Swap Distribution Amount definition

Swap Distribution Amount. If so specified in the Supplement with respect to any Series, all amounts then due and owing to the Swap Counterparty pursuant to the Swap Agreement, other than Swap Termination Payments.

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Swap Distribution Amount. Swap Guarantee"

Swap Distribution Amount. If so specified in the Series Supplement with respect to any Series, all amounts then due and owing to the Swap Counterparty pursuant to the Swap Agreement, other than Swap Termination Payments.

Examples of Swap Distribution Amount in a sentence

• As to the Class M-1 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class M-1 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxiv) of the Section 4.02(e) for that Distribution Date.

• As to the Class B-1 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class B-1 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxx) of Section 4.02(e) for that Distribution Date.

• As to the Class B-3 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class B-3 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxxii) of Section 4.02(e) for that Distribution Date.

• As to the Class B-2 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class B-2 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxxi) of Section 4.02(e) for that Distribution Date.

• As to the Class M-4 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class M-4 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxvii) of Section 4.02(e) for that Distribution Date.

• As to the Class M-3 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class M-3 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxvi) of Section 4.02(e) for that Distribution Date.

• Each of Holdings, the Borrowers and each of their respective Subsidiaries is in compliance, in all material respects, with applicable Sanctions Laws and Regulations.

• As to the Class M-6 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class M-6 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxix) of Section 4.02(e) for that Distribution Date.

• As to the Class M-5 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class M-5 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxviii) of Section 4.02(e) for that Distribution Date.

• As to the Class M-4 Certificates and as of any Distribution Date, the lesser of (a) the Swap Unpaid Realized Loss Amount for the Class M-4 Certificates as of that Distribution Date and (b) the excess of (i) the Swap Distribution Amount over (ii) the sum of the amounts described in clauses (i) through (xxxi) of Section 4.02(e) for that Distribution Date.

More Definitions of Swap Distribution Amount

Swap Distribution Amount. “Swap Guarantee” “Swap Guarantor” “Swap Receipt Amount” “Swap Termination Payment”

Swap Distribution Amount means:]