Bond Balance definition

Bond Balance. With respect to all of the Bonds, the aggregate of the Current Bond Balances of all Bonds Outstanding at the time of determination.

Bond Balance means, as of any date, the aggregate Outstanding Amount of all Bonds on such date.

Bond Balance. With respect to any Bond, as of any date of determination, the then Outstanding Bond Principal Amount of such Bond equal to the product of (a) the Percentage Interest evidenced by such Bond, multiplied by (b) the then aggregate Bond Principal Amount of the Class of Bonds to which such Bond belongs.

Examples of Bond Balance in a sentence

• For purposes of the information required to be included in any such reports pursuant to TIA Sections 313(a)(2), 313(b)(1) (if applicable), or 313(b)(2), the principal amount of indenture securities outstanding on the date as of which such information is provided shall be the Bond Balance of the then Outstanding Bonds covered by the report.

• When the Administrator receives amounts paid by Xxxxxxx Mac or the Sponsor in connection with a Release Event, the Administrator will promptly deposit an amount equal to the related Outstanding Bond Balance plus Hypothetical Gain Share, if applicable, into the Bond Payment Subaccount-Principal and an amount equal to accrued interest thereon into the Bond Payment Subaccount-Interest.

• When the Administrator receives amounts paid by Fxxxxxx Mac or the Sponsor in connection with a Release Event, the Administrator will promptly deposit an amount equal to the related Outstanding Bond Balance plus Hypothetical Gain Share, if applicable, into the Bond Payment Subaccount-Principal and an amount equal to accrued interest thereon into the Bond Payment Subaccount-Interest.

• For the avoidance of doubt, the Outstanding WIFIA Bond Balance (as defined in the WIFIA Bond Resolution) shall be the Outstanding WIFIA Credit Balance, as calculated pursuant to terms hereof.

• With respect to any Distribution Date, a fraction, expressed as a percentage, the numerator of which is the sum of the aggregate Subordinate Certificate Principal Amount and the Bond Overcollateralization Amount, in each case after giving effect to distributions on such Distribution Date, and the denominator of which is the Stepped-up Bond Balance as of the last day of the related Collection Period.

More Definitions of Bond Balance

Bond Balance. As defined in the Indenture.

Bond Balance. The aggregate outstanding principal balance of all Classes of Bonds on any date of determination.

Bond Balance means, as of any date, the aggregate Outstanding Amount of all the Bonds on such date.

Bond Balance. As of any date of determination, the aggregate of the Class Balances of the Class A-1 Bonds and Class A-2 Bonds.

Bond Balance means your Bond Benefits at any time and is equal to your Bond’s Capital Component, plus its Earnings Component.

Bond Balance means, as of any date of determination, the sum of the Bond Class Balances for each Class of Bonds as of such date of determination.

Bond Balance. With respect to any Class A-1, Class A-2, Class B, Class C, Class D, Class E or Class F Bond, as of any date of determination, the then outstanding principal amount of such Bond equal to the product of (a) the Percentage Interest evidenced by such Bond, multiplied by (b) the then Class Balance of the Class of Bonds to which such Bond belongs.