Aggregate Outstanding Principal Balance definition

Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.

Aggregate Outstanding Principal Balance means, as of any date, the sum of the Outstanding Principal Balance of the Loan and the Mezzanine Loan Outstanding Principal Balance.

Aggregate Outstanding Principal Balance means, with respect to any designated group of Contracts as of any date, the sum of the outstanding Principal Balances of all Contract Payments due under such Contracts as at 11:59 p.m. (New York City time) on the immediately preceding day.

Examples of Aggregate Outstanding Principal Balance in a sentence

• In the event the Indenture Trustee shall receive conflicting or inconsistent requests and indemnity from two or more groups of Holders of Notes, each representing less than a majority of the Aggregate Outstanding Principal Balance, the Indenture Trustee in its sole discretion may determine what action, if any, shall be taken, notwithstanding any other provisions of this Indenture.

• After the initial Payment Date, payments of interest accrued on each Class of Class A Notes will be calculated on the Aggregate Outstanding Principal Balance of the applicable Class of Class A Notes as of the Payment Date immediately preceding such Payment Date after giving effect to any payments of principal on such immediately preceding Payment Date.

• The Indenture provides that the Notes will be entitled to receive payments in reduction of the Aggregate Outstanding Principal Balance of each Class, in the amounts, from the sources, and at the times more specifically as set forth in the Indenture.

• In the event the Trustee shall receive conflicting or inconsistent requests and indemnity from two or more groups of Holders of Notes, each representing less than a majority of the Aggregate Outstanding Principal Balance of the Notes then entitled to make such request, the Trustee in its sole discretion may determine what action, if any, shall be taken, notwithstanding any other provisions of this Indenture.

• After the initial Payment Date, payments of interest accrued on the Class B Notes will be calculated on the Aggregate Outstanding Principal Balance of the Class B Notes as of the Payment Date immediately preceding such Payment Date after giving effect to any payments of principal on such immediately preceding Payment Date.

More Definitions of Aggregate Outstanding Principal Balance

Aggregate Outstanding Principal Balance means the aggregate Outstanding Principal Balances of all Eligible Loan Assets.

Aggregate Outstanding Principal Balance means, at the time of determination, the aggregate outstanding principal balance of the Mezzanine Loan and the Loan.

Aggregate Outstanding Principal Balance. As of any date of determination, the sum of Advances Outstanding, plus the amount of the Seller Investment.

Aggregate Outstanding Principal Balance means, with respect to a First Tier Receivables Pool or a Receivables Pool and as of any date, the aggregate of the Outstanding Principal Balance of each Receivable in such First Tier Receivables Pool or Receivables Pool, as applicable.

Aggregate Outstanding Principal Balance means, on any day, the sum of (i) the Outstanding Principal Balances of all Collateral Debt Obligations (except Defaulted Obligations) included as part of the Collateral on such date and (ii) the Moody’s Collateral Value of all Defaulted Obligations on such date.

Aggregate Outstanding Principal Balance. As of any Payment Date, an amount equal to the sum of the Outstanding Principal Balances as of such Payment Date.

Aggregate Outstanding Principal Balance means, with respect to any group --------------------------------------- of Receivables as of any day, the sum of the outstanding Principal Balances of all such Receivables as at the close of business on the immediately preceding day.