Ending Balance Factor definition

Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of each Tranche of the Outstanding Notes (after any Principal Reduction Payments are made) by the original principal balance of such Tranche of the Notes and rounding the result to nine decimal places.

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Ending Balance Factor means, with respect to a class of the LIBOR Rate Notes, for any given day, the number calculated by dividing the unpaid principal balance of the Outstanding LIBOR Rate Notes of such class (after any Principal Reduction Payments are made), by the original principal balance of the LIBOR Rate Notes of such class, and rounding the result to nine decimal places.

Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of the appropriate Class of the Outstanding LIBOR Rate Notes or Reset Rate Notes (after any Principal Reduction Payments are made thereto) by the original principal balance of such Class of the LIBOR Rate Notes or Reset Rate Notes, and rounding the result to nine decimal places.

Examples of Ending Balance Factor in a sentence

Such notices, which shall clearly indicate that they relate to a pro rata reduction of principal on the notes of such Class of the LIBOR Rate Notes and the Reset Rate Notes, shall contain the Ending Balance Factor and the Indenture Trustee contact's name and telephone number, shall be sent by facsimile (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department at (212) 855-4555.
Each such notice shall (1) clearly indicate that it relates to a pro rata reduction of principal, (2) contain the Ending Balance Factor and the Trustee contact's name and telephone number, and (3) be sent by telecopy (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department at (▇▇▇) ▇▇▇-▇▇▇▇.
Such notices, which shall clearly indicate that they relate to a pro rata reduction of principal, shall contain the Ending Balance Factor and the Indenture Trustee contact's name and telephone number, shall be sent by facsimile (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department at (▇▇▇) ▇▇▇-▇▇▇▇.
Such notices, which shall clearly indicate that they relate to a reduction of principal, shall contain the Ending Balance Factor and the Indenture Trustee contact's name and telephone number, shall be sent by facsimile (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department.

More Definitions of Ending Balance Factor

Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of each Tranche of the 2000 Series Bonds Outstanding (after any Targeted Amortization Payments are made) by the original principal balance of such Tranche of the 2000 Series Bonds and rounding the result to nine decimal places.

Ending Balance Factor means, with respect to any Quarterly Payment Date and a given series of Notes, the number calculated by dividing the unpaid principal balance of such series (after giving effect to any payment of principal on the Notes of such series on such Quarterly Payment Date) by the original principal balance of such series and rounding the result to nine decimal places.

Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of the Outstanding Class A-1L Notes (after any Principal Reduction Payments are made) by the original principal balance of the Class A-1L Notes, and rounding the result to nine decimal places.