Examples of Required Redemption Amount in a sentence

If such proceeds of such sale and all other funds available for such purpose are not at least equal to the Required Redemption Amount, then the Secured Debt may not be redeemed (or, in the case of the Class A-1 Loans, prepaid).

More Definitions of Required Redemption Amount

Required Redemption Amount means in respect of a Series, the amount calculated as follows: the aggregate Principal Amount Outstanding of such Series x (1+(0.005 x (days to the Extended Due for Payment Date of such Series / 365))).

Required Redemption Amount means, (a) in respect of a Series of Covered Bonds, the sum of the Outstanding Principal Balance of the relevant Series Covered Bonds and the product of (i) the weighted average remaining maturity of the relevant Series of Covered Bonds expressed in days and divided by 365, (ii) the Euro Equivalent amount of the Outstanding Principal Balance of the relevant Series Covered Bonds, and

Required Redemption Amount means in respect of any relevant Series or Tranche of OBG, the amount calculated as follows:the Outstanding Principal Balance of the relevant Series or Tranche of OBGMultiplied by(1+(Negative Carry Corrector * (with respect to OBG which are not Pass-Through OBG, days to the Maturity Date of the relevant Series or Tranche of OBG/365 or, with respect to Pass-Through OBG, 31 days)).On each Guarantor Payment Date, following the service of a Guarantor Acceleration Notice, the OBG Guarantor will use the Available Funds, to make payments in the order of priority set out below (in each case only if and to the extent that payments of a higher priority have been made in full):

Required Redemption Amount means, in respect of a Series of Covered Bonds, the amount calculated as the Outstanding Principal Balance of the relevant Series of Covered Bonds in accordance with the Cover Pool Administration Agreement.On each Guarantor Payment Date, the “Available Funds” shall include (i) the Interest Available Funds, (ii) the Principal Available Funds and (iii) the amounts received by the Guarantor as a result of any enforcement taken vis-à-vis the Issuer in accordance with Article 4, paragraph 3 of the MEF Decree (the “Excess Proceeds”).On each Guarantor Payment Date following the service of an Acceleration Notice, the Available Funds, as calculated in respect of the relevant Guarantor Payment Date, will be used to make payments in the order of priority set out below (in each case only if and to the extent that payments of a higher priority have been made in full):

Required Redemption Amount means in respect of each Series of Covered Bonds, the amount calculated as at the Principal Amount Outstanding of each Series of Covered Bonds.

Required Redemption Amount means, in respect of a Series of Covered Bonds, the amount calculated as follows: the Principal Amount Outstanding of the relevant Series of Covered Bonds x 1+ Negative Carry Factor X (days to maturity of the relevant Series of Covered Bonds/365) provided that for purposes of the Required Redemption Amount in respect of a Series of Covered Bonds issued prior to the CMHC Programme Registration Date, Negative Carry Factor shall be the greater of (i) the Pre-Registration Negative Carry Factor; and (ii) the Negative Carry Factor, as determined in respect of such Series of Covered Bonds.