Class C Principal Balance definition

Class C Principal Balance means, with respect to any date, an amount equal to the excess of (a) the sum of (i) the Class C Initial Principal Balance, plus (ii) the aggregate principal amounts of any Additional Class C Principal Amounts advanced pursuant to Section 12.6(a) of the Indenture, over (b) the aggregate amount of any principal payments made to Class C Owners pursuant to the Sale and Servicing Agreement and the Indenture through and including such date.
Class C Principal Balance means, on any Business Day, an amount equal to the result of (a) $ , plus (b) the aggregate amount of all Class C Incremental Principal Balances for all Class C Incremental Fundings occurring after the Amendment Date and on or prior to that Business Day, minus (c) the aggregate amount of principal payments made to Class C Noteholders after the Amendment Date and on or prior to such date. As applied to any particular Class C Note, the “Class C Principal Balance” means the portion of the overall Principal Balance represented by that Class C Note.
Class C Principal Balance means the portion of the overall Principal Balance represented by that Class C Note.

Examples of Class C Principal Balance in a sentence

  • Upon any Class C Incremental Funding, the Class C Principal Balance, the Collateral Amount, the Note Principal Balance and the Allocation Percentage shall increase as provided herein.

  • The agreements in this subsection shall survive the payment of the obligations under this Agreement, including the Class C Principal Balance.

  • The Indenture Trustee shall, upon receipt of an Issuer Order, authenticate and deliver for original issue the Class A Notes for original issue in an aggregate amount equal to the Initial Class A Principal Balance, Class B Notes for original issue in an aggregate amount equal to the Initial Class B Principal Balance, and Class C Notes for original issue in an aggregate amount equal to the Initial Class C Principal Balance.

  • The Indenture Trustee shall upon receipt of an Issuer Order authenticate and deliver Class A Notes for original issue in an aggregate amount equal to the Initial Class A Principal Balance, Class B Notes for original issue in an aggregate amount equal to the Initial Class B Principal Balance, the Class C Notes for original issue in an aggregate amount equal to the Initial Class C Principal Balance and Class D Notes for original issue in an aggregate amount equal to the Initial Class D Principal Balance.

  • The Indenture Trustee shall upon Issuer Order authenticate and deliver Class A Notes for original issue in an aggregate amount equal to the Initial Class A Principal Balance, Class B Notes for original issue in an aggregate amount equal to the Initial Class B Principal Balance and Class C Notes for original issue in an aggregate amount equal to the Initial Class C Principal Balance.


More Definitions of Class C Principal Balance

Class C Principal Balance. As of any date, an amount equal to the Class C Initial Principal Balance less any Class C Principal Payments previously made on the Class C Notes.
Class C Principal Balance means, on any Business Day, an amount equal to the result of (a) $ , plus (b) the aggregate amount of all Class C Incremental Principal Balances for all Class C Incremental Fundings occurring after the Closing Date and on or prior to that Business Day, minus (c) the aggregate amount of principal payments made to Class C Noteholders after the Closing Date and on or prior to such date. As applied to any particular Class C Note, the “Class C Principal Balance” means the portion of the overall Principal Balance represented by that Class C Note.
Class C Principal Balance as of any date means the Class C Initial Principal Balance less all amounts paid to the holders of Class C Notes in respect of principal pursuant to Section 5.06 hereof.
Class C Principal Balance. Seller Class C Purchaser Class C Principal Balance Prior to Sale: $ Class C Principal Balance Sold: $ Class C Principal Balance Retained: $ [Purchasing Class C Purchaser] A. Type of Purchaser: CP Conduit: Yes/No Committed Purchaser: Yes/No
Class C Principal Balance means the portion of the overall Class C Principal Balance represented by that Class C Note.
Class C Principal Balance. Transferee Class C Purchaser Class C Principal Balance After Sale: $ Address for Notices: Investing Office: SCHEDULE III TO TRANSFER SUPPLEMENT Form of Transfer Effective Notice To: [Name and address of Seller, Servicer, Trustee, Administrative Agent, Seller Class C Purchaser and Purchasing Class C Purchaser] The undersigned, as Agent under the Class C Note Purchase Agreement, dated as of March 5, 2009, among AmeriCredit Master Trust II, AmeriCredit Funding Corp. X, AmeriCredit Financial Services, Inc., the Class C Purchasers and the Agents parties thereto and Deutsche Bank Trust Company Americas, as Administrative Agent, acknowledges receipt of five executed counterparts of a completed Transfer Supplement. [Note: attach copies of Schedules I and II from such Agreement.] Terms defined in such Supplement are used herein as therein defined. Pursuant to such Supplement, you are advised that the Transfer Effective Date will be , . Very truly yours, [NAME OF AGENT], as Agent By: Name: Title: By: Name: Title: EXHIBIT C JOINDER SUPPLEMENT JOINDER SUPPLEMENT, dated as of the date set forth in Item 1 of Schedule I hereto, among the financial institution identified in Item 2 of Schedule I hereto, AmeriCredit Financial Services, Inc. (“AmeriCredit”), individually and as Servicer, AmeriCredit Funding Corp. X (“AFC”), individually and as Seller, AmeriCredit Master Trust II (the “Issuer”), the Agent named in Item 5 of Schedule I hereto (the “Agent”), and Deutsche Bank Trust Company Americas, as Administrative Agent (the “Administrative Agent”).
Class C Principal Balance. Sold: $________