CLASS B DEBT AMOUNT means, with respect to any date of determination, an amount equal to the Class B Initial Investor Interest MINUS the aggregate amount of principal payments made to the Series 05-1 Investor Beneficiary Interest for the purposes of calculation treated as referable to Class B PROVIDED, HOWEVER, that upon the Series 05-1 Termination Date, the Class B Debt Amount shall be an amount equal to zero;
CLASS B DEBT AMOUNT means, with respect to any date of determination, an amount equal to the Class B Initial Investor Interest MINUS the aggregate amount of principal payments made to the Loan Note Issuer calculated as principal payments referable to the Class B Investor Interest from Trust Property PROVIDED, HOWEVER, that upon the Series 2005-A Termination Date the Class B Debt Amount shall be an amount equal to zero;
CLASS B DEBT AMOUNT means, with respect to any date of determination, an amount equal to the Class B Initial Investor Interest minus the aggregate amount of principal payments made from Trust Property and amounts to be treated as principal payments made to the Series 2007-1 Investor Beneficiary which are treated by the Loan Note Issuer for calculation purposes as principal payments notionally referable to the Class B Investor Interest Provided, however, that upon the Series 2007-1 Termination Date the Class B Debt Amount shall be an amount equal to zero;
More Definitions of CLASS B DEBT AMOUNT
CLASS B DEBT AMOUNT. ’ means the Class B Initial Investor Interest minus the total principal payments made to the MTN Issuer referable to the Class B Investor Interest from the property of the receivables trust. On the series 05-1 termination date, the Class B Debt Amount will be zero.
CLASS B DEBT AMOUNT means, with respect to any date of determination, an amount equal to A$43,200,000 minus the aggregate amount of principal payments made under the Class B Tranche of the Series 2019-1 Investor Interest Note;
CLASS B DEBT AMOUNT. ’ means, on any date, the Class B Interest plus any amount then standing to the credit of the Class B Principal Deficiency Ledger.