Special Amortization Amount definition

Special Amortization Amount. The meaning specified in Section 9.7 hereof.
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Special Amortization Amount means the amount designated by the Asset Manager, in its sole discretion, to effect a Special Amortization.
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Special Amortization Amount. The amount designated by the Asset Manager, in its sole discretion, to effect a Special Amortization.
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Examples of Special Amortization Amount in a sentence

  • The Collateral Manager shall notify the Trustee, the Issuer, the Co-Issuer and each Hedge Counterparty (if any) of such election (a "Special Amortization") and the amount to be amortized (such amount, the "Special Amortization Amount").

  • The Collateral Manager will notify the Trustee, each Hedge Counterparty and the Controlling Class (for so long as the Class A-1 Notes are Outstanding) of the Special Amortization Amount on or prior to the related Determination Date.

  • On the first Payment Date following the date on which such notice is given, the Special Amortization Amount will be applied as Principal Proceeds to the extent available in accordance with the Priority of Payments to redeem the Secured Notes, and may be applied pro rata among the Secured Notes if the Special Amortization Pro Rata Condition is met.

  • On the first Payment Date following the date on which such notice is given, the Special Amortization Amount will be applied as Principal Proceeds to the extent available in accordance with the Priority of Payments to redeem the Notes.

  • The Construction Documents shall set forth in reasonable detail the requirements for construction of the Tenant Work and shall show all work necessary to complete the Tenant Work including all cutting, fitting, and patching and all connections to the mechanical, electrical, and plumbing systems and components of the Building.

  • The Collateral Manager shall notify the Trustee, the Issuer, the Co-Issuer, the Class A-1AR Note Agent, and each Hedge Counterparty (if any) of such election (a "Special Amortization") and the amount to be amortized (such amount, the "Special Amortization Amount").

  • For any period, the sum of all Interest Expense and mandatory principal payments due and payable by the Borrowers during such period excluding any balloon payments due upon maturity of any indebtedness (including the "Stipulated Amortization Amount" but not any "Special Amortization Amount" (as such terms are defined in the Cash Collateral Account Agreement)).

  • On the first Payment Date following any date on which such notice is given, amounts remaining after giving effect to clauses (A) through (N) of the Principal Waterfall in an amount equal to the Special Amortization Amount will be applied to pay principal of the Secured Notes, sequentially in order of seniority.


More Definitions of Special Amortization Amount

Special Amortization Amount. The aggregate amount of Principal Proceeds determined by the Collateral Manager to be applied toward amortization of the Notes in accordance with Section 11.1(b)(xxvi) after the occurrence of a Special Amortization.
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Related to Special Amortization Amount

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of: