Writedown Amount definition

Writedown Amount. The reduction described in Section 5.03(c).

Writedown Amount. With respect to each Distribution Date, the amount, if any, by which (i) the aggregate Certificate Principal Balance of all the Certificates, after all distributions have been made on the Certificates on such Distribution Date pursuant to Section 5(b) hereof, exceeds (ii) the Pool Scheduled Principal Balance of the Assets for the next Distribution Date.

Writedown Amount means, with respect to any day, the product of (i) the amount of any Writedown on such day, (ii) the Applicable Percentage and (iii) the Reference Price.

Examples of Writedown Amount in a sentence

• Subordinate Certificate Writedown Amount for such Distribution Date: ...............................

• Certain Realized Losses on and certain other shortfalls in respect of the Assets will be allocated on any Distribution Date to Holders of Subordinated Certificates by allocation to the related Certificates of a Writedown Amount in the manner set forth in the Pooling and Servicing Agreement.

• The "Writedown Amount" for any Distribution Date will be the amount, if any, by which the aggregate Certificate Principal Balance of all Certificates, after all distributions have been made on the Certificates on such Distribution Date, exceeds the Pool Scheduled Principal Balance of the Assets for the next Distribution Date.

• Subordinate Certificate Writedown Amount: The amount, if any, by which the aggregate of the Class Principal Amounts of all outstanding related Classes of Aggregate Pool A Certificates (after giving effect to the distribution of principal and allocation of Realized Losses on such Distribution Date) exceeds the Aggregate Stated Principal Balance for Aggregate Pool A for the following Distribution Date.

• On each Payment Date, the Securities Administrator shall determine the Subordinate Writedown Amount.

More Definitions of Writedown Amount

Writedown Amount. Not applicable.

Writedown Amount means, with respect to a Reference Obligation on any day, the product of (i) the amount of any Writedown with respect to such Reference Obligation on such day and (ii) the Applicable Percentage.

Writedown Amount means, with respect to a Reference Obligation on any day, the product of

Writedown Amount means, for any Mortgage Investment or other Company investment, the amount by which, at the time that a Writedown is determined for the Investment, the amount actually paid or allocated to the purchase of the investment exceeds its fair market value.

Writedown Amount means the amount by which, at the time that a Writedown is determined, the carrying amount of an asset exceeds its net realizable value.

Writedown Amount. The reduction described in Section 4.03(c).

Writedown Amount means, with respect to any Investment, the amount by which the fair value of such Investment, as determined by the General Partner, is less than the total amount invested by the Partnership in such Investment due to a permanent impairment of value.