Minimum Principal Payment Amount definition

Minimum Principal Payment Amount means, for the Series 2011-1 Notes on any Payment Date, one of the following:
View Source
Minimum Principal Payment Amount. With respect to any Series, the amount identified as such in the related Supplement.
View Source
Minimum Principal Payment Amount means, for the Series 2006-1 Notes then Outstanding on any Payment Date, an amount equal to the excess, if any, of (x) the Aggregate Series 2006-1 Note Principal Balance on such Payment Date (prior to giving effect to any payments to be made on such date), over (y) the Minimum Targeted Principal Balance for such Series 2006-1 Notes for such Payment Date.
View Source

Examples of Minimum Principal Payment Amount in a sentence

  • Your Minimum Principal Payment Amount will be greater of $100 or 10% of the Principal Balance.

  • The Minimum Principal Payment Amount for each Billing Cycle is determined at the time you take your Cash Advance as follows: Your Minimum Principal Payment Amount will be the greater of $50 or 5% of your Principal Balance.

  • Your Minimum Payment Amount for each Billing Cycle consists of the Minimum Principal Payment Amount, plus Minimum Charges (Finance Charges), for that Billing Cycle.

  • Payment of the Supplemental Principal Payment Amount on each Payment Date is subordinated to payment in full on such Payment Date of the Minimum Principal Payment Amount and the Scheduled Principal Payment Amount for the Series 2006-1 Notes and any other Notes then Outstanding.

  • The Minimum Principal Payment Amount and Scheduled Principal Payment Amounts for the Series A2 Notes shall be calculated on the date on which a Conversion Event occurs in accordance with the terms of the Indenture and Section 2.05 of this Supplement.


More Definitions of Minimum Principal Payment Amount

Minimum Principal Payment Amount means, for any Payment Date, the “Minimum Principal Payment Amount” specified therefor on the Amortization Schedule.
View Source
Minimum Principal Payment Amount means that portion of the Minimum Payment Amount that you will pay each Billing Cycle that is applied to your outstanding Principal Balance.
View Source
Minimum Principal Payment Amount means, with respect to any subclass of ACS Group Class A Securities, as of any Payment Date, the product of (i) the ACS Group Class A Security Portion for such Payment Date and (ii) the Assumed Monthly Depreciation for such Payment Date.
View Source
Minimum Principal Payment Amount. Except as set forth in an applicable Supplement for any Series of Outstanding Notes for any Payment Date, the excess, if any, of (x) the then aggregate unpaid principal balance of such Series over (y) the Minimum Targeted Principal Balance for such Series for such Payment Date.
View Source
Minimum Principal Payment Amount means, for each Class of Equipment Notes within a Series and for any Payment Date, the excess, if any, of (x) the sum of the then Outstanding Principal Balance of all Equipment Notes of such Class over (y) the Minimum Targeted Principal Balance of such Class for such Payment Date.
View Source
Minimum Principal Payment Amount. This term shall have the meaning set forth in the related Supplement.
View Source
Minimum Principal Payment Amount means, with respect to Series 2014-1, the Class A Minimum Principal Payment Amount and the Class B Minimum Principal Payment Amount.
View Source