Determination of Principal Amounts. (a) The amount of principal (the "Class A Principal") distributable from the Distribution Account or available for deposit into the Principal Funding Account with respect to the Class A Certificates for each Distribution Date with respect to the Amortization Period shall be equal to the least of (i) the Available Investor Principal Collections on deposit in the Principal Account with respect to the related Transfer Date, (ii) for each Distribution Date with respect the Accumulation Period, prior to the payment in full of the Class A Invested Amount and on or prior to the Expected Final Payment Date, the applicable Controlled Deposit Amount for such Transfer Date and (iii) the Class A Adjusted Invested Amount on such Transfer Date.
(b) The amount of principal (the "Class B Principal") distributable from the Distribution Account or available for deposit into the Principal Funding Account with respect to the Class B Certificates for each Distribution Date, beginning with the Class B Principal Payment Commencement Date, shall be equal to the least of (i) the Available Investor Principal Collections remaining on deposit in the Principal Account with respect to the related Transfer Date after application thereof to Class A Principal, if any, (ii) for each Distribution Date with respect to the Accumulation Period, on or prior to the Expected Final Payment Date, the applicable Controlled Deposit Amount for such Transfer Date (minus the Class A Principal with respect to such Transfer Date) and (iii) the Class B Adjusted Invested Amount on such Transfer Date.
(c) The amount of principal (the "Class C Principal") distributable from the Distribution Account or available for deposit into the Principal Funding Account with respect to the Class C Certificates for each Distribution Date, beginning with the Class C Principal Payment Commencement Date, shall be equal to the least of (i) the Available Investor Principal Collections remaining on deposit in the Principal Account with respect to the related Transfer Date after application thereof to Class A Principal and Class B Principal, if any, (ii) for each Distribution Date with respect to the Accumulation Period, on or prior to the Expected Final Payment Date, the applicable Controlled Deposit Amount for such Transfer Date (minus the Class A Principal and the Class B Principal with respect to such Transfer Date) and (iii) the Class C Adjusted Invested Amount on such Transfer Date.
(d) The amount of principal (the "Class D...
Determination of Principal Amounts. (a) The amount of principal (the "Class A Principal") with respect to the Class A Certificates for each Distribution Date during the Controlled Accumulation Period or Early Amortization Period shall be equal to an amount calculated as follows: the sum of
(i) an amount equal to the product of the ABC Fixed/Floating Allocation Percentage and the aggregate amount of Principal Collections (less the amount of Reallocated Class B Principal Collections and Reallocated Class C Principal Collections) with respect to the preceding Monthly Period,
(ii) any amount on deposit in the Excess Funding Account (exclusive of amounts, if any, in the Class D Subaccount) allocated to the Class A Certificates pursuant to subsection 4.9(d) of the Agreement, and any amount on deposit in the Pre-Funding Account (exclusive of any investment earnings) allocated to the Class A Certificates pursuant to Section 4.18, with respect to the preceding Monthly Period,
(iii) the amount, if any, allocated to the Class A Certificates pursuant to subsections 4.9(a)(iv), (vi), (viii) and (ix) of the Agreement and, with respect to such subsections, pursuant to subsections 4.10(a) and (b) and 4.14(a), (b) and (c) of the Agreement, and
(iv) the amount of Shared Principal Collections allocated to the Class A Certificates with respect to the preceding Monthly Period pursuant to Section 4.8 of the Agreement; provided, however, that with respect to any Distribution Date during the Controlled Accumulation Period, Class A Principal may not exceed the lesser of (i) the Controlled Deposit Amount for such Distribution Date and (ii) the Class A Invested Amount; provided, further, that with respect to the Series 1999-1 Termination Date, the Class A Principal shall be an amount equal to the Class A Invested Amount.
(b) The amount of principal (the "Class B Principal") with respect to the Class B Certificates for each Distribution Date on or after the Class B Principal Commencement Date shall equal an amount calculated as follows: the sum of
(i) an amount equal to the product of the ABC Fixed/Floating Allocation Percentage and the aggregate amount of Principal Collections (less the amount of Reallocated Class B Principal Collections and Reallocated Class C Principal Collections) with respect to the preceding Monthly Period (or, in the case of the first Distribution Date following the date on which an amount equal to the Class A Invested Amount is deposited in the Principal Account to be applied to the payment of ...
Determination of Principal Amounts. 19 SECTION 4.8. Shared Principal Collections..................................19
Determination of Principal Amounts. (a) The amount of principal (the "Class A Principal") distributable from the Distribution Account or available for deposit into the Principal Funding Account with respect to the Class A Securities for each Distribution Date with respect to the Amortization Period shall be equal to the least of (i) the Available Series 1999-1 Principal Collections on deposit in the Principal Account with respect to the related Transfer Date, (ii) for each Distribution Date with respect the Accumulation Period, prior to the payment in full of the Class A Invested Amount and on or prior to the Expected Final Payment Date, the applicable Controlled Deposit Amount for such Transfer Date and (iii) the Class A Adjusted Invested Amount on the related Transfer Date.
(b) The amount of principal (the "Class B Principal") distributable from the Distribution Account with respect to the Class B Securities for each Distribution Date, beginning with the Class B Principal Payment Commencement Date, or, in the case of distributions of Class B Excess Amounts, on each Distribution Date during the Accumulation Period, shall be equal to the lesser of (i) the Available Series 1999-1 Principal Collections remaining on deposit in the Principal Account with respect to the related Transfer Date after application thereof to Class A Principal, if any, (ii) the Class B Invested Amount on such Transfer Date and (iii) in the case of distributions of Class B Excess Amounts, the Class B Excess Amount.
Determination of Principal Amounts. Supplemental Principal Payment Amounts and Scheduled Principal Payment Amounts with respect to each Series of Notes shall be determined, allocated and distributed in accordance with the procedures set forth in the applicable Series Supplement. However, all principal or interest with respect to any Series of Notes shall be due and payable no later than the Legal Final Settlement Date with respect to such Series.
Determination of Principal Amounts. (a) The amount of principal (the "Class A Principal") distributable from the Distribution Account with respect to the Class A Securities for each Distribution Date with respect to the Amortization Period shall be equal to the Available Series 1998-2 Principal Collections on deposit in the Principal Account with respect to the related Monthly Period; provided, however, that with respect to any Distribution Date during the
Determination of Principal Amounts. 35 SECTION 4.8 Shared Principal Collections . . . . . .
Determination of Principal Amounts. (a) Class A Certificate Principal Distributable Amount. The amount required to be deposited as principal into the Class A Certificate Account on each Deposit Date (the "Class A Certificate Principal Distributable Amount") shall be an amount, as determined by Servicer in the Monthly Statement on the Determination Date, equal to the sum of (i) the amount, if any, by which the Aggregate Discounted Lease Contract Balance as of the beginning of business on the first day of the Collection Period immediately preceding such Deposit Date (plus the initial Aggregate Discounted Lease Contract Balance of any Lease Contracts conveyed to the Trust during such Collection Period) exceeds the Aggregate Discounted Lease Contract Balance as of the close of business on the last day of such Collection Period and (ii) all Prepayment Penalties to the extent deposited into the Investment Account with respect to the related Determination Date pursuant to Section 2.03(d), but in no event more than the Class A Certificate Investor Interest.
Determination of Principal Amounts. (a) During the Revolving Period, Principal Collections otherwise allocable to the Series 2001-1 Certificateholders pursuant to clause (ii) of subsection 4.3(d) of the Agreement shall instead be treated as Shared Principal Collections pursuant to subsection 4.5(b)(i)(B)(1) of the Agreement, and no principal payments shall be made with respect to the Series 2001-1 Certificates.
(b) During the Amortization Period, the Principal distributable from the Distribution Account on each related Distribution Date shall be the sum of (i) Principal Collections for the preceding Monthly Period allocated to the Series 2001-1 Certificates pursuant to subsection 4.3(d)(ii), (ii) Principal Collections for the preceding Monthly Period allocated to the Available Subordination Amount pursuant to subsection 4.5(b)(ii)(A)(2), and (iii) payments made from Available Imputed Yield Collections pursuant to subsections 4.9(a)(iii), (iv) and (v) of the Agreement and the Reserve Fund pursuant to subsection 4.9(c) of the Agreement.
(c) Notwithstanding the foregoing, with respect to any Distribution Date, Principal may not exceed the Outstanding Certificate Amount, and with respect to the Expected Series 2001-1 Termination Date, Principal shall be an amount equal to the Outstanding Certificate Amount.
Determination of Principal Amounts by the Issuer Cash Manager: Prior to the service of a Remarketing Termination Notice, by 9:00 a.m. (London time) on the day which is four (4) Business Days prior to each Transfer Date through and including the Transfer Date occurring in August 2011, the Issuer Cash Manager will notify the Remarketing Bank of the Transfer Price applicable to the Class A4 Notes to be transferred on such Transfer Date.