Examples of Monthly Principal in a sentence

The amount of distribution in respect of Collateral Monthly Principal $ 0.0000004.
The amount of distribution in respect of ClassA Monthly Principal $ 0.000000 $0.0000003.
During the Rapid Amortization Period, in addition to Class A Monthly Interest, Class A Monthly Principal will be distributed to the Class A Certificateholders on each Distribution Date commencing in the month following the commencement of the Rapid Amortization Period until the Class A Certificates have been paid in full.
The amount of distribution in respect of Class B Monthly Principal $ 0.0000003.
The amount of distribution in respect of Collateral Monthly Principal C.

More Definitions of Monthly Principal

Monthly Principal. The principal portion of any Monthly Payment.

Monthly Principal shall have the meaning specified in Section 4.3.

Monthly Principal means the monthly principal distributable in respect of the Notes as calculated in accordance with Section 4.03.

Monthly Principal for any Payment Date will equal the sum of the following:

Monthly Principal means the amount of principal which is payable to the Noteholders on any Payment Date pursuant to the terms of the Indenture.

Monthly Principal means on any Payment Date, the sum of (i) the principal portion of Scheduled Payments collected during the related Due Period on the Pledged Loans; (ii) the principal portion of Servicer Advances, if any, with respect to the related Due Period; (iii) the principal amount of any prepayments (including prepayments relating to Timeshare Upgrades) collected on any Pledged Loan during the related Due Period, (iv) principal proceeds from the purchase by the Sellers of any Pledged Loans that have become Defaulted Loans during the related Due Period; and (v) the principal proceeds of any repurchase of a Defective Loan funded by a Seller or the Performance Guarantor or any deposit in respect of a Defective Loan by the Issuer during the related Due Period.

Monthly Principal means, with respect to any Payment Date, an amount equal to the excess of (a) the Aggregate Discounted Contract Balance at the close of business on the last day of the second preceding Collection Period over (b) the Aggregate Discounted Contract Balance at the close of business on the last day of the immediately preceding Collection Period.