Remaining Principal Balance At the Cutoff Date the Principal Balance of each Receivable set forth in the Schedule of Receivables is true and accurate in all material respects.
Original Class B Principal Balance The Original Class B Principal Balance is $12,006,549.92.
Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $ 350,274,594.21.
Principal Balance Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500.
Outstanding Principal Balance Each Receivable has an outstanding principal balance of at least $500.
Optional Principal Payments 8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11
Original Class A Percentage The Original Class A Percentage is 96.09547893%
Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;
Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.
Total Contract Amount The contract total shall not exceed $350,000. Pricing shall be per Exhibit E attached.
