Class A Principal Payment definition

Class A Principal Payment. (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 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 and after 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.
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 January 2000 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 January 2000 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.

Examples of Class A Principal Payment in a sentence

  • Notwithstanding the prioritization of the payment of the Class A Principal Payment Amount pursuant to clause (viii) above, if the aggregate Note Balance of the Class A Notes exceeds the Pool Principal Balance for that Payment Date, the payment pursuant to clause (viii) above will be made pro rata based on the Note Balances of the Class A Notes.

  • Notwithstanding the prioritization of the payment of the Class A Principal Payment Amount pursuant to clause (vi) above, if the aggregate Note Balance of the Class A Notes exceeds the Pool Principal Balance for that Payment Date, the payment pursuant to clause (vi) above will be made pro rata based on the Note Balances of the Class A Notes.

  • To evidence such subrogation, the Note Registrar shall note the Note Insurer's rights as subrogee upon the register of Class A Noteholders upon receipt from the Note Insurer of proof of payment by the Note Insurer of any Class A Interest Payment Amount or Class A Principal Payment Amount.

  • Class A Principal Payment means each payment to the Class A Noteholders under clause 6.20(b)(iii).

  • DFID’s specific actions were configured through a set of Change Impact Monitoring Tables (CIMT) that provided justification for the foreseen spend and staff work programme.


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 (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. With respect to any Payment Date, [the Class A Percentage of the positive difference between the Aggregate Contract Principal Balance as of the Calculation Date in second preceding month and the Aggregate Contract Principal Balance as of the Calculation Date for the current 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 each payment to the Class A Noteholders under clause 6.20(b)(v).
Class A Principal Payment means the principal amount payable to the Class A Noteholders on each Payment Date.
Class A Principal Payment. (a) while the Class A-1 Notes are outstanding, (i) on all Payment Dates prior to the Class A-1 Stated Maturity Date, the lesser of (1) the amount necessary to reduce the Outstanding Principal Amount on the Class A-1 Notes to zero and (2) excess, if any of, (A) the Aggregate Discounted Lease Balance as of the previous Calculation Date (or with respect to the Initial Payment Date, the Initial Aggregate Discounted Lease Principal Balance) over (B) the Aggregate Discounted Lease Balance as of the related Calculation Date, and (ii) on all Payment Dates on and after the Class A-1 Stated Maturity 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 for such Payment Date.