Initial Bankruptcy Loss Coverage Amount definition

Initial Bankruptcy Loss Coverage Amount. $226,715.
Initial Bankruptcy Loss Coverage Amount. With respect to the Group C-B Certificates, $150,000.
Initial Bankruptcy Loss Coverage Amount. $100,000.

Examples of Initial Bankruptcy Loss Coverage Amount in a sentence

  • As of any Payment Date, the Initial Bankruptcy Loss Coverage Amount as reduced by the aggregate amount of Bankruptcy Losses allocated to the Bonds since the Cut-Off Date; provided, however, that the Bankruptcy Loss Coverage Amount may also be reduced pursuant to a letter from each Rating Agency to the Trustee to the effect that any such reduction shall not result in a downgrading of the then current ratings assigned by such Rating Agency to the Senior Bonds.


More Definitions of Initial Bankruptcy Loss Coverage Amount

Initial Bankruptcy Loss Coverage Amount. Not applicable. Initial LIBOR Rate: 5.32% per annum.
Initial Bankruptcy Loss Coverage Amount. $150,000.
Initial Bankruptcy Loss Coverage Amount. $111,000.
Initial Bankruptcy Loss Coverage Amount. Not applicable.
Initial Bankruptcy Loss Coverage Amount. $100,000. ---------------------------------------
Initial Bankruptcy Loss Coverage Amount. As defined in the Series Supplement.
Initial Bankruptcy Loss Coverage Amount. With respect to each Loan Group, $100,000.