Examples of Return Amount in a sentence
The payment obligation of the Trust to pay the Return Amount under this Agreement shall be limited to amounts on deposit in the Custodian Account.
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 Freddie Mac, by deposit into an account designated by Freddie Mac, the applicable Return Amount on such Payment Date.
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.
On each Remittance Date, the Issuer will pay to Xxxxxx Mae, by deposit into the Xxxxxx Xxx Account, an amount equal to the Return Amount for such Remittance Date.
The Delivery Amount, as defined below, will be rounded up, and the Return Amount, as defined below, will be rounded down, in each case to the nearest integral multiple of $100,000 (“Rounding Amount”).