Common use of Certificate Balance Clause in Contracts

Certificate Balance. As to any Certificate (other than a Retail Certificate or a No Payment Residual Certificate) prior to the initial Distribution Date for the related Series, the denomination thereof; and as to any such Certificate subsequent to such initial Distribution Date, the denomination thereof multiplied by the then applicable Class Factor. As to any Retail Certificate at any time, the denomination thereof less all amounts of principal previously distributed with respect thereto as reflected on the books of the Depository.