Initial Class Principal Balance. As set forth in the Preliminary Statement.
Initial Class Principal Balance. With respect to any Class of Principal Balance Certificates, the initial Class Principal Balance thereof as of the Closing Date, in each case as set forth in the Preliminary Statement.
Initial Class Principal Balance. Certificate Rate : Adjustable CUSIP : Class : A-_A DELTA FUNDING HOME EQUITY LOAN TRUST 2000-1 Home Equity Loan Asset-Backed Certificates, Series 2000-1 Class A-_A evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust consisting primarily of a pool of closed-end adjustable rate home equity loans (the "Mortgage Loans") Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Seller or the Trustee referred to below or any of their respective affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that CEDE & CO. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Denomination of this Certificate by the Class Principal Balance) in certain monthly distributions with respect to the Trust. The Trust was created pursuant to a Pooling and Servicing Agreement dated as of the Cut-Off Date specified above (the "Agreement") among Delta Funding Corporation, as seller and servicer (in such capacities, the "Seller" or the "Servicer") and Norwest Bank Minnesota, National Association, as trustee (the "Trustee"). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.
Examples of Initial Class Principal Balance in a sentence
FEDERAL HOME LOAN MORTGAGE CORPORATION APPENDIX I STACR® DEBT NOTES, SERIES 2016-DNA1 ORIGINAL NOTE TERMS $996,000,000 Class of Notes Initial Class Principal Balance CUSIP Number Maturity Date M-1 $252,000,000 0000X0XX0 July 2028 M-2 $240,000,000 0000X0XX0 July 2028 M-3 $468,000,000 0000X0XX0 July 2028 B $36,000,000 0000X0XX0 July 2028 The Original Notes bear interest as shown in the following table.
FEDERAL HOME LOAN MORTGAGE CORPORATION APPENDIX I STACR® DEBT NOTES, SERIES 2016-HQA4 ORIGINAL NOTE TERMS $478,000,000 Class of Notes Initial Class Principal Balance CUSIP Number Maturity Date M-1 $125,000,000 0000X0XX0 April 2029 M-2 $125,000,000 0000X0XX0 April 2029 M-3A $105,000,000 0000X0XX0 April 2029 M-3B $105,000,000 0000X0XX0 April 2029 B $18,000,000 0000X0XX0 April 2029 The Original Notes bear interest as shown in the following table.
More Definitions of Initial Class Principal Balance
Initial Class Principal Balance. With respect to any Class of Certificates or Interests, the Class Principal Balance of such Class of Certificates or Interests as of the Closing Date.
Initial Class Principal Balance. As set forth in the Preliminary Statement. Initial Cut-off Date: April 1, 2005.
Initial Class Principal Balance. With respect to any Class of Sequential Pay Certificates, the initial Class Principal Balance thereof as of the Closing Date, in each case as set forth below: Initial Class Class Principal Balance ----- ----------------- Class A-1 $ 205,079,000 Class A-2 $ 514,190,000 Class B $ 47,951,000 Class C $ 58,046,000 Class D $ 60,570,000 Class E $ 37,856,000 Class F $ 12,619,000 Class G $ 25,238,000 Class H $ 7,571,000 Class J $ 15,143,000 Class K $ 7,571,000 Class L $ 17,666,069
Initial Class Principal Balance. With respect to any Class of Sequential Pay Certificates, the initial Class Principal Balance thereof as of the Closing Date, in each case as set forth below: Initial Class Class Principal Balance ----- ----------------- Class A-1 $____________ Class A-2 $____________ Class B $____________ Class C $____________ Class D $____________ Class E $____________ Class F $____________ Class G $____________ Class H $____________ Class J $____________ Class K $____________
Initial Class Principal Balance means, with respect to any Class of Notes, the aggregate initial principal balance of all Notes of that Class Outstanding on the date of issuance; provided that upon the payment in full of all Notes of a particular Series such Notes shall no longer be included in the “Initial Class Principal Balance” of the relevant Class.
Initial Class Principal Balance. Certificate Rate : CUSIP :
Initial Class Principal Balance. Certificate Rate : CUSIP : Class : A-_F DELTA FUNDING HOME EQUITY LOAN TRUST 1999-3 Home Equity Loan Asset-Backed Certificates, Series 1999-3 Class A-_F evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust consisting primarily of a pool of closed-end fixed rate home equity loans (the "Mortgage Loans") Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Seller or the Trustee referred to below or any of their respective affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality.