Initial Principal Balance means, in respect of a Receivable, the amount advanced under the Receivable toward the purchase price of the Financed Vehicle and related costs, including accessories, service and warranty contracts, insurance premiums, other items customarily financed as part of retail motor vehicle loans and/or retail installment sales contracts and other fees charged by the Transferor or Dealer and included in the amount to be financed, the total of which is shown as the initial principal balance in the note and security agreement or retail installment sale contract evidencing and securing such Receivable.
Initial Principal Balance means (a) USD 105,000,000; and (b) with respect to a Note, such Note's pro rata share of the Initial Principal Balance of the Notes (provided that, at any time, the Initial Principal Balance of all the Notes will equal the Initial Principal Balance).
Initial Principal Balance. With respect to any Certificate of a Class other than a Class CE, Class P or Residual Certificate, the amount designated "Initial Principal Balance" on the face thereof.
Examples of Initial Principal Balance in a sentence
With respect to each Certificate, the amount set forth on the face thereof as the "Initial Principal Balance of this Certificate." Depositor: Xxxxxxx Xxxxx Mortgage Investors, Inc., a Delaware corporation, or any successor in interest.
Any adjustment to the Aggregate Initial Principal Balance of the Notes pursuant to Clause 8.3 shall be effective as of the Closing Date.
With respect to each Certificate, the amount set forth on the face thereof as the "Initial Principal Balance or Initial Notional Amount of this Certificate".
More Definitions of Initial Principal Balance
Initial Principal Balance. With respect to any Class of any Series of Notes, as defined in the applicable Series Supplement.
Initial Principal Balance means $200,000,000.
Initial Principal Balance. For any Class or Subclass of Certificates, the amount specified in Article XII, and for any Certificate, the amount specified thereon as the Initial Principal Balance.
Initial Principal Balance. With respect to the Certificates, $______________; and the Notes, $___________.
Initial Principal Balance means $100,000,000.
Initial Principal Balance means $250,000,000.
Initial Principal Balance means $735,000,000.