Common use of Allocation of Tranche Write-up Amounts to the Reference Tranches Clause in Contracts

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 and Class M-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 and Class M-3H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (v) fifth, to the Class B and Class B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 23 contracts

Samples: Exchange Administration Agreement, Global Agency Agreement, Stacr Debt Agreement

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Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 and Class M-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 M-3A and Class M-3H M-3AH Reference Tranches, (v) fifth, to the Class M-3B and Class M-3BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (vvi) fifthsixth, to the Class B and Class B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 9 contracts

Samples: Global Agency Agreement, Exchange Administration Agreement, Exchange Administration Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A1A-H Reference Tranche, (ii) second, to the Class M-1 1M-1 and Class M-1H 1M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 1M-2A and Class M-2H 1M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iv) fourth, to the Class M-3 1M-2B and Class M-3H 1M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, andAmounts, (v) fifth, to the Class B 1M-2C and Class B1M-H CH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior Amounts, (vi) sixth, to such the Class 1B-1 and Class 1B-1H Reference Tranches, pro rata, based on their Class Notional Amounts, and (vii) seventh, to the Class 1B-2H Reference Tranche. For the avoidance of doubt, no Tranche Write-up Amount will be applied twice on the same Payment Date.

Appears in 5 contracts

Samples: Debt Agreement, Debt Agreement, Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 and Class M-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 M-3A and Class M-3H M-3AH Reference Tranches, pro rata, (v) fifth, to the Class M-3B and Class M-3BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (vvi) fifthsixth, to the Class B and Class B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 5 contracts

Samples: Exchange Administration Agreement, Exchange Administration Agreement, Stacr Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche,; (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, (v) fifth, to the Class B-1 and Class B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, ; and (vvi) fifthsixth, to the Class B and Class B-H B-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateTranche. .

Appears in 4 contracts

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

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A2A-H Reference Tranche, (ii) second, to the Class M-1 2M-1 and Class M-1H 2M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 2M-2A and Class M-2H 2M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iv) fourth, to the Class M-3 2M-2B and Class M-3H 2M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, andAmounts, (v) fifth, to the Class B 2M-2C and Class B2M-H CH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior Amounts, (vi) sixth, to such the Class 2B-1 and Class 2B-1H Reference Tranches, pro rata, based on their Class Notional Amounts, and (vii) seventh, to the Class 2B-2H Reference Tranche. For the avoidance of doubt, no Tranche Write-up Amount will be applied twice on the same Payment Date.

Appears in 4 contracts

Samples: Global Agency Agreement, Debt Agreement, Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche,; (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, (v) fifth, to the Class B-1 and Class B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, ; and (vvi) fifthsixth, to the Class B and Class B-H B-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateTranche.

Appears in 4 contracts

Samples: Exchange Administration Agreement, Global Agency Agreement, Stacr Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 and Class M-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 M-3A and Class M-3H M-3AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (v) fifth, to the Class M-3B and Class M-3BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (vvi) fifthsixth, to the Class B and Class B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 4 contracts

Samples: Stacr Debt Agreement, Exchange Administration Agreement, Global Agency Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, (v) fifth, to the Class B-1 and Class B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (vvi) fifthsixth, to the Class B B-2 and Class B-H B-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 4 contracts

Samples: Global Agency Agreement, Exchange Administration Agreement, Global Agency Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A1A-H Reference Tranche, (ii) second, to the Class M-1 1M-1 and Class M-1H 1M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 1M-2A and Class M-2H 1M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,Amounts (iv) fourth, to the Class M-3 1M-2B and Class M-3H 1M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, and (v) fifth, to the Class B 1B-H and Class B1B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts.

Appears in 3 contracts

Samples: Debt Agreement, Debt Agreement, Global Agency Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche,; (ii) second, to the Class M-1 M-1H Reference Tranche; (iii) third, to the Class X-0X, X-0XX and Class M-1H M-2AH Reference Tranches, (iv) fourth, to the Class M-2B, Class M-2BD and Class M-2BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iiiv) thirdfifth, to the Class M-2 B-1D and Class M-2H B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; and (ivvi) fourthsixth, to the Class M-3 B-2D and Class M-3H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (v) fifth, to the Class B and Class B-H B-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 3 contracts

Samples: Global Agency Agreement, Stacr Debt Agreement, Exchange Administration Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche,; (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and; (v) fifth, to the Class B B-1 and Class B-H B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date; and (vi) sixth, to the Class B-2H Reference Tranche. .

Appears in 3 contracts

Samples: Global Agency Agreement, Stacr Debt Agreement, Exchange Administration Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, (v) fifth, to the Class B-1 and Class B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (vvi) fifthsixth, to the Class B B-2 and Class B-H B-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 3 contracts

Samples: Global Agency Agreement, Exchange Administration Agreement, Stacr Debt Agreement

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Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche, (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, (v) fifth, to the Class B-1 and Class B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and (vvi) fifthsixth, to the Class B B-2 and Class B-H B-2H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.

Appears in 2 contracts

Samples: Stacr Debt Agreement, Stacr Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. (i) On each Payment Date on or prior to the Group 1 Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts with respect to Loan Group 1, the related Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Group 1 Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Group 1 Reference Tranche on or prior to such Payment Date: (iA) first, to the Class A1A-H Reference Tranche, (iiB) second, to the Class M-1 1M-1 and Class M-1H 1M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iiiC) third, to the Class M-2 1M-2A and Class M-2H 1M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (ivD) fourth, to the Class M-3 1M-2B and Class M-3H 1M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, and (vE) fifth, to the Class B 1M-2C and Class B1M-H CH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date.Amounts,

Appears in 2 contracts

Samples: Debt Agreement, Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A2A-H Reference Tranche, (ii) second, to the Class M-1 2M-1 and Class M-1H 2M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 2M-2A and Class M-2H 2M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iv) fourth, to the Class M-3 2M-2B and Class M-3H 2M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, and (v) fifth, to the Class B 2B and Class B2B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Amounts. For the avoidance of doubt, no Tranche Write-up Amount will be applied twice on the same Payment Date.

Appears in 2 contracts

Samples: Global Agency Agreement, Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A-H Reference Tranche,; (ii) second, to the Class M-1 and Class M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iii) third, to the Class M-2 M-2A and Class M-2H M-2AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,; (iv) fourth, to the Class M-3 M-2B and Class M-3H M-2BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, and; (v) fifth, to the Class B B-1 and Class B-H B-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date; and (vi) sixth, to the Class B-2H Reference Tranche.

Appears in 2 contracts

Samples: Stacr Debt Agreement, Global Agency Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A2A-H Reference Tranche, (ii) second, to the Class M-1 2M-1 and Class M-1H 2M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 2M-2A and Class M-2H 2M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,Amounts (iv) fourth, to the Class M-3 2M-2B and Class M-3H 2M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, and (v) fifth, to the Class B 2B and Class B2B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Amounts. For the avoidance of doubt, no Tranche Write-up Amount will be applied twice on the same Payment Date.

Appears in 1 contract

Samples: Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A1A-H Reference Tranche, (ii) second, to the Class M-1 1M-1 and Class M-1H 1M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 1M-2A and Class M-2H 1M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iv) fourth, to the Class M-3 1M-2B and Class M-3H 1M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, andAmounts, (v) fifth, to the Class B 1M-2C and Class B1M-H CH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior Amounts, (vi) sixth, to such Payment Date.the Class 1B-1 and Class 1B-1H Reference Tranches, pro rata, based on their Class Notional Amounts, and

Appears in 1 contract

Samples: Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A1A-H Reference Tranche, (ii) second, to the Class M-1 1M-1 and Class M-1H 1M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 1M-2A and Class M-2H 1M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date,Amounts (iv) fourth, to the Class M-3 1M-2B and Class M-3H 1M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, and (v) fifth, to the Class B 1B-H and Class B1B-H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Amounts. For the avoidance of doubt, no Tranche Write-up Amount will be applied twice on the same Payment Date.

Appears in 1 contract

Samples: Debt Agreement

Allocation of Tranche Write-up Amounts to the Reference Tranches. On each Payment Date on or prior to the Termination Date, after allocation of the Senior Reduction Amount, Subordinate Reduction Amount and Tranche Write-down Amounts, the Tranche Write- up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts Amount allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts Amount previously allocated to such Class of Reference Tranche on or prior to such Payment Date: (i) first, to the Class A2A-H Reference Tranche, (ii) second, to the Class M-1 2M-1 and Class M-1H 2M-1H Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iii) third, to the Class M-2 2M-2A and Class M-2H 2M-AH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment DateAmounts, (iv) fourth, to the Class M-3 2M-2B and Class M-3H 2M-BH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior to such Payment Date, andAmounts, (v) fifth, to the Class B 2M-2C and Class B2M-H CH Reference Tranches, pro rata, based on their Class Notional Amounts immediately prior Amounts, (vi) sixth, to such Payment Date.the Class 2B-1 and Class 2B-1H Reference Tranches, pro rata, based on their Class Notional Amounts, and

Appears in 1 contract

Samples: Debt Agreement

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