Examples of Class B Scheduled Payment Date in a sentence
After payment in full of the Class A Invested Amount, amounts in the Principal Funding Account will be paid to the Class B Certificateholders on the Class B Scheduled Payment Date.
Principal Distributable Amount" means, with respect to any Payment Date on and after the earlier to occur of (a) the Class B Scheduled Payment Date and (b) any Note Principal Due Date, the Class B Note Principal Balance on such Payment Date.
On the earlier to occur of the first Transfer Date with respect to the Rapid Amortization Period after payment in full of the Class A Investor Interest or the Transfer Date immediately preceding the Class B Scheduled Payment Date, the Servicer shall instruct the Trustee to withdraw, and the Trustee shall withdraw from the Principal Account and deposit in the Distribution Account the amount on deposit in the Principal Account.
On each Payment Date, beginning with the earlier of the Class B Scheduled Payment Date and the Note Principal Due Date, the amount deposited in the Note Distribution Account pursuant to subsection 2.7(a)(v) on the related Transfer Date shall be paid by the Paying Agent to the Class B Noteholders in respect of principal of the Class B Notes.
August 1999 Distribution Date Class B Scheduled Payment Date.........................................