PAC Amount definition

PAC Amount. As to any Distribution Date and any Class of PAC ---------- Certificates and any PAC Component, the amount designated as such for such Distribution Date and such Class or Component as set forth in the Principal Amount Schedules.
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PAC Amount. Not Applicable.
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PAC Amount. For each PAC Class or PAC Component, and as to each Distribution Date, the amount set forth for such Class or Component and date in the Scheduled Balances Table.
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Examples of PAC Amount in a sentence

  • Frequency: ❑ Same as existing PAC, OR ❑ Monthly: date of cheque: (1st to 28th) ❑ Weekly: day: (Monday to Friday) ❑ Every two weeks: day: (Monday to Friday) ❑ Bi-monthly (1st and 15th of each month) PAC Amount: The PAC amount is equal to the monthly payment amount determined in accordance with the "Tables to calculate the initial monthly payment according to the repayment term selected", adjusted proportionally to the frequency selected above; minimum $25 per frequency.

Related to PAC Amount

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Advance Amount means, with respect to any Asset for which any Liquidation Proceeds are received, the product of (i) the Maximum Advance Rate and (ii) the Collateral Balance of such Asset immediately prior to the sale or payment that gave rise to such Liquidation Proceeds.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • FX Reduction Amount is defined in Section 2.1.3.