Class B Notional Amount definition
Class B Notional Amount means, on any date of determination, the ----------------------- notional amount of the Class B Interest Rate Cap on such date, which shall be an amount equal to the Expected Class B Principal with respect to such date of determination, less the aggregate notional amount of any portions of the Class B Interest Rate Cap sold on or prior to such date pursuant to Section 4.11(g).
Class B Notional Amount means the “Notional Amount” as defined in the Class B Confirmation;
Class B Notional Amount means, as of any date, an amount equal ----------------------- to $[____________], subject to adjustment each [____________], [____________], [____________] and [____________] Distribution Date such that the Class B Notional Amount will be reduced (effective as of such date) to the outstanding principal amount of the Class B Certificates after giving effect to the distribution of Class B Monthly Principal on such Distribution Date.]
More Definitions of Class B Notional Amount
Class B Notional Amount means, on any date of determination, an ----------------------- amount equal to the Expected Class B Principal.
Class B Notional Amount means the "Calculation Amount" as ----------------------- defined in the Class B Interest Rate Swap.
Class B Notional Amount means, as determined on each Deposit Date, the Class B Note Balance as of close of business on the preceding Distribution Date, provided, however, with respect to the first Deposit Date, the Class B Notional Amount will be equal to the Initial Class B Note Balance.