Class B Amortisation Amount definition

Class B Amortisation Amount means, for any Series of Class B Notes, an amount calculated as follows:
Class B Amortisation Amount in respect of the Class B Notes: (i) on a Payment Date falling during the Revolving Period, zero or (ii) on any Payment Date falling after the end of the Revolving Period, the Class B Principal Payment Amount.
Class B Amortisation Amount means, (a) with reference to the Class B1 Notes the Class B1 Amortisation Amount and (b) with reference to the Class B2 Notes, the Class B2 Amortisation Amount.

Examples of Class B Amortisation Amount in a sentence

  • It was replaced by Matrimonial and Family Proceedings Act 1984 which had reduced the period to one year.

  • The Retained Profit Amount will rank in the applicable Order of Priority above the payments of interest and principal of the Subordinated Loan but below payments of interest on the Notes, the payment of the Class A Amortisation Amount or the Class B Amortisation Amount, as applicable, and any payment of amounts due and payable to a Swap Counterparty under any Swap Agreement.

  • An attacker may simply physically access a smartphone and install the malware there.

  • The “Amortisation Starting Date” means the earliest of the following dates (included): (i) the Monthly Payment Date falling in November 2025, and (ii) the Monthly Payment Date following the date of occurrence of a Revolving Termination Event.The “Notes Amortisation Amount” means the sum of the Class A Amortisation Amountand the Class B Amortisation Amount.

  • Ratio is greater than 13.8%)- 4.13 After (and including) January 2006 Class B Amortisation Amount- 4.14 Interest on Class C Notes (if Cum.

  • On each Payment Date, the Issuer shall, subject to Condition 5(d), pay to each holder of a Class B Note interest at the Class B Notes Interest Rate on the Series Nominal Amount outstanding immediately prior to the relevant Payment Date, and on each Payment Date the Class B Note qualifies as an Amortising Series of Class B Notes, the Class B Amortisation Amount applicable to such Series of Class B Notes in accordance with the Order of Priority.


More Definitions of Class B Amortisation Amount

Class B Amortisation Amount means on any Notes Payment Date the repayment amount necessary to reduce the Principal Amount Outstanding of the Class B Notes to the Class B Targeted Note Balance.
Class B Amortisation Amount means, in respect of Class B Notes, with reference to each Payment Date falling on or after the Initial Amortisation Date, an amount equal to the lower of: (a) the Principal Amortisation Amount calculated in respect of such Payment Date less the Class A Amortisation Amount (or, if lower, the amount available after application of the Issuer Available Funds, on such Payment Date, to all items of higher priority to the payment of principal on the Class B Notes), and (b) the Principal Amount Outstanding of the Class B Notes on such Payment Date (before payments made in accordance with the applicable Order of Priority).
Class B Amortisation Amount means, with reference to each Payment Date falling on or after the Initial Amortisation Date, an amount equal to the lower of: (a) the Principal Amortisation Amount calculated in respect of such Payment Date less the Class A Amortisation Amount, and (b) the Principal Amount Outstanding of the Class B Notes on such Payment Date (before payments made in accordance with the applicable Order of Priority).PRINCIPAL AMORTISATION AMOUNT

Related to Class B Amortisation Amount

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balances of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 54.50% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $3,608,680.