Class A Principal Payment Schedule definition

Class A Principal Payment Schedule means the schedule of Scheduled Remaining Notes Balances as of a particular Payment Date set forth in Schedule 1 to the Indenture, as it may be adjusted pursuant to Section 2.17 of the Indenture.
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Class A Principal Payment Schedule means the principal payment schedule set out in the Appendix to the Conditions; Class A Target Amortisation Amount means the amount required to reduce the Principal Amount Outstanding of the Class A1 Notes and the Class A2 Notes to the relevant Target Principal Amount on such Interest Payment Date and, in respect of the Class A1 Notes only, the Class A1 Target Amortisation Amount and in respect of the Class A2 Notes only, the Class A2 Target Amortisation Amount;
Sample 1
Class A Principal Payment Schedule means the principal payment schedule set out in the Appendix to the Conditions;
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Examples of Class A Principal Payment Schedule in a sentence

  • If any part of the principal on the Class A Notes is so prepaid on any Payment Date or Special Distribution Date after the Interest Only Period, the amount of such prepayment shall be allocated pro rata to reduce the Scheduled Principal Payment Amounts on the remaining Payment Dates in the Class A Principal Payment Schedule.

  • If any part of the Outstanding Principal Balance of the Original Class A Notes is prepaid pursuant to an Optional Redemption under Section 3.1(a), the amount of such prepayment shall be allocated to reduce each Scheduled Remaining Notes Balance on the Class A Principal Payment Schedule pro rata in accordance with the proportion of the amount of such prepayment to the Outstanding Principal Balance of the Original Class A Notes.

  • For the avoidance of doubt, except as expressly provided in the immediately preceding sentence and otherwise in this Indenture, the amount of principal payable on the Original Class A Notes on any Payment Date shall not exceed the amount needed to reduce the Outstanding Principal Balance of the Original Class A Notes to the Scheduled Remaining Notes Balance specified in the Class A Principal Payment Schedule for such Payment Date.

  • For the avoidance of doubt, except as expressly provided in the foregoing provisions of the Indenture, the amount of principal payable on the Class A Notes on any Payment Date or Special Distribution Date shall not exceed the amount needed to reduce the Outstanding Principal Balance of the Class A Notes to the balance specified in the Class A Principal Payment Schedule for such Payment Date or for the immediately preceding Payment Date, in the case of a Special Distribution Date.

  • If any part of the principal of the Class A Notes is so prepaid during the Interest Only Period, the amount of such prepayment shall be allocated pro rata to reduce the Scheduled Principal Payment Amounts in the Class A Principal Payment Schedule.


More Definitions of Class A Principal Payment Schedule

Class A Principal Payment Schedule means the principal payment schedule set out in the Appendix to the Conditions; Class A Target Amortisation Amount means the amount required to reduce the Sterling Equivalent Principal Amount Outstanding of the Class A1 Notes, the Class A2 Notes and the Class A3 Notes to the relevant Target Principal Amount on such Interest Payment Date and, in respect of the Class A1 Notes only, the Class A1 Target Amortisation Amount, in respect of the Class A2 Notes only, the Class A2 Target Amortisation Amount and in respect of the Class A3 Notes only, the Class A3 Target Amortisation Amount;
Sample 1

Related to Class A Principal Payment Schedule

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

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Expected Principal Payment Date means April 15, 2010.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such 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.

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

  • Scheduled Principal Payment Date means April 15, 2008.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Class A Principal Distributable Amount means, for any Distribution Date: (A) during the Revolving Period, zero; and (B) during the Amortization Period, an amount equal to the lesser of: (i) Available Funds remaining after payment of the amounts set forth in clauses (i) through (iv) of Section 5.08(a) hereto and (ii) the Class A Note Balance; provided, however, on the Class A Stated Final Maturity Date, the Class A Principal Distributable Amount will equal the Class A Note Balance.

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

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balances of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 54.50% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $3,608,680.

  • Class A-4 Final Scheduled Payment Date means July 15, 2031.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Class B-2 Principal Distribution Amount For any Distribution Date, an amount equal to the lesser of (x) the remaining Principal Distribution Amount for such Distribution Date after distribution of the Class A Principal Distribution Amount, the Class M-1 Principal Distribution Amount, the Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal Distribution Amount, the Class M-6 Principal Distribution Amount and the Class B-1 Principal Distribution Amount and (y) the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount on such Distribution Date), (2) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (3) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (4) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (5) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (6) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (7) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (8) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount on such Distribution Date) and (9) the Certificate Principal Balance of the Class B-2 Certificates immediately prior to such Distribution Date, over (b) the lesser of (1) the product of (x) 83.40% and (y) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the prior calendar month), and (2) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the prior calendar month) minus the Overcollateralization Floor.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.