Class A Principal Payment. (a) while the Class A-1 Notes are outstanding, (i) on all Payment Dates prior to the June 1998 Payment Date, the lesser of (1) the amount necessary to reduce the Outstanding Principal Amount on the Class A-1 Notes to zero and (2) the difference between (A) the Discounted Present Value of the Performing Leases as of the previous Determination Date and (B) the Discounted Present Value of the Performing Leases as of the related Determination Date, and (ii) on the June 1998 Payment Date and thereafter, the entire Outstanding Principal Amount on the Class A-1 Notes, and (b) after the Class A-1 Notes have been paid in full, the amount necessary to reduce the aggregate Outstanding Principal Amount on the Class A Notes to the Class A Target Investor Principal Amount.
Class A Principal Payment means (a) while the Class A-1 Notes are outstanding, (i) on all Payment Dates prior to the [Month/Year] Payment Date, the lesser of (1) the amount necessary to reduce the Outstanding Principal Amount on the Class A-1 Notes to zero and (2) the difference between (A) the Discounted Present Value of the Performing Leases as of the Determination Date for the preceding Payment Date and (B) the Discounted Present Value of the Performing Leases as of the related Determination Date, and (ii) on the [Month/Year] Payment Date and thereafter until the Class A-1 Notes have been paid in full, the entire Outstanding Principal Amount on the Class A-1 Notes, and (b) after the Class A-1 Notes have been paid in full, the amount necessary to reduce the aggregate Outstanding Principal Amount on the Class A Notes to the Class A Target Investor Principal Amount.
Class A Principal Payment means (a) while the Class A-1 Notes are outstanding, (i) on all Payment Dates prior to the ____ Payment Date, the lesser of (1) the amount necessary to reduce the Outstanding Principal Amount on the Class A-1 Notes to zero and (2) the Monthly Principal Amount, and (ii) on the ____ Payment Date, the entire Outstanding Principal Amount on the Class A-1 Notes and (b) after the Class A-1 Notes have been paid in full, the amount necessary to reduce the aggregate Outstanding Principal Amount on the Class A Notes to the Class A Target Investor Principal Amount.
Examples of Class A Principal Payment in a sentence
PRINCIPAL PAYMENT means a Class A Principal Payment, a Class B Principal Payment or a Class C Principal Payment.
Principal Payment means a Class A Principal Payment, a Class B Principal Payment or a Class C Principal Payment.
Principal payments from amounts on deposit in the Principal Distribution Account on each Payment Date will be allocated among the various classes of Notes in the following order of priority: (1) to the Class A Notes, the Class A Principal Payment Amount; (2) to the Class B Notes, the Class B Principal Payment Amount; (3) to the Class C Notes, the Class C Principal Payment Amount; and (4) to the Class D Notes, the Class D Principal Payment Amount.
RFS Class A Note means any RFS which is converted to a Class A Note under clause 5.4. RFS Class A Principal Payment means each payment to the holder of an RFS Class A Note under clause 6.15(B)(2) or 6.16(B)(2).
Principal Payment means a Class A Principal Payment or a Class B Principal Payment.
More Definitions of Class A Principal Payment
Class A Principal Payment means (a) while the Class A-1 Notes are outstanding, (i) on all Payment Dates prior to the August 2001 Payment Date, the lesser of (1) the amount necessary to reduce the Outstanding Principal Amount on the Class A-1 Notes to zero and (2) the Monthly Principal Amount, and (ii) on the August 2001 Payment Date, the entire Outstanding Principal Amount on the Class A-1 Notes and (b) after the Class A-1 Notes have been paid in full, the amount necessary to reduce the aggregate Outstanding Principal Amount of the Class A Notes to the Class A Target Investor Principal Amount.
Class A Principal Payment means the principal amount payable to the Class A Noteholders on each Payment Date.
Class A Principal Payment. As to any Payment Date, the excess of (x) the Class A Principal Balance immediately prior to such Payment Date over (y) the lesser of (A) the Class A Target Investor Principal Amount and (B) the excess of (1) the Aggregate Contract Principal Balance as of related Calculation Date over (2) the Class D Floor.
Class A Principal Payment means (a) while the Class A-1 Notes are outstanding, (i) on all Payment Dates prior to the October, 1998 Payment Date, the lesser of (1) the amount necessary to reduce the Outstanding Principal Amount on the Class A-1 Notes to zero and (2) the difference between (A) the Discounted Present Value of the Performing Leases as of the Determination Date for the preceding Payment Date and (B) the Discounted Present Value of the Performing Leases as of the related Determination Date, and (ii) on the October, 1998 Payment Date and thereafter until the Class A-1 Notes have been paid in full, the entire Outstanding Principal Amount on the Class A-1 Notes, and (b) after the Class A-1 Notes have been paid in full, the amount necessary to reduce the aggregate Outstanding Principal Amount on the Class A Notes to the Class A Target Investor Principal Amount.
Class A Principal Payment. As to any Payment Date the amount necessary to reduce the Class A Principal Balance to the Class A Target Investor Principal Amount for such Payment Date.
Class A Principal Payment means each payment to the Class A Noteholders under clause 5.13, following a payment under clauses 5.4(c)(vii)(B), 5.4(c)(viii)(B) or 5.4(c)(ix)(B).
Class A Principal Payment means each payment to the US$ Noteholders under clause 5.15, following a payment under clauses 5.5(b), 5.5(c), 5.6(b)(i) or 5.6(b)(ii) or each payment to Class A-3 Noteholders under clauses 5.5(d) or 5.6(b)(ii).