Common use of Amount of Claim Clause in Contracts

Amount of Claim. Lender’s Claim may only include the lesser amount up to the Original Principal as defined in Section 4.1 of this Enhancement Agreement or the amount of principal then outstanding at the time of the default, subject to the amount of the Initial Enhancement and percentages as set forth in Sections 5.2 and 5.3 of this Enhancement Agreement. The amount of principal included in the Claim may not exceed the Original Principal covered by the Collateral Enhancement Program.

Appears in 3 contracts

Samples: Collateral Enhancement Agreement, Collateral Enhancement Agreement, Collateral Enhancement Agreement

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Amount of Claim. Lender’s Claim may only include the lesser amount up to the Original Principal as defined in Section 4.1 of this Enhancement Agreement or the amount of principal then outstanding at the time of the default, subject to the amount of the Initial Enhancement Deposit and percentages as set forth in Sections 5.2 and 5.3 of this Enhancement Agreement. The amount of principal included in the Claim may not exceed the Original Principal covered by the Collateral Enhancement Program.

Appears in 1 contract

Samples: Collateral Deposit Agreement

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