Class A Note Principal Balance definition

Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.
Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to Class A Noteholders on or prior to such date.
Class A Note Principal Balance means, with respect to any date, an amount equal to the excess of (a) the Class A Note Initial Principal Balance over (b) the aggregate amount of any principal payments made to the Class A Noteholders pursuant to subsection 2.7(d) prior to such date.

Examples of Class A Note Principal Balance in a sentence

  • The aggregate notional amount under the Class A Swap shall, at any time, be equal to the Class A Note Principal Balance at such time.

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

  • The aggregate notional amount under the Class A Derivatives Agreement shall, at any time, be equal to the Class A Note Principal Balance at such time.

  • The Class A Note Principal Balance will be determined from time to time by the Indenture Trustee in accordance with the Indenture.

  • The Class A Note Principal Balance on any date of determination will be an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or before such date.


More Definitions of Class A Note Principal Balance

Class A Note Principal Balance means, as of any date of determination, the Class A Note Initial Principal Balance, minus the aggregate amount of any principal payments made to the Class A Noteholders before such date.
Class A Note Principal Balance means, on any date, (a) the Class A Initial Note Principal Balance, plus (b) the total amount of Class A Note Principal Balance Increases made on or prior to such date, minus (c) the total amount of principal payments made on the Class A Notes on or prior to such date.
Class A Note Principal Balance means, at any time, the Initial Class A Note Principal Balance minus all payments theretofore received by the Class A Noteholders on account of principal.
Class A Note Principal Balance means, at any time, the Class A Note Principal Balance outstanding at such time; provided, however, that any reduction of the Class A Note Principal Balance shall be restored in the amount of any Collections or other payments received and applied to the Class A Note if at any time the distribution of such Collections or payments are rescinded, returned or refunded for any reason.
Class A Note Principal Balance. With respect to any date of determination, (a) the Original Class A Note Principal Balance less (b) the aggregate of amounts previously distributed as principal to the Class A Noteholders; provided, however, exclusively for the purpose of determining any subrogation rights of the Insurer, the “Class A Note Principal Balance” of the Class A Notes is not reduced by the amount of any payments made by the Insurer in respect of principal on the Class A Notes under the Policy, except to the extent the payment has been reimbursed to the Insurer pursuant to the provisions hereof.
Class A Note Principal Balance means the sum of the Class A-1 Note Principal Balance, the Class A-2 Note Principal Balance, the Class A-3 Note Principal Balance, the Class A-4 Note Principal Balance and the Class A-5 Note Principal Balance.
Class A Note Principal Balance. As of any time of determination, the Original Class A Note Principal Balance plus the aggregate principal amount of all additional Borrowings pursuant to Section 10.1 of the Indenture less the aggregate of all amounts actually distributed to the holders of the Class A Notes on account of principal pursuant to Section 3.2 or 3.8 prior to such date.