Available Replacement Amount definition

Available Replacement Amount means the Applicable Percentage of the Scheduled Redemption Amount of the relevant Redeeming Collateral Component (after the deduction of any relevant taxes and expenses) plus (b) any monies standing to the Account minus (c) any Purchase Monies plus (d) any Further Issue Monies minus (e) any Unpaid Dealer Fees minus(f) any Shortfall Tax Amount (each as defined below and as observed as of the Scheduled Collateral Component Maturity Date), as calculated by the Calculation Agent and notified to the Issuing and Paying Agent and Custodian.
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Examples of Available Replacement Amount in a sentence

  • In the event the Account Balance is insufficient to meet the Issuer's liabilities with respect to any Applicable Taxes, the Vendor shall, as soon as reasonably practicable, put the Issuer in funds for any outstanding liability with respect to any Applicable Taxes (such outstanding liability, a "Shortfall Tax Amount") but shall be entitled to deduct such Shortfall Tax Amount so paid to the Issuer from the Available Replacement Amount in respect of the next Redeeming Collateral Component.

Related to Available Replacement Amount

  • Available RP Capacity Amount means the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 6.04(a)(ii)(D), (a)(vii) and (a)(x) minus the aggregate amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (a) make Investments pursuant to Section 6.06(q)(ii), (b) make Restricted Debt Payments pursuant to Section 6.04(b)(iv)(B) or (c) incur Indebtedness pursuant to Section 6.01(ll).

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Available Reserve Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Reserve Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Reserve Account made or to be made with respect to such date) and (b) the Required Reserve Account Amount, in each case on such Transfer Date.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Replacement Facility means 1 of the following:

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Qualifying Replacement Capital Covenant has the meaning specified in the Replacement Capital Covenant.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

  • Tranche Write-down Amount With respect to each Payment Date, the excess, if any, of the Principal Loss Amount for such Payment Date over the Principal Recovery Amount for such Payment Date. With respect to each Payment Date, the Class Notional Amount for the Class A-H Reference Tranche will be increased by the excess, if any, of the Tranche Write-down Amount for such Payment Date over the Credit Event Amount for such Payment Date.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Available Commitment means a Lender’s Commitment minus:

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • S&P Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Reply Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • LIBOR Replacement Date has the meaning specified in Section 3.03(c).