Class C Note Principal Balance definition

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

  • On the date on which the Class C Note Principal Balance has been paid in full, after making any payments to the Noteholders required pursuant to Sections 4.11(a), (b), (c) and (d), the Issuer shall withdraw from the Spread Account all amounts then remaining in the Spread Account and pay such amounts to the holders of the Transferor Interest.

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

  • On the date on which the Class C Note Principal Balance has been paid in full, after making any payments to the Noteholders required pursuant to subsections 4.12(c), (d) and (e), the Indenture Trustee, at the written direction of Servicer, shall withdraw from the Spread Account all amounts then remaining in the Spread Account and pay such amounts to the holders of the Transferor Interest.

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

  • On the date on which the Class C Note Principal Balance has been paid in full, after making any payments to the Noteholders required pursuant to Sections 4.12(c), (d) and (e), the Indenture Trustee, at the written direction of Servicer, shall withdraw from the Spread Account all amounts then remaining in the Spread Account and pay such amounts to the Transferor.


More Definitions of Class C Note Principal Balance

Class C Note Principal Balance means, on any date, (a) the Class C Initial Note Principal Balance, minus (b) the total amount of principal payments made on the Class C Notes on or prior to such date.
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Class C Note Principal Balance. As of any date, the Class C Note Initial Principal Balance, minus the aggregate amount of any principal payments made to the Class C Noteholders on or prior to such date.
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Class C Note Principal Balance. Sold: $________
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Class C Note Principal Balance means, on any date, (a) the Class C Initial Note Principal Balance, minus (b) the total amount of principal payments made on the Class C Notes on or prior to such date[, including, for the avoidance of doubt, principal payments consisting of Series Pre-Funding Proceeds].
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Class C Note Principal Balance means, on any date, the sum of the Class C-1 Note Principal Balance and the Class C-2 Note Principal Balance, each as of such date.
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Class C Note Principal Balance. Transferee Class C Purchaser
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Class C Note Principal Balance. As of the Closing Date, $100,000,000. As of any Payment Date with respect to the Class C Certificates, the Class C Note Principal Balance as of the Closing Date less any amounts actually distributed theretofor as principal thereon to the Class C Notes on all prior Payment Dates.
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