Reference Tranche definition

Reference Tranche means one of the Group 1 Reference Tranches or the Group 2 Reference Tranches, as the context may require.
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Reference Tranche means each Class of reference tranche deemed to be backed by the Reference Pool and comprising part of the hypothetical structure as described in “Description of the Notes — Hypothetical Structure and Calculations with respect to the Reference Tranches”.
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Reference Tranche means each Class of reference tranche deemed to be backed by the Reference Pool and comprising part of the hypothetical structure as described in “Description of the Notes — Hypothetical Structure and Calculations with respect to the Reference Tranches,” i.e., the Class A-H, Class M-1H, Class M-2, Class M-2H, Class B-1, Class B-1H and Class B-2H Reference Tranches.
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Examples of Reference Tranche in a sentence

  • On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Class M Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.

  • Notes issued under this Agreement or a class of Reference Tranche established under this Agreement, as the case may be.

  • Each Class of Reference Tranche will have the initial Class Notional Amount set forth in the definition of “Reference Tranches” in Article I (Definitions) in this Agreement, and the aggregate of the initial Class Notional Amounts of all the Reference Tranches will equal the Cut-off Date Balance.


More Definitions of Reference Tranche

Reference Tranche means any of the Reference Pool 1A, Reference Pool 1B, Reference Pool 1C, Reference Pool 1D, Reference Pool 1E, Reference Pool 1F, Reference Pool 2G, Reference Pool 2H, Reference Pool 2J, Reference Pool 2K and Reference Pool 2L Reference Tranches.
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Related to Reference Tranche

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Maximum Revolving Advance Amount means $30,000,000.