Priority Amount definition

Priority Amount. As to any Distribution Date, the amount equal to the sum of (i) the product of (A) the Scheduled Principal Distribution Amount, (B) the Shift Percentage and (C) the Priority Percentage and (ii) the product of (A) the Unscheduled Principal Distribution Amount, (B) the Shift Percentage and (C) the Priority Percentage.
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Priority Amount. As to any Distribution Date, the lesser of (i) the Class Certificate Balance of the Class A-6 Certificates and (ii) the product of (a) the Shift Percentage, (b) the Priority Percentage and (c) the Non-PO Principal Amount.
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Priority Amount. Not applicable.
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Examples of Priority Amount in a sentence

  • The Servicer shall list the amounts to be distributed for each Payment Date in the Order of Priority and will notify the parties listed above of the Interest Compensation Order of Priority Amount and the Interest Compensation Release Amount.

  • The Company shall allocate the Reserved Priority Amount solely for use by Founder Parties until the following Reservation Date.

  • On or prior to the applicable Reservation Date, Founder shall advise the Company in writing of (i) whether Founder intends to exercise its Capital Priority Right and (ii) how much of the Priority Amount Founder intends to use for its activities pursuant to the Program Documents during the Reservation Period (such amount, the “Reserved Priority Amount”).

  • Upon the Founder Parties’ exercise of such right by delivering written notice to the Company, then effective immediately, any outstanding amounts of capital that have been deemed Lost Priority Capital will be added back to the calculation of Founder Parties’ Priority Amount, and any amounts that would have been deemed Lost Priority Capital prior to the delivery of such notice of exercise shall no longer be deducted from Founder Parties’ Priority Amount on a going-forward basis.

  • Any amounts designated as outstanding Reserved Deal Capital on any Reservation Date shall be treated as additional capital reserved for Founder Parties and shall not be included in the calculation for purposes of determining the Priority Amount for that Reservation Date.


More Definitions of Priority Amount

Priority Amount. For any Distribution Date, the lesser of (i) the sum of the Class A Subclass Principal Balances of the Class A-3, Class A-4 and Class A-5 Certificates and (ii) the sum of (A) the product of (1) Priority Percentage, (2) the Shift Percentage and (3) the Scheduled Principal Amount and (B) the product of (1) the Priority Percentage, (2) the Prepayment Shift Percentage, and (3) the Unscheduled Principal Amount.
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Priority Amount. For any Distribution Date, the lesser of (i) the Principal Balance of the Class A-6 Certificates and (ii) the sum of (A) the product of (1) the Priority Percentage and (2) the Scheduled Principal Amount and (B) the product of (1) the Priority Percentage, (2) the Prepayment Shift Percentage and (3) the Unscheduled Principal Amount.
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Priority Amount. For any Distribution Date means the lesser of (i) the Principal Balance of the Class A-5 Certificates and (ii) the product of (1) the Priority Percentage, (2) the Shift Percentage and (3) the sum of the Scheduled Principal Amount and Unscheduled Principal Amount.
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Priority Amount. Not applicable. Priority Percentage: Not applicable.
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Priority Amount has the meaning set forth in Article 16.2.
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Priority Amount. As to any Distribution Date, the sum of (i) the product of (A) the Senior Percentage for Loan Group 1, (B) the Scheduled Principal Distribution Amount for Loan Group 1, (C) the Shift Percentage and (D) the Priority Percentage and (ii) the product of (A) the Senior Prepayment Percentage for Loan Group 1, (B) the Unscheduled Principal Distribution Amount for Loan Group 1, (C) the Prepayment Shift Percentage and (D) the Priority Percentage.
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Priority Amount means shares of Registrable Securities constituting Conversion Stock in a dollar amount equal to, as of any date of determination, the greater of (a) 25% of the aggregate offering price of all Common Stock proposed to be offered and sold in the Initial Follow-On Public Offering, and (b) $275 million.
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