Class A Monthly Principal Payment Amount definition

Class A Monthly Principal Payment Amount means, with respect to each Interest Payment Date, (i) during the Revolving Commitment Period, an amount (if any) required to be repaid on the Class A Revolving Loans so that, after giving effect thereto, no Class A Borrowing Base Deficiency would exist or (ii) during any other period, the aggregate outstanding principal balance of Class A Revolving Loans.
Class A Monthly Principal Payment Amount means, with respect to any Payment Date, the amount (or such lesser amount as then available pursuant to Section 2.08(iv)), if any, necessary to reduce the Loans Outstanding that are Class A Loans so that they equal the Class A Borrowing Base as of such Payment Date.
Class A Monthly Principal Payment Amount. Class B Monthly Principal Payment Amount”, “Monthly Loan Tape”, “Monthly Report”, “Regulatory Event”, “Revolving Period”, “Reserve Account Required Amount” or any defined term used in any of the foregoing definitions,

More Definitions of Class A Monthly Principal Payment Amount

Class A Monthly Principal Payment Amount. With respect to any Payment Date, the amount, if any, necessary to reduce the Class A Aggregate Loan Amount to the Class A Borrowing Base as of such Payment Date.
Class A Monthly Principal Payment Amount means, for any Payment Date, the Class A Percentage of the Monthly Principal Amount.
Class A Monthly Principal Payment Amount means, with respect to any Payment Date on which all or a portion of the Class A-1 Notes remain outstanding after giving effect to payments on such day, the Monthly Principal Amount, (b) with respect to the Payment Date on which the outstanding principal of the Class A-1 Notes is reduced to $0, the sum of (i) the amount necessary to reduce the outstanding principal of the Class A-1 Notes to $0 and (ii) the amount necessary to reduce the sum of the outstanding principal amount of the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes to the Class A Target Investor Principal Amount or (c) on any subsequent Payment Date, the amount necessary to reduce the sum of the outstanding principal amount of the Class A-2 Notes, the Class A-3 and the Class A-4 Notes to the Class A Target Investor Principal Amount.
Class A Monthly Principal Payment Amount means, with respect to any Payment Date, the amount (or such lesser amount as then available pursuant to Section 2.08(iv)), if any,
Class A Monthly Principal Payment Amount means, with respect to each Settlement Date, (i) during the Revolving Period, an amount (if any) required to be repaid on the Class A Loans so that, after giving effect thereto, no Class A Borrowing Base Deficiency would exist or (ii) during any other period, the Class A Aggregate Loan Principal Balance. “Class A Senior Monthly Interest Amount” means, with respect to each Interest Period, an amount equal to the product of (i)(A) the sum for each day during the related Interest Period, of (1) if the Class A Loans are funded by a Conduit Lender through the issuance of Commercial Paper on such day, the CP Rate, or if the Class A Loans are funded by a Conduit Lender other than through the issuance of Commercial Paper or if funded by a Committed Lender on such day, the Bank Drawn Rate and (2) the Class A Used Fee divided by (B) the number of days during the related Interest Period, (ii) the daily average Class A Aggregate Loan Principal Balance during the related Interest Period, and (iii) a fraction, the numerator of which is equal to (x) the actual number of days during the related Interest Period and the denominator of which is equal to (y)

Related to Class A Monthly Principal Payment Amount

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Certificate Monthly Principal Distributable Amount means, with respect to any Payment Date, the Certificate Percentage of the Principal Distributable Amount for such Payment Date.

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Expected Principal Payment Date means April 15, 2021.

  • Principal Payment Any payment of principal on a Mortgage Loan other than a Principal Prepayment.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Scheduled Principal Distribution Amount With respect to each Distribution Date, an amount equal to the aggregate of the principal portions of: