Class B Principal Amount definition

Class B Principal Amount means, when used with respect to any date, an amount equal to the Class Principal Amount for the Class B Notes.

Class B Principal Amount means, as of any date, the sum of the Note Principal Amounts of all Class B Notes;

Class B Principal Amount means, when used with respect to any date, an amount equal to the sum of the Class B Investor Group Principal Amount as of such date with respect to each Class B Investor Group as of such date; provided that, during the Revolving Period, for purposes of determining whether or not the Required Noteholders have given any consent, waiver, direction or instruction, the Principal Amount held by each Class B Noteholder shall be deemed to include, without double counting, such Class B Noteholder’s undrawn portion of the “Class B Maximum Investor Group Principal Amount” (i.e., the unutilized purchase commitments under the Issuer Facility Agreement) for such Class B Noteholder’s Class B Investor Group.

Examples of Class B Principal Amount in a sentence

• Each of the Class A Principal Amount and the Class B Principal Amount is referred to herein as a "Class Principal Amount".

• On any Business Day during the Revolving Period, the Issuer, subject to this Sub-Clause 2.2(b) (Class B Advances), may increase the Class B Principal Amount (such increase, including any increase resulting from a Class B Investor Group Maximum Principal Increase Amount, is referred to as an “Class B Advance”), by increasing the principal amounts of the Class B Notes allocated ratably by their respective Class B Commitment Percentages in accordance with Sub-Clause 2.2(b)(iv) (Class B Advance Allocations).

• On any Business Day during the Series 2013-A Revolving Period, HVF II, subject to this Section 2.2(b), may increase the Class B Principal Amount (such increase, including any increase resulting from a Class B Investor Group Maximum Principal Increase Amount or a Class B Additional Investor Group Initial Principal Amount, is referred to as a “Class B Advance”), which increase shall be allocated among the Class B Investor Groups in accordance with Section 2.2(b)(iv).

• The "Note Principal Amount" of any Note as of any date shall be the aggregate amount from time to time entered in the records of both ICSDs. "Class A Principal Amount" shall mean, as of any date, the sum of the Note Principal Amounts of all Class A Notes and "Class B Principal Amount" shall mean, as of any date, the sum of the Note Principal Amounts of all Class B Notes.

• Each Borrowing Notice shall be irrevocable and shall specify an Additional Class A-1 Principal Amount, an Additional Class A-2 Principal Amount an Additional Class B Principal Amount, and/or an Additional Class C Principal Amount which, except in the case of borrowings the proceeds of which are used to repay Swingline Borrowings, in the aggregate equal at least $50,000,000 and in an integral multiple of $1,000,000.

More Definitions of Class B Principal Amount

Class B Principal Amount means, when used with respect to any date, an amount equal to the sum of the Class B Investor Group Principal Amount as of such date with respect to each Class B Investor Group as of such date; provided that, during the Series 2013-A Revolving Period, for purposes of determining whether or not the Requisite Indenture Investors, Requisite Group I Investors or Series 2013-A Required Noteholders have given any consent, waiver, direction or instruction, the Class B Principal Amount held by each Class B Noteholder shall be deemed to include, without double counting, such Class B Noteholder’s undrawn portion of the “Class B Maximum Investor Group Principal Amount” (i.e., the unutilized purchase commitments with respect to the Class B Notes under this Series 2013-A Supplement) for such Class B Noteholder’s Class B Investor Group.

Class B Principal Amount means, as of any date of determination, the sum of the Class B-1 Principal Amount, the Class B-2 Principal Amount, the Class B-3 Principal Amount, the Class B-4 Principal Amount, the Class B-5 Principal Amount and the Class B-6 Principal Amount as of such date.

Class B Principal Amount means, when used with respect to any date, an amount equal to the sum of the Class B Investor Group Principal Amount as of such date with respect to each Class B Investor Group as of such date; provided that, during the Series 2013-B Revolving Period, for purposes of determining whether or not the Requisite Indenture Investors, Requisite Group II Investors or Series 2013-B Required Noteholders have given any consent, waiver, direction or instruction, the Class B Principal Amount held by each Class B Noteholder shall be deemed to include, without double counting, such Class B Noteholder’s undrawn portion of the “Class B Maximum Investor Group Principal Amount” (i.e., the unutilized purchase commitments with respect to the Class B Notes under this Series 2013-B Supplement) for such Class B Noteholder’s Class B Investor Group.

Class B Principal Amount means, when used with respect to any date, an amount equal to the Class Principal Amount for the Class B

Class B Principal Amount means when used with respect to any date, an amount equal to the Class B Outstanding Principal Amount plus the amount of any principal payments made to Class B Noteholders that have been rescinded or otherwise returned by the Class B Noteholders for any reason; provided that, during the Series 2010-1 Revolving Period, for purposes of determining whether or not the Class B Noteholders, the Required Noteholders or Controlling Class Noteholders have given any consent, waiver, direction or instruction, the Class B Principal Amount held by such Class B Noteholder shall be deemed to include, without double-counting, the undrawn portion of the Class B Maximum Principal Amount (i.e. the unutilized purchase commitments under the Class B Note Purchase Agreement).

Class B Principal Amount. “Eurodollar Advance”, “Eurodollar Interest Period”, “Eurodollar Rate”, “Eurodollar Rate (Reserve Adjusted)”, “Prime Rate”, “Series 2021-A AAA Component”, “Series 2021-A Adjusted Asset Coverage Threshold Amount”, “Series 2021-A Asset Amount”, “Series 2021-A Asset Coverage Threshold Amount”, “Series 2021-A Blended Advance Rate Weighting Denominator”, “Series 2021-A Commitment Termination Date”, “Series 2021-A Eligible Manufacturer Receivable”, “Series 2021-A Liquidation Event”, “Series 2021-A Manufacturer Concentration Excess Amount”, “Series 2021-A Manufacturer Percentage”, “Series 2021-A Maximum Manufacturer Amount”, “Series 2021-A Maximum Non-Investment Grade (High) Program Receivable Amount”, “Series 2021-A Non-Investment Grade (High) Program Receivable Concentration Excess Amount”, “Series 2021-A Non-Liened Vehicle Concentration Excess Amount”, “Series 2021-A AAA Select Component”, “Series 2021-A Third-Party Market Value”, “Class A Up-Front Fee” or “Class B Up-Front Fee”, in each case, without the written consent of each Committed Note Purchaser and each Conduit Investor of the Class affected by the amendment;

Class B Principal Amount means, when used with respect to any date, an amount equal to (a) the Class B Initial Principal Amount minus