Priority Amount definition

Priority Amount. As to any Distribution Date, the amount equal to the sum of (i) the product of (A) the Scheduled Principal Distribution Amount, (B) the Shift Percentage and (C) the Priority Percentage and (ii) the product of (A) the Unscheduled Principal Distribution Amount, (B) the Shift Percentage and (C) the Priority Percentage.
Priority Amount. Not applicable.

Examples of Priority Amount in a sentence

  • This means that, if Variable Proceeds are paid prior to the Maturity Date (for example in case of a dividend payment), there is no calculation of Priority Amount at that moment and the Noteholder shall receive payment of the Variable Proceeds payable at that moment in accordance with the above, but the Net Variable Proceeds so paid shall be taken into account in calculating the total return on the Notes at the Maturity Date.

  • As an example, if no Variable Proceeds have been paid prior to the Maturity of the Notes, the Priority Amount is calculated by multiplying the Subscription Amount by a rate 1.00013368 [calculated as 1.05 * (1/365) )], which is compounded by the total number of days elapsed between the Closing Date and the Maturity Date.

  • As an example, if no Variable Proceeds have been paid prior to the Maturity of the Notes, the Priority Amount is calculated by multiplying the Subscription Amount by a rate of 1.00013368 [calculated as 1.05(1/365)], which is compounded by the total number of days elapsed between the Closing Date and the Maturity Date.

  • Section 4.3 Table Headings • Name of Creditor: The Name of Creditor information is pulled in from the Creditor Name field of Schedules D, E or F.• Estimated amount of claim to be paid: The Estimated amount of claim to be paid information is pulled in from the Priority Amount field of Schedule E.

  • The Servicer shall list the amounts to be distributed for each Payment Date in the Order of Priority and will notify the parties listed above of the Interest Compensation Order of Priority Amount and the Interest Compensation Release Amount.


More Definitions of Priority Amount

Priority Amount. For any Distribution Date, the lesser of (i) the Principal Balance of the Class I-A-1 Certificates and (ii) the sum of (A) the product of (1) the Priority Percentage, (2) the Shift Percentage and (3) the Group I Scheduled Principal Amount and (B) the product of (1) the Priority Percentage, (2) the Prepayment Shift Percentage and (3) the Group I Unscheduled Principal Amount.
Priority Amount. For any Distribution Date means the lesser of (i)the sum of the Principal Balances of the Class I-A-1,Class I-A-2,Class I-A-4 and Class I-A-5 Certificates and the Class I-A-7A and Class I-A-7B Components and (ii) the sum of (A) the product of (1) the Priority Percentage, (2) the Shift Percentage and (3) the Group I Scheduled Principal Amount and (B) the product of (1) the Priority Percentage, (2) the Prepayment Shift Percentage and (3)the Group I Unscheduled Principal Amount.
Priority Amount. For any Distribution Date, the sum of (i) the product of (A) the Scheduled Principal Distribution Amount for Loan Group 1, (B) the Shift Percentage and (C) the Priority Percentage and (ii) the product of (A) the Unscheduled Principal Distribution Amount for Loan Group 1, (B) the Priority Percentage and (C) the Prepayment Shift Percentage.
Priority Amount. Not applicable. Priority Percentage: Not applicable.
Priority Amount. For any Distribution Date, the lesser of (i) the sum of the Principal Balances of the Class A-14 and Class A-15 Certificates and (ii) the sum of (A) the product of (1) the Priority Percentage, (2) the Shift Percentage and (3) the Scheduled Principal Amount and (B) the product of (1) the Priority Percentage, (2) the Prepayment Shift Percentage and (3) the Unscheduled Principal Amount.
Priority Amount has the meaning set forth in Article 16.2.