Maximum VFN Principal Balance definition

Maximum VFN Principal Balance. For any VFN Class, the amount specified in the related Indenture Supplement.
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Maximum VFN Principal Balance in its entirety and replacing such definition with the following:
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Maximum VFN Principal Balance means, for the Series 2013-VF2 Notes, $400,000,000 or, on any date, a lesser amount calculated pursuant to a written agreement between the Servicer, the Administrator and the Administrative Agent.
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Examples of Maximum VFN Principal Balance in a sentence

  • Furthermore, following a reduction in the Maximum VFN Principal Balance pursuant to this clause (ii), the Issuer shall not at any time be permitted to request an increase in the Maximum VFN Principal Balance.

  • Following such permanent reduction, the applicable VFN Noteholders shall only be required to fund increases in the VFN Principal Balance up to such reduced Maximum VFN Principal Balance.

  • Any such repayment pursuant to this Section 13.1(d) shall reduce the principal balance of such Variable Funding Notes but shall not result in a reduction of any funding commitments related thereto or the Maximum VFN Principal Balance thereof (unless otherwise agreed between the Noteholders of such Variable Funding Notes and the Issuer) and (ii) may be made on a non-pro rata basis with other Series of Variable Funding Notes.

  • For the avoidance of doubt, the Issuer may reduce the Maximum VFN Principal Balance at any time to an amount not less than the current VFN Principal Balance.

  • Any such repayment pursuant to this Section 13.1(e) shall reduce the principal balance of such Variable Funding Notes but shall not result in a reduction of any funding commitments related thereto or the Maximum VFN Principal Balance thereof (unless otherwise agreed between the Noteholders of such Variable Funding Notes and the Issuer) and (ii) may be made on a non-pro rata basis with other Series of Variable Funding Notes.


More Definitions of Maximum VFN Principal Balance

Maximum VFN Principal Balance means, (i) for Class A-VF1, $707,890,666.00, (ii) for Class B-VF1, $43,674,667.00, (iii) for Class C-VF1, $23,782,667.00, and (iv) for Class D-VF1, $24,652,000.00 or, in the case of each such Class on any date, a lesser amount calculated pursuant to a written agreement between the Servicer, the Administrator and the Administrative Agent.”
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Maximum VFN Principal Balance. [$___________]
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Maximum VFN Principal Balance has the meaning assigned to such term in the Pricing Side Letter.
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Maximum VFN Principal Balance means, at any time, the lesser of (i) the Maximum Committed Purchase Price and (ii) the amount that results from a permanent reduction pursuant to Section 4.3(b)(ii) of the Base Indenture.
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Maximum VFN Principal Balance means: (i) on any date of determination prior to April 15, 2015, (A) for the Class A-VF2 Variable Funding Notes, $660,570,000, (B) for the Class B-VF2 Variable Funding Notes, $72,570,000, (C) for the Class C-VF2 Variable Funding Notes, $38,000,000, and (D) for the Class D-VF2 Variable Funding Notes, $28,860,000; (ii) on any date of determination on or after April 15, 2015, (A) for the Class A-VF2 Variable Funding Notes, $578,000,000, (B) for the Class B-VF2 Variable Funding Notes, $63,500,000, (C) for the Class C-VF2 Variable Funding Notes, $33,250,000, and (D) for the Class D-VF2 Variable Funding Notes, $25,250,000;or (iii) in the case of each such Class on any date, such lesser amount calculated pursuant to a written agreement between the Servicer, the Administrator and the Administrative Agent.”
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Maximum VFN Principal Balance. Initially $[200,000,000], or such other lesser amount as may be agreed upon by the parties hereto or as reduced pursuant to Section 4.3(b)(ii).
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Maximum VFN Principal Balance means, for the Series 20[ ]-[ ] Notes, $[ ] or (i) such other amount, calculated pursuant to a written agreement between the Administrator and the Administrative Agent or (ii) such lesser amount designated by the Administrator in accordance with the terms of the Base Indenture.]
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