Common use of Allocation of Calculated Tranche Write-down Amounts to the Reference Tranches Clause in Contracts

Allocation of Calculated Tranche Write-down Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the amount, if any, of the Calculated Tranche Write-down Amount for that Payment Date, will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

Appears in 24 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

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Allocation of Calculated Tranche Write-down Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the amount, if any, of the Calculated Tranche Write-down Amount Amount, if any, for that such Payment Date, Date will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

Appears in 5 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

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Allocation of Calculated Tranche Write-down Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the amountSenior Reduction Amount and Subordinate Reduction Amount, the Calculated Tranche Write- down Amount, if any, of the Calculated Tranche Write-down Amount for that such Payment Date, Date will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

Appears in 2 contracts

Samples: Debt Agreement, Debt Agreement

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