Reference Tranche definition

Reference Tranche means one of the Group 1 Reference Tranches or the Group 2 Reference Tranches, as the context may require.
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Reference Tranche means each Class of reference tranche deemed to be backed by the Reference Pool and comprising part of the hypothetical structure as described in “Description of the Notes — Hypothetical Structure and Calculations with respect to the Reference Tranches”.
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Reference Tranche means each Class of reference tranche deemed to be backed by the Reference Pool and comprising part of the hypothetical structure as described in “Description of the Notes — Hypothetical Structure and Calculations with respect to the Reference Tranches” above, i.e., the Class A-H, Class M-1, Class M-1H, Class M-2, Class M-2H, Class B-1, Class B-1H and Class B-2H Reference Tranches.
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Examples of Reference Tranche in a sentence

  • Subject to Sections 4 and 6, on each Payment Date on which a Tranche Write-down Amount shall be allocated to any Class of Reference Tranche corresponding to an outstanding Class of Notes and which reduces the Class Principal Balance of such Corresponding Class of Notes, the Indenture Trustee, on behalf of the Trust, shall pay to Xxxxxxx Xxx, by deposit into an account designated by Xxxxxxx Xxx, the applicable Return Amount on such Payment Date.


More Definitions of Reference Tranche

Reference Tranche means any of the Reference Pool 1A, Reference Pool 1B, Reference Pool 1C, Reference Pool 1D, Reference Pool 1E, Reference Pool 1F, Reference Pool 2G, Reference Pool 2H, Reference Pool 2J, Reference Pool 2K and Reference Pool 2L Reference Tranches.
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Related to Reference Tranche

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Applicable Margin means:

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.