Spread Amount definition

Spread Amount means 3.00%.

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Spread Amount. Means for any Remittance Date and any Pool the excess, if any, of (i) the aggregate Principal Balances of the Mortgage Loans in such Pool as of the last day of the immediately preceding Due Period and any amounts on deposit in the Pre-Funding Account with respect to such Pool over (ii) the aggregate Class Principal Balances of the related Pool of Certificates (after taking into account all distributions of principal on such Remittance Date).

Spread Amount. Means, for any Remittance Date, the difference between (i) the aggregate Principal Balances of the Loans as of the last day of the immediately preceding Due Period and any amounts on deposit in the Pre-Funding Account over (ii) the aggregate principal balances of the Notes (after taking into account all distributions of principal on such Remittance Date).

Examples of Spread Amount in a sentence

• For purposes of determining the availability of funds or the balance in the Spread Account for any reason under this Agreement, investment earnings on such funds shall be deemed to be available or on deposit only to the extent that the aggregate of such amounts, plus the funds on deposit in the Spread Account, do not exceed the Required Spread Amount.

• For purposes of determining the availability of funds or the balance in the Spread Account for any reason under this Indenture, investment earnings on such funds shall be deemed to be available or on deposit only to the extent that the aggregate of such amounts, plus the funds on deposit in such Spread Account, do not exceed the Required Spread Amount.

• If such deficiency exceeds the Available Spread Amount, the Servicer shall simultaneously and in the same manner also notify the Owner Trustee, the Indenture Trustee and the Insurer of the amount of such excess deficiency.

• Interest shall cease to accrue with respect to any portion of the principal amount of this Debenture that is converted to Conversion Shares, provided that the Company delivers the Conversion Shares and pays the applicable Floor Price Spread Amount with respect to such conversion, if any, within the time period required by Section 4 hereof.

• Any Forfeited Spread Amount shall be paid by the Participant within sixty (60) days of receipt from the Corporation of written notice requiring payment of such Forfeited Spread Amount.

More Definitions of Spread Amount

Spread Amount means 5.00%.

Spread Amount shall have the meaning set forth in section 2.6(b).

Spread Amount means, in respect of a Calculation Period, an amount equal to the product of (i) the Notional Amount, (ii) the Spread (for such purpose deemed to be positive) and (iii) the Floating Rate Day Count Fraction that would otherwise have been applicable to that Calculation Period.

Spread Amount means the product of (i) 460,000 and (ii) the difference, if positive, between (A) the Closing Price (as defined in the Warrant) on the last trading day prior to the Termination Date and (B) $7.00. The Spread Amount shall be equitably adjusted in the event of any reclassification, stock split or stock dividend with respect to the Common Stock, any change or conversion of the Common Stock into other securities of the Corporation or any other dividend or distribution with respect to the Common Stock prior to the Termination Date. Nothing contained in this Section 8.3(c) shall be deemed to limit any remedies available to Investor for any breach of this Agreement by the Corporation which such remedies shall be in addition to any amounts received by Investor pursuant to this Section 8.3(c); provided, however, Investor's damages for failure of the stockholders to approve the Share Issuance shall be limited to the amount provided for in the first sentence of this Section 8.3(c).

Spread Amount means the amount of interest that would have been payable under the terms of the relevant Charged Assets in accordance with the terms and conditions of such Charged Assets in effect as at the Trade Date as if the amount of interest payable in respect of such Charged Assets had been calculated solely on the basis of the “Spread” (as defined in the terms and conditions of the Charged Assets in effect as at the Trade Date) (without the addition of any amount in respect of LIBOR), provided that the first Spread Amount in respect of the Bond to be credited to the Reserve Account Ledger shall accrue from (and including) the Effective Date.

Spread Amount. For any Remittance Date the excess, if any, of (i) the aggregate Principal Balances of the Mortgage Loans as of the last day of the immediately preceding Due Period over (ii) the aggregate Class Principal Balances of the Certificates (after taking into account all distributions of principal on such Remittance Date).

Spread Amount means an amount equal to the product of (i) the Spread, (ii) the Spread Calculation Amount and (iii) the number of days from, and including, the Interim Exchange Date to, but excluding, the Party A Final Exchange Date, divided by 360, such amount to be converted into USD at the forward rate prevailing at the maturity of the Initial Collateral for payment of such amount on the Party A Final Exchange Date, as determined by the Calculation Agent in a commercially reasonable manner.