Expected Principal Amount definition
Expected Principal Amount means, with respect to the Final Amortization Date or the Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of the Reference Obligation payable on such day (excluding any amount representing capitalized interest that relates to the Term of the Transaction) assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus (ii) the sum of (A) the Aggregate Implied Writedown Amount (if any) and (B) the net aggregate principal deficiency balance or realized loss amounts (however described in the Underlying Instruments) that are attributable to the Reference Obligation. The Expected Principal Amount shall be determined without regard to the effect of any provisions (however described) of the Underlying Instruments that permit the limitation of due payments or distributions of funds in accordance with the terms of such Reference Obligation or that provide for the extinguishing or reduction of such payments or distributions.
Expected Principal Amount means, with respect to the Final Amortization Date or the Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of the Reference Obligation payable on such day assuming for this purpose that sufficient funds are available for such payment,
Expected Principal Amount means (A) with respect to the Final Amortization Date or the Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of the Put Portfolio II Asset payable on such day (excluding any amount representing capitalized interest) assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus (ii) the net aggregate principal deficiency balance or realized loss amounts (however described in the Underlying Instruments) that are attributable to the Put Portfolio II Asset and (B) with respect to any Principal Installment Date, the Principal Installment Amount for such Principal Installment Date. The Expected Principal Amount shall be determined without regard to the effect of any provisions (however described) of the Underlying Instruments that permit the limitation of due payments or distributions of funds in accordance with the terms of such Put Portfolio II Asset or that provide for the extinguishing or reduction of such payments or distributions.
More Definitions of Expected Principal Amount
Expected Principal Amount means, with respect to a Reference Obligation and the Reference Obligation Final Amortization Date or the Reference Obligation Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of such Reference Obligation payable on such day (excluding capitalized interest) assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus (ii)
Expected Principal Amount means, with respect to any Reference Obligation and the related Final Amortisation Date or the related Legal Final Maturity Date, an amount equal to:
Expected Principal Amount. With respect to any Reference Obligation Payment Date, the amount of current principal that this is due and payable on the related Reference Obligation Payment Date assuming for this purpose that sufficient funds are available therefor in accordance with the Underlying Instruments. For avoidance of doubt, the payment of the principal component of the purchase price of a Reference Obligation on the Reference Obligation Put Date is an Expected Principal Amount. The Expected Principal Amount shall be determined without regard to (i) unpaid amounts in respect of principal due on prior Reference Obligation Payment Dates, or (ii) any prepayment penalties, yield maintenance provisions or unpaid interest, whether capitalized or not.
Expected Principal Amount means, with respect to the Final Amortization Date or the Legal Final Maturity Date as of the Effective Date (without giving effect to any amendments of the Legal Final Maturity Date after the Effective Date), an amount equal to
Expected Principal Amount means, with respect to a Reference Obligation and the Reference Obligation Final Amortization Date or the Reference Obligation Legal Final Maturity Date, an amount equal to: