Class B Monthly Principal Distributable Amount definition

Class B Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Class B Percentage of the Principal Distribution Amount.
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Class B Monthly Principal Distributable Amount means, for any Payment Date, the sum of (a) the Class B Adjusted Principal Distributable Amount and (b) the Class B Principal Carryover Shortfall; provided that on the Class B Note Final Payment Date, the Class B Monthly Principal Distributable Amount shall equal the outstanding principal balance of the Class B Notes.
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Class B Monthly Principal Distributable Amount means with respect to any Payment Date, the sum of (a) the Class B Percentage of an amount equal to (i) the Monthly Principal Distributable Amount for that Payment Date less, (ii) the amount allocated in clause (a) of the definition of "Class A Monthly Principal Distributable Amount" and (b) the excess, if any, of the Class A Uncapped Monthly Principal Distributable Amount over the Class A Monthly Principal Distributable Amount; provided, however, that the Class B Monthly Principal Distributable Amount shall not exceed the excess of the Outstanding Amount of the Class B Notes over the Class B Principal Carryover Shortfall.
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More Definitions of Class B Monthly Principal Distributable Amount

Class B Monthly Principal Distributable Amount means, with respect ---------------------------------------------- to any Distribution Date, the Class B Percentage of the Principal Distribution Amount. "Class B Pass-Through Rate" means___%. ------------------------- "Class B Percentage" means ___%. ------------------
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Related to Class B Monthly Principal Distributable Amount

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Certificate Monthly Principal Distributable Amount means, with respect to any Payment Date, the Certificate Percentage of the Principal Distributable Amount for such Payment Date.

  • Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Noteholders’ Percentage of the Principal Distributable Amount.

  • Class A Principal Distributable Amount means, for any Distribution Date: (A) during the Revolving Period, zero; and (B) during the Amortization Period, an amount equal to the lesser of: (i) Available Funds remaining after payment of the amounts set forth in clauses (i) through (iv) of Section 5.08(a) hereto and (ii) the Class A Note Balance; provided, however, on the Class A Stated Final Maturity Date, the Class A Principal Distributable Amount will equal the Class A Note Balance.

  • Class B Principal Distributable Amount means, for any Distribution Date: (A) during the Revolving Period, zero; and (B) during the Amortization Period, an amount equal to the lesser of: (i) the positive difference of (x) Available Funds remaining after payment of the amounts set forth in clauses (i) through (iv) of Section 5.08(a) hereto minus (y) the Class A Principal Distributable Amount and (ii) the Class B Note Balance; provided, however, on the Class B Stated Final Maturity Date, the Class B Principal Distributable Amount will equal the Class B Note Balance.