Class B 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 B Revolving Loans so that, after giving effect thereto, no Class B Borrowing Base Deficiency would exist or (ii) during any other period, the aggregate outstanding principal balance of Class B Revolving Loans.
Class B 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(a)(vi)), if any, necessary to reduce the Loans Outstanding (after giving effect to the payment of Class A Monthly Principal Payment Amount on such Payment Date) so that the Loans Outstanding equal the Total Borrowing Base (while a Level I Trigger Event is continuing, without giving effect to any amounts on deposit in the Collection Account) as of such Payment Date.
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 B Monthly Principal Payment Amount
Class B Monthly Principal Payment Amount means, an amount equal to (a) for 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, $0, and (b) for any subsequent Payment Date, the amount necessary to reduce the outstanding principal amount of the Class B Notes to the Class B Target Principal Amount.
Class B 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 B Loans so that, after giving effect thereto, no Class B Borrowing Base Deficiency would exist, or (ii) during any other period, the Class B Aggregate Loan Principal Balance. “Class B Purchase Option Amount” means the outstanding principal amount of the Class A Loans, all accrued interest on the Class A Loans and Class A Unused Fees, and all other amounts due or to become due from the Borrower to the Class A Lenders (or to the Administrative Agent, if the Administrative Agent is an Affiliate of a Class A Lender) and any other party entitled to distributions under Section 3.02(c)(i) or (ii) under this Agreement and any
Class B Monthly Principal Payment Amount. With respect to any Payment Date, the amount, if any, necessary to reduce the Class B Aggregate Loan Amount to the Class B Borrowing Base as of such Payment Date.
Class B Monthly Principal Payment Amount means, for any Payment Date, the Class B Percentage of the Monthly Principal Amount.