Partial Amortization Amount definition
Partial Amortization Amount has the meaning specified in Section 4.03(a).
Partial Amortization Amount shall have the meaning specified in --------------------------- subsection 4.07(b) of the Agreement.
Partial Amortization Amount means, as of any date, the smallest amount that, if distributed to the Senior Certificateholders on such date, would result in (x) (i) the sum of the Class A Principal Balance and the Class B Principal Balance on such date not being greater than (ii) the sum of the Class A Purchase Limit plus the Class B Purchase Limit on such date, and (y) the Class B-2 Principal Balance on such date not being greater than the Class B-2 Purchase Limit on such date.
Examples of Partial Amortization Amount in a sentence
On each Distribution Date, each Scheduled Partial Amortization Amount shall be reduced by the amount of Reallocated Principal Collections applied to the related Referenced Series on such Distribution Date.
Such -------------- notice (except in the case of a Mandatory Partial Amortization Amount) shall be effective only if received by each of the Trustee, the Certificate Agents and the Collateral Interest Holder at least 4 Business Days prior to the Specified Date.
The provisions of clause (iii) above shall not apply for any Principal Distribution Date until the Partial Amortization Amount has been reduced to zero.
More Definitions of Partial Amortization Amount
Partial Amortization Amount. With respect to (i) the Series 2007-1 Notes, a Series 2007-1 Partial Amortization Amount (as defined in the Series 2007-1 Supplement) and (ii) any Series of Notes, the meaning specified in the applicable Series Supplement.
Partial Amortization Amount is defined in Section 2.8(c).
Partial Amortization Amount means, as of any date, the sum of the unpaid Class A-1 Exiting Purchaser Amortization Amount, the unpaid Class A-2 Exiting Purchaser Amortization Amount and the unpaid Class B Exiting Purchaser Amortization Amount.