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

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date:

Appears in 63 contracts

Samples: Global Agency Agreement, Stacr® Debt Agreement, Global Agency Agreement

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Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date:

Appears in 3 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Stacr® Debt Agreement

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