Amortization Asset Value definition

Amortization Asset Value. = A + B + C - D where: A The aggregate Amortization True Loan Balance of each Loan in the Portfolio B The amount of any cash standing to the GDA Account (exclusive of any Revenue Receipts up to the Calculation Date not otherwise applied) C Outstanding principal amount of any Substitution Assets D Product of:
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Amortization Asset Value has the meaning given in Schedule 3 (Amortization Test) to the Guarantor Agreement;
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Related to Amortization Asset Value

  • Amortization rate means the amortization rate, as defined in Section 49-11-102,

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Amortization means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, which may be over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized.