Aggregate Note Principal Balance definition

Aggregate Note Principal Balance. With respect to the close of a Distribution Date, the sum of the Note Principal Balances for all classes of Notes.
Aggregate Note Principal Balance means the sum of the Note A-1 Principal Balance and the Note A-2 Principal Balance.
Aggregate Note Principal Balance means, as of any date, the aggregate outstanding principal amount of all the Notes on such date.

Examples of Aggregate Note Principal Balance in a sentence

  • So long as the Aggregate Note Principal Balance is greater than zero and the Indenture has not been discharged in accordance with its terms, the Indenture Trustee, and thereafter, the Owner Trustee.

  • As of any Distribution Date during the Revolving Period, the excess, if any, of the sum of (i) the Aggregate Note Principal Balance as of the preceding Distribution Date or the Initial Closing Date, as applicable, and (ii) the Overcollateralization Target Amount, over the Aggregate Receivables Principal Balance as of the last day of the Monthly Period related to such Distribution Date.

  • In the event that assets so distributable to Holders are insufficient to permit payment of the full Preference Amount with respect to each Convertible Preferred Share, all assets of the Company legally available for distribution to shareholders shall be distributed ratably among each Convertible Preferred Share.

  • The condition existing as of any date of determination, if the then Aggregate Note Principal Balance would exceed the Borrowing Base.

  • As of any Payment Date, the excess (if any) of (i) Aggregate Note Principal Balance (calculated after giving effect to all Credit Loans and principal payments actually paid on such Payment Date), over (ii) the Asset Base.


More Definitions of Aggregate Note Principal Balance

Aggregate Note Principal Balance. As of any date of determination, an amount equal to the sum of the then unpaid principal balance of all Series of Notes then Outstanding.
Aggregate Note Principal Balance. For any date of determination and any Series, the sum of the Class Principal Balances of each Class of Notes of such Series.
Aggregate Note Principal Balance means, collectively, the Note A-1 Principal Balance, the Note A-2 Principal Balance, the Note A-3 Principal Balance, the Note A-4 Principal Balance and the Note A-5 Principal Balance.
Aggregate Note Principal Balance means, as of any date of determination, the sum of the aggregate Class A Note Balance, the aggregate Class B Note Balance, the aggregate Class C Note Balance and the aggregate Class D Note Balance, in each case as of such date of determination.
Aggregate Note Principal Balance means the sum of the Note A-1-1 Principal Balance, the Note A-1-2 Principal Balance, the Note A-1-3 Principal Balance, the Note A-1-4 Principal Balance, the Note A-1-5 Principal Balance, the Note A-1-6 Principal Balance, Note A-1-7 Principal Balance, the Note A-1-8 Principal Balance, the Note A-2-1 Principal Balance, the Note A-2-2-1 Principal Balance, the Note A-2-2-2 Principal Balance, the Note A-2-3 Principal Balance, the Note A-2-4 Principal Balance, Note A-3-1 Principal Balance, the Note A-3-2 Principal Balance, the Note A-4-1 Principal Balance, the Note A-4-2 Principal Balance, the Note A-4-3 Principal Balance, the Note A-4-4 Principal Balance, Note A-4-5 Principal Balance, the Note A-4-6 Principal Balance, the Note A-4-7 Principal Balance, the Note A-4-8 Principal Balance and the Note A-5-1 Principal Balance.
Aggregate Note Principal Balance. As defined in the Indenture.
Aggregate Note Principal Balance. With respect to the close of business on a Distribution Date, the sum of the Note Principal Balances for all classes of CARAT 20__-SN_ Notes.