Class B Outstanding Principal Amount definition

Class B Outstanding Principal Amount means, when used with respect to any Business Day, an amount equal to (a) the Class B Initial Invested Amount minus (b) the aggregate amount of principal payments made to Class B Securityholders prior to such Business Day.
View Source
Class B Outstanding Principal Amount equals the aggregate initial outstanding principal amount of the Class B Notes, minus any principal payments made to holders of the Class B Notes.
View Source
Class B Outstanding Principal Amount. As of any Payment Date, the Class B Initial Principal Amount reduced by (i) all payments, if any, on the Class B Notes in reduction of their principal amount made on all prior Payment Dates and (ii) all Class B Realized Loss Amounts with respect to prior Payment Dates.
View Source

Examples of Class B Outstanding Principal Amount in a sentence

  • On the Expected Principal Payment Date, amounts on deposit in the Series 2010-1 Principal Funding Account shall be distributed as principal first, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), second, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date), and third, to the Class C Noteholders (up to a maximum of the Class C Outstanding Principal Amount on such Payment Date).

  • On each Payment Date during an Early Redemption Period, amounts on deposit in the Series 200_-_ Principal Funding Account shall be distributed as principal FIRST, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), and SECOND, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date).

  • On the Expected Principal Payment Date, amounts on deposit in the Series 2005-1 Principal Funding Account shall be distributed as principal first, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), and second, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date).

  • On the Expected Principal Payment Date, amounts on deposit in the Series 2009-1 Principal Funding Account shall be distributed as principal first, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), second, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date), and third, to the Class C Noteholders (up to a maximum of the Class C Outstanding Principal Amount on such Payment Date).

  • The Servicer shall withdraw the remaining Pre-Funded Amount, if any, on deposit in the Pre-Funding Account not later than the fifth Business Day of the December 2004 Monthly Period and deposit such amount into the Principal Account for payment to Series 2004-2 Securityholders pro rata based on the Class A Outstanding Principal Amount, the Class M Outstanding Principal Amount, the Class B Outstanding Principal Amount and the Excess Collateral Outstanding Principal Amount on such date.

  • On each Payment Date during an Early Redemption Period, amounts on deposit in the Series 2005-1 Principal Funding Account shall be distributed as principal first, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), and second, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date).

  • On the Expected Principal Payment Date, amounts on deposit in the Series 2004-1 Principal Funding Account shall be distributed as principal first, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), and second, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date).

  • On each Payment Date during an Early Redemption Period, amounts on deposit in the Series 2004-1 Principal Funding Account shall be distributed as principal first, to the Class A Noteholders (up to a maximum of the Class A Outstanding Principal Amount on such Payment Date), and second, to the Class B Noteholders (up to a maximum of the Class B Outstanding Principal Amount on such Payment Date).


More Definitions of Class B Outstanding Principal Amount

Class B Outstanding Principal Amount means with respect to the Class B Certificates, when used with respect to any Business Day, an amount equal to (a) the Class B Initial Invested Amount MINUS (b) the aggregate amount of principal payments (including principal payments made from the Pre-Funding Account) made to the Class B Certificateholders on or prior to such Business Day.
View Source
Class B Outstanding Principal Amount means, when used with respect to any Business Day, an amount equal to (a) $51,100,000, minus (b) the aggregate amount of principal payments made to Class B Certificateholders on or prior to such Business Day, minus (c) the Class B Invested Amount represented by any Class B Certificates purchased by the Transferor on the secondary market which have been cancelled by the Trustee at the Transferor's request in accordance with Section 14 of this Series Supplement.
View Source
Class B Outstanding Principal Amount means, when used with respect to any date, an amount equal to (a) the Class B Initial Principal Amount minus (b) the aggregate amount of principal payments (whether pursuant to a Class B Decrease, a redemption or otherwise) made to the Class B Noteholders on or prior to such date plus (c) any Increases in the Class B Principal Amount pursuant to Section 2.1(a) of this Series Supplement on or prior to such date.
View Source
Class B Outstanding Principal Amount means on any day, JPY1,000,000,000 as reduced on or prior to such day as provided in this paragraph 13 and, on any day after the Scheduled Maturity Date, less any Class Preliminary Redemption Amount in respect of the Class B Notes paid on the Scheduled Maturity Date.
View Source

Related to Class B Outstanding Principal Amount

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Outstanding Principal Amount means, in respect of a Covered Bond, its principal amount less, in respect of any Instalment Covered Bond, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.06 or otherwise as indicated in the Final Terms.

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.

  • 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.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.