Outstanding Principal Amount of the Class C Notes definition

Outstanding Principal Amount of the Class C Notes means, at any time, the initial aggregate principal amount of the Class C Notes that have been issued pursuant to Section 2.1(d) minus the amount of principal paid to holders of the Class C Notes pursuant to Section 4.2(2)(h);

Examples of Outstanding Principal Amount of the Class C Notes in a sentence

  • Upon the payment of Class C Deferred Interest previously capitalized as principal, the Aggregate Outstanding Principal Amount of the Class C Notes will be reduced by the amount of such payment.

  • For greater certainty, the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h) which is to be applied from the Series 2024-1 Note Liquidation Account on account of principal pursuant to Section 5.1.

  • For greater certainty, the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h) which is to be applied from the Series 2023-2 Note Liquidation Account on account of principal pursuant to Section 5.1.

  • For greater certainty, the amount payable on each Principal Payment Date in respect of the Class C Notes shall be the Outstanding Principal Amount of the Class C Notes at such time to the extent of available funds for such purpose pursuant to Section 4.2(2)(h) which is to be applied from the Series 2025-1 Note Liquidation Account on account of principal pursuant to Section 5.1.

Related to Outstanding Principal Amount of the Class C Notes

  • 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.

  • Class P Principal Amount As of the Closing Date, $100.

  • Class Principal Amount With respect to each Class of Certificates other than any Class of Notional Certificates, the aggregate of the Certificate Principal Amounts of all Certificates of such Class at the date of determination. With respect to each Class of Notional Certificates, zero.

  • Required Subordinated Amount of Class C Notes means, for the Class A( - ) Notes for any date of determination, an amount equal to the product of

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of