Common use of Allocation of Modification Loss Amount Clause in Contracts

Allocation of Modification Loss Amount. On each Payment Date on or prior to the Termination Date, the Preliminary Principal Loss Amount, the Preliminary Tranche Write-down Amount, the Preliminary Tranche Write-up Amount, and the Preliminary Class Notional Amount will be computed prior to allocating the Modification Loss Amount, as set forth below. On each Payment Date on or prior to the Termination Date, the Modification Loss Amount, if any, for such Payment Date, will be allocated in the following order of priority:

Appears in 62 contracts

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

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Allocation of Modification Loss Amount. On each Payment Date on or prior to the Termination Date, the Preliminary Principal Loss Amount, the Preliminary Tranche Write-down Amount, the Preliminary Tranche Write-up Amount, and the Preliminary Class Notional Amount will be computed prior to allocating the Modification Loss Amount, as set forth below. On each Payment Date on or prior to the Termination Date, the Modification Loss Amount, if any, for such Payment Date, Date will be allocated in the following order of priority:

Appears in 4 contracts

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

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