Additional Note Principal Balance definition

Additional Note Principal Balance. With respect to each Transfer Date, the aggregate Sales Prices of all Loans conveyed on such date.
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Additional Note Principal Balance. As defined in the Sale and Servicing Agreement.
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Additional Note Principal Balance. With respect to each (i) Transfer Date, the aggregate Sales Prices of all Loans conveyed on such date and (ii) Funding Date, the amount of Additional Note Balance purchased by the Issuer from the Advance Trust on such date.
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Examples of Additional Note Principal Balance in a sentence

  • By its acceptance of this Note, each Noteholder covenants and agrees, until the earlier of (a) the termination of the Revolving Period and (b) the Maturity Date, on each Transfer Date to advance amounts in respect of Additional Note Principal Balance hereunder to the Issuer, subject to and in accordance with the terms of the Indenture, the Sale and Servicing Agreement and the Note Purchase Agreement.

  • The Initial Noteholder shall record on the schedule attached to such Noteholder's Note, the date and amount of any Additional Note Principal Balance advanced by it; provided, that failure to make such recordation on such schedule or any error in such schedule shall not adversely affect any Noteholder's rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder.

  • The Initial Noteholder shall record on the schedule attached to such Noteholder’s Note, the date and amount of any Additional Note Principal Balance advanced by it; provided, that failure to make such recordation on such schedule or any error in such schedule shall not adversely affect any Noteholder’s rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder.

  • The Servicer shall withdraw the amount deposited in respect of Additional Note Principal Balance from the Advance Account in respect of such deposit and distribute such amount to or at the direction of the Depositor.

  • The Indenture Trustee shall, subject to the satisfaction of the conditions precedent set forth in Section 2.11 or Section 2.12, as applicable, simultaneously transfer such Additional Note Principal Balance, to or at the direction of the Issuer in accordance with the written instructions of the Issuer.

  • On the identified Transfer Date, the Purchaser agrees to purchase the Additional Note Principal Balance requested in the Purchase Request, subject to the terms and conditions and in reliance upon the covenants, representations and warranties set forth herein and in the other Basic Documents.

  • Each Noteholder shall record, on the schedule attached to such Noteholder’s Note, the date and amount of any Additional Note Principal Balance advanced by it, and each repayment thereof; provided that failure to make such recordation on such schedule or any error in such schedule shall not adversely affect any Noteholder’s rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder.

  • Each Noteholder shall record on the schedule attached to such Noteholder's Note, the date and amount of any Additional Note Principal Balance advanced by it; provided, that failure to make such recordation on such schedule or any error in such schedule shall not adversely affect any Noteholder's rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder.

  • The undersigned , a duly appointed of , acting in such capacity, hereby requests an advance of Additional Note Principal Balance in an amount of $ , such amount to be advanced on , 200 , a Business Day at least [one Business Day] from the date hereof.

  • The Note Agent shall record on the schedule attached to such Noteholder's Note, the date and amount of any Additional Note Principal Balance advanced by it; provided, that failure to make such recordation on such schedule or any error in such schedule shall not adversely affect any Noteholder's rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder.


More Definitions of Additional Note Principal Balance

Additional Note Principal Balance has the meaning set forth in Section 2.13(a).
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Additional Note Principal Balance. With respect to each Transfer Date, the lesser of (i) the product of (x) an amount equal to the average of the Advance Factors with respect to the Loans conveyed on such date, weighted by Transfer Cut-off Date Principal Balances multiplied by (y) the sum of the Transfer Cut-off Date Principal Balances of the Loans conveyed as of such Transfer Date, and (ii) the product of (x) the average Maximum Advance Factors of the Loans conveyed on such date weighted by Transfer Cut-off Date Principal Balances multiplied by (y) the sum of the Market Value of all Loans conveyed on such date, in either case subtracting from the product any Overcollateralization Shortfall as of such date.
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Additional Note Principal Balance. With respect to each Transfer Date, the aggregate Sales Price of all Loans conveyed to the Issuer on such date. Administration Agreement: The Administration Agreement, dated as of September 17, 2003, between the Issuer and the Administrator, as the same may be amended and supplemented from time to time. Administrator: CapitalSource Finance LLC, in its capacity as Administrator under the Administration Agreement. Affiliate: With respect to any specified Person, any other Person controlling or controlled by or under common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise, and the terms “controlling” and “controlled” have meanings correlative to the foregoing. Agreement: This Sale and Servicing Agreement, as the same may be amended and supplemented from time to time. Amortization Period: The period commencing on the date of termination of the Revolving Period (other than pursuant to Section 2.08) and terminating on the earlier of (i) the date which is six months following the end of the Revolving Period, and (ii) the date on which the Amortization Period is terminated pursuant to Section 2.08. In the event that the Revolving Period is terminated pursuant to Section 2.08 prior to the commencement of the Amortization Period, the Amortization Period shall not be applicable.
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Additional Note Principal Balance. With respect to each Transfer Date, the lesser of (i) the product of (x) an amount equal to the average of the Advance Factors with respect to the Loans conveyed on such date, weighted by Transfer Cut-off Date Principal Balances multiplied by (y) the sum of the Transfer Cut-off Date Principal Balances of the Loans conveyed as of such Transfer Date, and (ii) the product of (x) the average Maximum Advance Factors of the Loans conveyed on such date weighted by Transfer Cut-off Date Principal Balances multiplied by (y) the sum of the Market Value of all Loans conveyed on such date, in either case subtracting from the product any Overcollateralization Shortfall as of such date. With respect to each Collateral Value Excess Date, an amount equal to the Additional Note Principal Balance that the Issuer sells to the Initial Noteholder pursuant to the Note Purchase Agreement on such Collateral Value Excess Date.
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Additional Note Principal Balance. As defined in Section 2.02(a).
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Additional Note Principal Balance. With respect to each Transfer Date, the aggregate Sales Price of all Loans conveyed to the Issuer on such date. Administration Agreement: The Administration Agreement, dated as of September 17, 2003, between the Issuer and the Administrator, as the same may be amended and supplemented from time to time. Administrator: CapitalSource Finance LLC, in its capacity as Administrator under the Administration Agreement. Affiliate: With respect to any specified Person, any other Person controlling or controlled by or under common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise, and the terms “controlling” and “controlled” have meanings correlative to the foregoing. Agreement: This Sale and Servicing Agreement, as the same may be amended and supplemented from time to time.
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Related to Additional Note Principal Balance

  • Initial Note Principal Balance means, with respect to each Note as of any date of determination, the “Initial Note Principal Balance” for such Note set forth in Part B of the Mortgage Loan Schedule.

  • Original Note Principal Balance means the Original Note Principal Balance of both Classes of Notes, or the Original Note Principal Balance of the Class 1-A Notes or the Class 2-A Notes, as applicable, each as reflected in the Adoption Annex.

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Class B Note Principal Balance means, on any date of determination, an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.