES – The points in the following tables are assigned within UFA automatically when the selection associated with the criteria is chosen.

  • Total Reduction Amount: Total reduction amount allowed for the entire penalty to meet the gross revenue cap.

  • This process is repeated with each successive group of Highly Compensated Employees with the highest sum of Participant Elected Contributions, Employer Matching Contributions and Forfeitures and LESOP Employer Matching Contributions and Forfeitures allocated with respect thereto, after the prior reductions, until the total reductions made under this Step 3 is equal to the Total Reduction Amount.

  • Next the Committee shall determine the total dollar amount of reductions to the Participant Elected Contributions, Employer Matching Contributions and Forfeitures and LESOP Employer Matching Contributions and Forfeitures as calculated under Step 1 ("Total Reduction Amount").

  • Next the Administrative Committee shall determine the total dollar amount of reductions to the Participant Contributions and Matching Employer Contributions as calculated under Step 1 ("Total Reduction Amount").

  • If the Average Effective Differential calculated as provided in clause (b) above is greater than zero, the Total Reduction Amount shall be determined and the Principal Amount of this Note shall be deemed reduced at such time by the Total Reduction Amount (with such reduction deemed effective from the date of this Note).

  • Reduce the Deferral Contributions of the Highly Compensated Employee(s) with the greatest dollar amount of Deferral Contributions to the dollar amount of the Highly Compensated Employee(s) with the next greatest dollar amount of Deferral Contributions, unless a lesser reduction will be sufficient to equal the remaining Total Reduction Amount.

  • According to Victoria Reitz, this valve is used in roughly 70% of the air suspension systems on heavy tractor-trailer systems in North America [7].

  • This process is repeated with each successive group of Highly Compensated Employees with the highest dollar amount of Aggregate Contributions, after the prior reductions, until the total amount of reductions made under this Step 3 is equal to the Total Reduction Amount.


More Definitions of Total Reduction Amount

Total Reduction Amount shall have the meaning provided in Section 2.15(a).
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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.

  • Class Y Principal Reduction Amounts For any Distribution Date, the amounts by which the Class Principal Balances of the Class Y-1 and Class Y-2 Regular Interests, respectively, will be reduced on such Distribution Date by the allocation of Realized Losses and the distribution of principal, determined as described in Appendix 1.

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

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greaterthan the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Overcollateralization Reduction Amount With respect to any Distribution Date on which the Excess Overcollateralization Amount is, after taking into account all other distributions to be made on such Distribution Date, greater than zero, the Overcollateralization Reduction Amount shall be equal to the lesser of (i) the Excess Overcollateralization Amount for that Distribution Date and (ii) the Principal Remittance Amount on such Distribution Date.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Increase Amount is defined in Section 2.3(a).

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • 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.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Class Invested Amount means, with respect to any Class for any Distribution Date, an amount equal to the Class Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to such Class of Investor Certificateholders, in each case prior to such Distribution Date, (b) the aggregate amount of Investor Losses of such Class not reimbursed prior to such Distribution Date and (c) the aggregate amount of losses of principal on investments of funds on deposit for the benefit of such Class in the Series Principal Funding Account, if applicable.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.