Class A Amount definition

Class A Amount is defined in Section 2(c).
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Class A Amount means a dollar amount equal to the product of (i) the Value (not to exceed $1.50) less $1.25, multiplied by (ii) 9,600,000; provided, that in no event shall the Class A Amount be greater than $2,400,000; and if the Class A Amount is zero or a negative number, the Class A Amount shall be deemed to be zero.
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Class A Amount has the meaning specified in Section 4.1.
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Examples of Class A Amount in a sentence

  • Upon satisfaction of the foregoing conditions, and the payment by the CP Vehicle or the APA Banks, as applicable, to the Trustee on or before the Class A Adjustment Date of an amount equal to the Class A Increase Amount, the Master Servicer shall appropriately note such Class A Increase Amount and the Adjusted Class A Amount and direct the Trustee in writing to pay to the Transferor such Class A Increase Amount on the Adjustment Date.

  • On the relevant redemption date, each holder of Class A Preferred Shares to be redeemed shall surrender such holder’s certificate or certificates representing such shares to the Company, in the manner and at the place designated in a notice delivered to the holder by the Company, and thereupon the Class A Amount of such shares shall be payable to the order of the holder whose name appears in the register of members of the Company and each surrendered certificate shall be cancelled.

  • No Member shall receive any distributions in respect of, and no Cumulative Unpaid Class A Amount, shall accrue with respect to, any failure of such Member to timely receive any Class A Amount due the Member’s failure to provide the Manager Member with accurate information regarding its address for payment of distributions hereunder.

  • On the relevant redemption date, each holder of Class A Preferred Shares to be redeemed shall surrender such holder’s certificate or certificates representing such shares to the Company, in the manner and at the place designated in a notice delivered to the holder by the Company, and thereupon the Class A Amount of such shares shall be payable to the order of the holder whose name appears in the register of shareholders of the Company and each surrendered certificate shall be cancelled.

  • The holders of the Class X Certificates will be entitled to receive on each Distribution Date an amount equal to their pro rata share of Available Funds calculated as follows: the amount of the Available Funds multiplied by a ratio the numerator of which is the Class X Amount and the denominator of which is the sum of the Class A Amount and the Class X Amount each as determined on the such Distribution Date.

  • In the event of any redemption of any Class A Preferred Shares pursuant to Section 6.1, 6.2, 6.3 or 6.4, the holders of Class A Preferred Shares to be redeemed shall be entitled to receive, and the Company shall pay such holders, on the applicable redemption date and before any distribution may be made to the holders of the Common Shares or any other class of Preferred Shares of the Company, an amount per Class A Preferred Share equal to the Class A Amount.

  • In the event of any redemption of any Class A Preferred Shares pursuant to Sections 6.1, 6.2 or 6.3, the holders of Class A Preferred Shares to be redeemed shall be entitled to receive, and the Company shall pay such holders, on the applicable redemption date and before any distribution may be made to the holders of the Common Shares or any other class of preferred shares of the Company, an amount per Class A Preferred Share equal to the Class A Amount.


More Definitions of Class A Amount

Class A Amount means, with respect to each Class A Unit, $4.26.
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Class A Amount means an amount equal to interest at a rate of 5.10% per annum on the outstanding Certificate Principal Balance of the Class A Certificates.
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Class A Amount means, as of any date of determination, an amount equal to (i) Class A Share Amount (subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to such shares of Class A Common Stock, as determined by the Board of Directors, from time to time) plus (ii) an amount sufficient to provide such share of Class A Common Stock with a 10.5% Internal Rate of Return on the Class A Share Amount as of such date.
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Class A Amount is defined in Section 2(c). 47
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Class A Amount is defined in the Partner Schedule of the holder of Class A Partnership Units.
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Class A Amount means an amount equal to the full amount payable to holders of Class A Units upon a liquidation of the LLC as provided in that certain Operating Agreement of the LLC, dated as of April 26, 1999.
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Related to Class A Amount

  • Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Class A-2 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and on which a Trigger Event is not in effect, the excess of (x) the sum of the Certificate Principal Balances of the Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 59.20% and (ii) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) minus the product of (i) 0.50% and (ii) the aggregate principal balance of the Group II Mortgage Loans as of the Cut-off Date.

  • Class A Principal Distributable Amount means, for any Distribution Date: (A) during the Revolving Period, zero; and (B) during the Amortization Period, an amount equal to the lesser of: (i) Available Funds remaining after payment of the amounts set forth in clauses (i) through (iv) of Section 5.08(a) hereto and (ii) the Class A Note Balance; provided, however, on the Class A Stated Final Maturity Date, the Class A Principal Distributable Amount will equal the Class A Note Balance.