Aggregate Maximum Principal Amount definition

Aggregate Maximum Principal Amount means Ninety Million Dollars ($90,000,000.00), as such amount may be reduced from time to time in accordance with the terms hereof or the Series 2017-One Purchase Agreement.
Aggregate Maximum Principal Amount. For all Boeing 747-400F Aircraft $538,915,000 The aggregate original principal amount of all Equipment Notes for all Aircraft shall not exceed the aggregate face amount of all Certificates issued on the Issuance Date. The aggregate original principal amount of all Equipment Notes of any series shall not exceed the aggregate face amount of all Certificates of the related Class issued on the Issuance Date. Initial Loan to Aircraft Value (with the value of any Aircraft equal to the value for such Aircraft set forth in the Offering Memorandum in "Offering Memorandum Summary--Summary of Terms of Certificates--Equipment Notes and the Aircraft" under the column "Appraised Value"): Series A: not in excess of 38.1% Series B: not in excess of 52.8% Series C: not in excess of 68.4% Initial Average Life (in years) for each Boeing 747-400F Aircraft from the Issuance Date: Series A: not less than 11.5 years or more than 15 years Series B: not less than 8.5 years or more than 12 years Series C: not less than 4.5 years or more than 7.5 years Average Life (in years): As of the Delivery Period Termination Date (or if earlier, the date of the occurrence of a Triggering Event), the average life of the Class A Certificates, the Class B Certificates and the Class C Certificates shall not be less than, respectively, 13.5 years, 10 years and 5 years or shall not extend beyond, respectively, 15 years, 11 years and 6.5 years from the Issuance Date (computed without regard to the acceleration of any Equipment Notes and after giving effect to any special distribution on the Certificates thereafter required in respect of unused Deposits).

Related to Aggregate Maximum Principal Amount

  • Maximum Principal Amount means the maximum principal amount of the ------------------------ Revolving Credit Commitment, up to which the applicable Lender has agreed to lend funds and/or participate in the issuance of Letters of Credit as set forth in Schedule 1 attached hereto, as such amounts may be reduced or terminated from time to time pursuant to Paragraph 2.8 hereof.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • PO Principal Amount As to any Distribution Date and Loan Group, the sum of the applicable PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with any Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.

  • Initial Principal Amount means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement.