Class D Note Principal Balance definition

Class D Note Principal Balance means, on any date of determination, an amount equal to (a) the Class D Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class D Noteholders on or prior to such date.
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Class D Note Principal Balance means, on any date, (a) the Class D Initial Note Principal Balance, minus (b) the total amount of principal payments made on the Class D Notes on or prior to such date.
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Class D Note Principal Balance. As of any date, the Class D Note Initial Principal Balance, minus the aggregate amount of any principal payments made to the Class D Noteholders on or prior to such date.
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Examples of Class D Note Principal Balance in a sentence

  • On the date on which the Class D 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.

  • On the date on which each of the Class C Note Principal Balance and the Class D Note Principal Balance has been paid in full (including amounts to be paid to the Class C Noteholders and the Class D Noteholders pursuant to subsection 4.11(d) above), the Indenture Trustee, at the written direction of the Servicer, shall withdraw from the Cash Collateral Account all amounts then remaining in the Cash Collateral Account and pay such amounts to the Transferor.

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

  • Upon termination of the Trust, the Indenture Trustee shall release any remaining Pledged Property to the Trust Certificate Holder but not if the Class A Note Principal Balance, the Class B Note Principal Balance, the Class C Note Principal Balance, the Class D Note Principal Balance and the Class E Note Principal Balance have not been reduced to zero or any amounts are owing to the Indenture Trustee.

  • The Indenture Trustee shall, upon the written instruction of the Trust, in exchange for the Pledged Property, authenticate and deliver the Class A Notes and the Subordinate Notes executed by the Trust in authorized denominations equaling in the aggregate the Initial Class A Note Principal Balance, the Initial Class B Note Principal Balance, the Initial Class C Note Principal Balance, the Initial Class D Note Principal Balance and the Initial Class D Note Principal Balance.

  • The Indenture Trustee shall, upon the written instruction of the Issuers, in exchange for the Pledged Property, authenticate and deliver (i) the Notes executed by the Issuers in authorized denominations equaling in the aggregate the Initial Class A Note Principal Balance, the Initial Class B Note Principal Balance, the Initial Class C Note Principal Balance and the Initial Class D Note Principal Balance, respectively, and (ii) Certificate I and Certificate II.

  • On the date on which the Class C Note Principal Balance and the Class D Note Principal Balance has been paid in full (including amounts to be paid to the Class C Noteholders and the Class D Noteholders pursuant to subsection 4.11(e) above), the Indenture Trustee, at the direction of the Servicer, shall withdraw from the Spread Account all amounts then remaining in the Spread Account and pay such amount to the Trust for distribution to the holders of the Transferors' Interest.

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


More Definitions of Class D Note Principal Balance

Class D Note Principal Balance means, on any date, (a) the Class D Initial Note Principal Balance, minus (b) the total amount of principal payments made on the Class D 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 D Note Principal Balance means, on any date of determination, an amount equal to (a) the Class D Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to Class D Noteholders on or prior to such date.
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Related to Class D Note Principal Balance

  • 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.

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

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Class C Note Initial Principal Balance means $52,500,000.