Instalment Date Reduction Amount definition

Instalment Date Reduction Amount means, in respect of an Instalment Date and a Note, an amount determined by the Calculation Agent in good faith and a commercially reasonable manner equal to (i) the outstanding nominal amount of such Note immediately prior to such Instalment Date, multiplied by (ii) the Instalment Date Reduction Portion in respect of such Instalment Date.
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Related to Instalment Date Reduction Amount

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;