Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

Certificate Principal means, with respect to each Class, the principal payable in respect of such Class of Investor Certificates. “Certificate Rate,” with respect to any Class or Subclass, shall mean the certificate rate set forth in the Series Term Sheet with respect to such Class or Subclass, as such rate may be adjusted as of the beginning of each Interest Accrual Period, if applicable; provided, however, that the Certificate Rate for any Class or Subclass that does not have a fixed Certificate Rate shall not exceed the Class Cap Rate or Class Maximum Rate, as applicable, for such Class or Subclass; and provided, further, that any interest on the Investor Certificates (including any interest accrued with respect to any Class Deficiency Amount) shall be payable or distributed to the Investor Certificateholders only to the extent permitted by applicable law.

Examples of Certificate Principal in a sentence

The Initial Certificate Principal Balance of this Certificate is set forth above.
All references above to the Certificate Principal Balance of any Class of Certificates shall be to the Certificate Principal Balance of such Class immediately prior to the relevant Distribution Date, before reduction thereof by any Realized Losses, in each case to be allocated to such Class of Certificates, on such Distribution Date.
All Realized Losses to be allocated to the Certificate Principal Balances of all Classes on any Distribution Date shall be so allocated after the actual distributions to be made on such date as provided above.
Accordingly, the Certificate Principal Balance at any time may be less than the Certificate Principal Balance as set forth herein.
As provided in the Pooling Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of Authorized Denominations of like Certificate Principal Balance or Percentage Interest, as applicable, as requested by the Holder surrendering the same.

More Definitions of Certificate Principal

Certificate Principal means, with respect to each Class, the principal payable in respect of such Class of Investor Certificates. "Certificate Rate," with respect to any Class or Subclass, shall mean the certificate rate set forth in the Series Term Sheet with respect to such Class or Subclass, as such rate may be adjusted as of the beginning of each Interest Accrual Period, if applicable; provided, however, that the Certificate Rate for any Class or Subclass that does not have a fixed Certificate Rate shall not exceed the Embedded Coupon Cap, if any, for such Class or Subclass. "Class A Early Termination Premium," if applicable, shall be as set forth in the Series Term Sheet.

Certificate Principal with respect to any Class of any Series shall have the meaning specified in the applicable Series Supplement.

Certificate Principal means principal payable with respect --------------------- to the Investor Certificates of any Series pursuant to the related Supplement.

Certificate Principal means, with respect to any Certificate Distribution Date, the aggregate Underlying Enhanced Receipt Principal Distributions and the principal portion of any Shortfall Amount received by the Trustee pursuant to the Underlying Credit Enhancement on the immediately preceding Underlying Enhanced Receipt Payment Date.

Certificate Principal. Balance and the Class A-6 Certificate Principal Balance as of such Payment Date prior to taking into account any distributions to be made on such Payment Date.

Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to A rticle IV of this Agreement. “Certificate Rate” shall mean, with respect to any Series of Certificates (or, for any Series with more than one Class, for each Class of such Series), the