Group I Principal Distribution Amount Clause Samples

The 'Group I Principal Distribution Amount' clause defines the specific portion of principal payments allocated to a designated group of securities or investors, typically within a structured finance transaction. This clause outlines how principal collections from underlying assets are calculated and distributed to holders of Group I certificates, often based on a predetermined formula or payment waterfall. Its core function is to ensure transparent and orderly allocation of principal payments, thereby providing clarity and predictability for investors regarding the timing and amount of their principal returns.
Group I Principal Distribution Amount. 28 Group II Principal Distribution Amount..............................................29
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Group I Principal Distribution Amount. 15 SECTION PAGE ------- ----
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Group I Principal Distribution Amount. 33 GROUP I REALIZED LOSS AMORTIZATION AMOUNT....................................................................33
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Related to Group I Principal Distribution Amount

  • Original Class B Principal Balance The Original Class B Principal Balance is $7,500,485.88.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Distribution Date 13 DTC...........................................................................................13

  • Principal Payments Originator is authorized and directed by SPV to enter on the grid attached hereto, or, at its option, in its books and records, the date and amount of each loan made by it which is evidenced by this Subordinated Note and the amount of each payment of principal made by SPV, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered; provided that neither the failure of Originator to make any such entry or any error therein shall expand, limit or affect the obligations of SPV hereunder.

  • Contribution Amounts The Company, the Selling Shareholders and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.6. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.