Writedown Amount definition

Writedown Amount. The reduction described in Section 5.03(c).

Writedown Amount. With respect to each Distribution Date, the amount, if any, by which (i) the aggregate Certificate Principal Balance of all the Certificates, after all distributions have been made on the Certificates on such Distribution Date pursuant to Section 5(b) hereof, exceeds (ii) the Pool Scheduled Principal Balance of the Assets for the next Distribution Date.

Writedown Amount means, with respect to any day, the product of (i) the amount of any Writedown on such day, (ii) the Applicable Percentage and (iii) the Reference Price.

Examples of Writedown Amount in a sentence

• Subordinate Certificate Writedown Amount for such Distribution Date: ...............................

• On each Payment Date on or prior to the Termination Date, the Preliminary Principal Loss Amount, the Preliminary Tranche Write-down Amount, the Preliminary Tranche Write-up Amount, and the Preliminary Class Notional Amount will be computed prior to allocating the Modification Loss Amount, as set forth below.

• On such Payment Date, Xxxxxxx Mac shall pay an amount equal to the outstanding Class Principal Balance, after allocation of the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date, of each Class of Original Notes (without regard to any exchanges of Exchangeable Notes for MAC Notes), plus accrued and unpaid interest.

• Subject to Sections 4 and 6, on each Payment Date on which a Tranche Write-down Amount shall be allocated to any Class of Reference Tranche corresponding to a Class of Notes and which reduces the Class Principal Balance of such Corresponding Class of Notes, the Trust shall pay to Xxxxxxx Mac, by deposit into an account designated by Xxxxxxx Mac, the applicable Return Amount on such Payment Date.

• The person shall sign their name, address, and the topic they will speak on.

More Definitions of Writedown Amount

Writedown Amount. Not applicable.

Writedown Amount means, with respect to a Reference Obligation on any day, the product of (i) the amount of any Writedown with respect to such Reference Obligation on such day and (ii) the Applicable Percentage.

Writedown Amount means, with respect to a Reference Obligation on any day, the product of

Writedown Amount means, for any Mortgage Investment or other Company investment, the amount by which, at the time that a Writedown is determined for the Investment, the amount actually paid or allocated to the purchase of the investment exceeds its fair market value.

Writedown Amount. The reduction described in Section 4.03(c).

Writedown Amount means the amount by which, at the time that a Writedown is determined, the carrying amount of an asset exceeds its net realizable value.

Writedown Amount means, with respect to any Investment, the amount by which the fair value of such Investment, as determined by the General Partner, is less than the total amount invested by the Partnership in such Investment due to a permanent partial or complete impairment of value.