Original Notional Amount Clause Samples
The "Original Notional Amount" clause defines the initial principal or face value of a financial instrument, such as a loan, derivative, or bond, at the time the contract is executed. This amount serves as the reference point for calculating payments, interest, or settlement amounts throughout the life of the agreement. For example, in an interest rate swap, the original notional amount determines the basis for periodic interest exchanges between parties. The core function of this clause is to establish a clear and unambiguous starting value for financial calculations, ensuring both parties have a mutual understanding of the contract's foundational figure.
Original Notional Amount. The Original Notional Amount is $194,478,900.00.
Original Notional Amount. Section 11.06
Original Notional Amount. Section 11.06 Original Aggregate Non-PO Principal Balance.................. Section 11.07 Original Class B Principal Balance........................... Section 11.08 Original Principal Balances of the Classes of Class B Certificates................................................
Original Notional Amount. Original Class A Non-PO Principal Balance................ Section 11.07
Original Notional Amount. Section 11.04(a) Original Class I-A-3 Notional Amount...................... Section 11.04(b) Original Class I-A-13 Notional Amount..................... Section 11.04(c) Original Class I-A-28 Notional Amount..................... Section 11.04(d) Original Class II-A-2 Notional Amount..................... Section 11.05 Original Principal Balances of the Classes of Class A Certificates................................................ Section 11.06 Original Aggregate Non-PO Principal Balance.................. Section 11.07 Original Aggregate Class A Percentage........................ Section 11.08 Original Class B Principal Balance........................... Section 11.09 Original Principal Balances of the Classes of Class B Certificates................................................ Section 11.10 Original Class B-1 Fractional Interest....................... Section 11.11 Original Class B-2 Fractional Interest....................... Section 11.12 Original Class B-3 Fractional Interest....................... Section 11.13 Original Class B-4 Fractional Interest....................... Section 11.14 Original Class B-5 Fractional Interest....................... Section 11.15 Original Class B-6 Fractional Interest....................... Section 11.16
Original Notional Amount. Section 11.04(a) Original Class I-A-3 Notional Amount. The Original Class I-A-3 Notional Amount is $70,000,000.00.
Original Notional Amount. The Original Notional Amount is $53,825,110.00.
Original Notional Amount. (a) Original Class A-2 Notional Amount. The Original Class A-2 Notional Amount is $167,095,500.00.
Original Notional Amount. Original Group II-A Non-PO Principal Balance................ Section 11.07 Original Aggregate Subordinate Percentage................... Section 11.08 Original Class B Principal Balance.......................... Section 11.09
Original Notional Amount. (a) Original Class A-8 Notional Amount. The Original Class A-8 Notional Amount is $100,000,000.00.