Class A Target Principal Amount definition

Class A Target Principal Amount means, with respect to any Payment Date, the product of (i) the Class A Percentage and (ii) the Contract Pool Principal Balance as of the related Accounting Date.
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Class A Target Principal Amount means:
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Class A Target Principal Amount means, with respect to any Payment Date or the immediately preceding Cut-Off Date, an amount equal to the least of (a) the Class A Principal Amount as of that Cut-Off Date, (b) the excess (if any) of (i) the Aggregate Outstanding Loan Principal Amount as of that Cut-Off Date over (ii) the Class B Principal Amount as of that Cut-Off Date and (c) the Class A Target Principal Amount with respect to the next preceding Payment Date;
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More Definitions of Class A Target Principal Amount

Class A Target Principal Amount means, as of any PAYMENT DATE, (a) unless no PRINCIPAL DEFICIENCY
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Class A Target Principal Amount means, as of any Payment Date, (i) if no Accelerated Amortisation Event has occurred on the related Calculation Date (or there has been a Waiver of such Accelerated Amortisation Event), the excess (if any) of (a) the Adjusted Aggregate Asset Amount Outstanding as of the Calculation Date immediately preceding such Payment Date over
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Class A Target Principal Amount means, with respect to any Distribution Date, the product of (a) the Class A Percentage and (b) the ADCB for all Contracts held by the Trust as of the last day of the Collection Period immediately preceding such Distribution Date.
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Class A Target Principal Amount means, with respect to any Payment Date or the immediately preceding Cut-Off Date:
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Class A Target Principal Amount means, in respect of each Payment Date an amount, calculated on the immediately preceding Calculation Date, equal to the lesser of (a) the Principal Amount Outstanding of the Class A Notes as of such Calculation Date, and (b) the excess (if any) of the Outstanding Principal of all Claims (other than Defaulted Claims) as of the immediately preceding Collection Date over the aggregate of the Principal Amount Outstanding of the Class B Notes and the Principal Amount Outstanding of the Class C Notes as of such Calculation Date.
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Class A Target Principal Amount means, as of any Payment Date, (a) if a Principal Deficiency Trigger Event does not occur, the excess (if any) of (i) the Aggregate Outstanding Principal Amount (as calculated by the Servicer) as of the Cut- Off Date immediately preceding such Payment Date over (ii) the Class B Principal Amount outstanding as of the Cut-Off Date immediately preceding such Payment
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Related to Class A Target Principal Amount

  • Class B-2 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-6 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-1 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class A-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum as to each Outstanding Mortgage Loan, of the product of (x) the PO Fraction with respect to such Mortgage Loan and (y) the sum of: