Nonrecourse Built-in Gainmeans with respect to any Contributed Properties or Adjusted Properties that are subject to a mortgage or pledge securing a Nonrecourse Liability, the amount of any taxable gain that would be allocated to the Partners pursuant to Section 6.2(b) if such properties were di...
(expressed as a percentage), the numerator of which is the aggregate Current Principal Amount of such Class and each Class of Subordinate Certificates subordinate thereto, if any, and the denominator of which is the Scheduled Principal Balance of all of the Mortgage Loans as of the related Due...
(ii) of the definition of Non-PO Formula Principal Amount for such Distribution Date; provided, however, that if a Bankruptcy Loss that is an Excess Loss is sustained with respect to a Mortgage Loan that is not a Liquidated Mortgage Loan, the Senior Principal Distribution Amount will be ...
Balance Due Datemeans the date shown below in Section 2.4(6) as the date when the Mortgage matures. On this date the Mortgage must be repaid or renewed. Account Balancemeans, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral...
To the Knowledge of any Holdco Group Member, no Holdco Group Member has any liability (whether actual, contingent or otherwise) with respect to any of the types of Employee Benefit Plans described in the first sentence of this Section 3.14(f) (irrespective of whether such Employee Benefit Plans...