Available Principal Receipts definition

Available Principal Receipts means, on a relevant Calculation Date, an amount equal to the aggregate of (without double counting):

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Available Principal Receipts means for any Interest Payment Date an amount equal to the aggregate of (without double counting):

Available Principal Receipts means, for any Interest Payment Date, an amount equal to the aggregate of (without double counting):

Examples of Available Principal Receipts in a sentence

The Cash Manager shall make such debit prior to the application of Available Principal Receipts on the relevant Interest Payment Date.
The Cash Manager will apply such amounts in repayment of principal as Available Principal Receipts in accordance with the Pre-Acceleration Principal Priority of Payments.
On each Interest Payment Date, the Cash Manager will transfer amounts standing to the credit of the GIC Account (to the extent required to constitute Available Revenue Receipts and Available Principal Receipts on such Interest Payment Date) to the Transaction Account for application by the Issuer (or the Cash Manager on its behalf) in accordance with the Pre-Acceleration Revenue Priority of Payments and the Pre-Acceleration Principal Priority of Payments on such Interest Payment Date.
The Cash Manager may only transfer funds from the GIC Account to the Transaction Account on an Interest Payment Date for such purpose and no amounts may remain standing to the credit of the Transaction Account following the application of Available Revenue Receipts and Available Principal Receipts in accordance with the Pre-Acceleration Revenue Priority of Payments and the Pre-Acceleration Principal Priority of Payments on any Interest Payment Date.
When the Funding 1 Share of the Trust Property is zero, the remaining Mortgages Trust Available Principal Receipts (if any) shall be allocated to the Seller.

More Definitions of Available Principal Receipts

Available Principal Receipts means, for each Interest Payment Date, an amount equal to the aggregate of (without double counting):

Available Principal Receipts means, as calculated on each Calculation Date and to be applied on the following Interest Payment Date, an amount equal to the aggregate of (without double counting):

Available Principal Receipts means the amount of Issuer Available Principal Receipts allocable to the Class A Notes on each Note Payment Date that is a Transfer Date.

Available Principal Receipts means the amount of Issuer Available Principal Receipts allocable to the Class A Notes on each Note Payment Date corresponding to a Transfer Date.

Available Principal Receipts means for any Interest Payment Date an amount equal to the aggregate of (without double counting): (a) all Principal Receipts or, if in a Determination Period, any Calculated Principal Receipts, in each case excluding an amount equal to any Reconciliation Amounts to be applied as Available Revenue Receipts on that Interest Payment Date, received by the Issuer during the immediately preceding Collection Period; (b) the amounts (if any) calculated on the Calculation Date preceding that Interest Payment Date by which the debit balance of each of the Class A Principal Deficiency Sub-Ledger and/or the Class B Principal Deficiency Sub-Ledger and/or the Class C Principal Deficiency Sub-Ledger and/or the Class D Principal Deficiency Sub-Ledger and/or the Class E Principal Deficiency Sub-Ledger and/or the Class F Principal Deficiency Sub-Ledger and/or the Class Z Principal Deficiency Sub-Ledger is to be reduced on that Interest Payment Date pursuant to items (h), (j), (l), (n), (p), (r) and (w) of the Pre-Enforcement Revenue Priority of Payments (together, "PDL Cure Amounts"); (c) from and including (i) the Optional Redemption Date or (ii) any date on which the Notes are redeemed pursuant to Condition 8.3 (Mandatory Redemption of the Notes in Full) or Condition 8.4 (Mandatory Redemption of the Notes for Taxation or Other Reasons), any Available Revenue Receipts applied as Available Principal Receipts in accordance with item (v) of the Pre- Enforcement Revenue Priority of Payments; (d) the Liquidity Reserve Fund Excess Amount on such Interest Payment Date; (e) on the Final Senior Notes Redemption Date only, all amounts standing to the credit of the Liquidity Reserve Fund (after first having applied any Liquidity Reserve Fund Drawings to meet any Senior Revenue Deficit on the Final Senior Notes Redemption Date); and (f) on each Interest Payment Date following a Determination Period, any Reconciliation Amounts deemed to be Available Principal Receipts in accordance with Condition 6.8(c) (Determinations and Reconciliation). "Principal Receipts" means (without double-counting):

Available Principal Receipts means for any Interest Payment Date:

Available Principal Receipts means, in respect of a Payment Date (including, for the avoidance of doubt, the Final Maturity Date), the amount calculated on the relevant Calculation Date being the sum of the following amounts: