Preliminary Principal Loss Amount definition

Preliminary Principal Loss Amount means, for a Payment Date, an amount equal to the Principal Loss Amount computed without giving effect to clause (d) of the definition of Principal Loss Amount.

Preliminary Principal Loss Amount. The amount which is equal to the Principal Loss Amount computed without giving effect to clause (d) of the definition of Principal Loss Amount. Preliminary Tranche Write-down Amount: The amount which is equal to the Tranche Write-down Amount computed using the Preliminary Principal Loss Amount instead of the Principal Loss Amount.

Preliminary Principal Loss Amount means an amount equal to the Principal Loss Amount computed without giving effect to clause (d) of the definition of “Principal Loss Amount.” The Preliminary Principal Loss Amount for each Payment Date will be computed prior to the allocation of the Modification Loss Amount and the Modification Gain Amount pursuant to the Modification Loss Priority and Modification Gain Priority, respectively, for such Payment Date.

Examples of Preliminary Principal Loss Amount in a sentence

• Improved mesh quality typically requires increased number of smaller elements, with adjacent elements having similar sizes, aspect ratio of elements should be close to 1, mesh should have low non-orthogonality and low skewness.

• On each Payment Date on or prior to the Termination Date, the Preliminary Principal Loss Amount, Preliminary Tranche Write-down Amount, Preliminary Tranche Write-up Amount and Preliminary Class Notional Amount will be computed prior to the allocation of the Modification Loss Amount.

• On each Payment Date on or prior to the Termination Date, the Preliminary Principal Loss Amount, Preliminary Tranche Write- down Amount, Preliminary Tranche Write-up Amount and Preliminary Class Notional Amount will be computed prior to the Allocation of the Modification Loss Amount.

• The Preliminary Principal Loss Amount for each Premium Payment Date will be computed prior to the allocation of the Modification Loss Amount and the Modification Gain Amount.

• Amount" means, for a Payment Date, an amount equal to the Tranche Write-down Amount computed using the Preliminary Principal Loss Amount instead of the Principal Loss Amount.

• Amount" means, for a Payment Date, an amount equal to the Tranche Write-up Amount computed using the Preliminary Principal Loss Amount instead of the Principal Loss Amount.

• The Preliminary Principal Loss Amount for each Payment Date will be computed prior to the allocation of the Modification Loss Amount and the Modification Gain Amount pursuant to the Modification Loss Priority and Modification Gain Priority, respectively, for such Payment Date.(b) The “Preliminary Tranche Write-down Amount” is equal to the Tranche Write-down Amount computed using the Preliminary Principal Loss Amount instead of the Principal Loss Amount.

• On each Payment Date on or prior to the Termination Date, the Preliminary Principal Loss Amount, Preliminary Tranche Write- down Amount, Preliminary Tranche Write-up Amount and Preliminary Class Notional Amount will be computed prior to the allocation of the Modification Loss Amount.

• Modification Loss PriorityOn each Payment Date on or prior to the Maturity Date, the Preliminary Principal Loss Amount, the Preliminary Tranche Write-down Amount, the Preliminary Tranche Write-up Amount and the Preliminary Class Notional Amount will be computed prior to the allocation of the Modification Loss Amount.(a) The “Preliminary Principal Loss Amount” is equal to the Principal Loss Amount computed without giving effect to clause (d) of the definition of Principal Loss Amount.

More Definitions of Preliminary Principal Loss Amount

Preliminary Principal Loss Amount means, for a Payment Date and Loan Group, an amount equal to the Principal Loss Amount for such Loan Group computed without giving effect to clause (d) of the definition of Principal Loss Amount.

Preliminary Principal Loss Amount means, for a Payment Date and a Loan Group, an amount equal to the Principal Loss Amount for such Loan Group computed without giving effect to clause (d) of the definition of Principal Loss Amount.

Preliminary Principal Loss Amount. The amount which is equal to the Principal Loss Amount computed without giving effect to clause (d) of the definition of Principal Loss Amount. Preliminary Tranche Write-down Amount: The amount which is equal to the Tranche Write-down Amount computed using the Preliminary Principal Loss Amount instead of the Principal Loss Amount. Preliminary Tranche Write-up Amount: The amount which is equal to the Tranche Write- up Amount computed using the Preliminary Principal Loss Amount instead of the Principal Loss Amount.