Expected Principal Amount definition

Expected Principal Amount means, with respect to the Final Amortization Date or the Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of the Reference Obligation payable on such day (excluding any amount representing capitalized interest that relates to the Term of the Transaction) assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus (ii) the sum of (A) the Aggregate Implied Writedown Amount (if any) and (B) the net aggregate principal deficiency balance or realized loss amounts (however described in the Underlying Instruments) that are attributable to the Reference Obligation. The Expected Principal Amount shall be determined without regard to the effect of any provisions (however described) of the Underlying Instruments that permit the limitation of due payments or distributions of funds in accordance with the terms of such Reference Obligation or that provide for the extinguishing or reduction of such payments or distributions.
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Expected Principal Amount means, with respect to the Final Amortization Date or the Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of the Reference Obligation payable on such day assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus
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Expected Principal Amount. With respect to any Reference Obligation Payment Date, the amount of current principal that this is due and payable on the related Reference Obligation Payment Date assuming for this purpose that sufficient funds are available therefor in accordance with the Underlying Instruments. For avoidance of doubt, the payment of the principal component of the purchase price of a Reference Obligation on the Reference Obligation Put Date is an Expected Principal Amount. The Expected Principal Amount shall be determined without regard to (i) unpaid amounts in respect of principal due on prior Reference Obligation Payment Dates, or (ii) any prepayment penalties, yield maintenance provisions or unpaid interest, whether capitalized or not.
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Examples of Expected Principal Amount in a sentence

  • Exhibit 1 Revised Expected Principal Amount Amortization Series , Tranche Exhibit 2 Revised Amounts Receivable And Expected Principal Amount Amortization The total amount payable to the owner of the Recovery Property, or its assignee(s), pursuant to this letter is a $ principal amount, plus interest on such principal amount, plus other Financing Costs, to be obtained from Fixed Recovery Charge calculated in accordance with D.00-00-000.

  • Loan Series Expected Principal Amount (1) Expected Annual Interest Rate (2) Loan Date Maturity Date (1)The Expected Principal Amount represents an expectation only and may be altered at the sole discretion of the Manager.

  • Attachment 1 Revised Expected Principal Amount Amortization Series 2005-1, Class E-5 Xxxxxxxxxx 0 Xxxxxxx Xxxxxxxxxx Xxd Expected Principal Amount Amortization The remaining total amount payable to the owner of the Recovery Property, or its assignee(s), is a $ principal amount, plus interest on such principal amount, plus a $ overcollateralization amount, plus other ongoing costs, to be obtained from DRC charges calculated in accordance with D.00-00-000.

  • Loan Series Expected Principal Amount (1) Expected Annual Interest Rate (2) Loan Date Maturity Date (1) The Expected Principal Amount represents an expectation only and may be altered at the sole discretion of the Manager.

  • Loan Series Expected Principal Amount (1) Expected Annual Interest Rate (2) Loan Date Maturity Date (1) The Expected Principal Amount represents an expectation only and may be altered at the sole discretion of the Manager.(2) The Expected Annual Interest Rate represents an expectation only and may be altered at the sole discretion of the Manager, provided, however, in no event shall the interest rate on the Refinance Note exceed 4.50%.

  • Expected Settlement Date: July 7, 1997 Trust Maturity Date: June 15, 2003 Expected Principal Amount: USD 25,000,000 Coupon Rate: Settlement - 6/15/2003: 0.00% 12/15/2003 - 12/15/2026: 7.50% (effective rate: mandatorily exchangeable for underlying term assets as described below) Trust Maturity: 6/15/2003.

  • Attachment 1 Revised Expected Principal Amount Amortization Series 2005-1, Class F-6 Attachment 2 Amounts Receivable And Expected Principal Amount Amortization The remaining total amount payable to the owner of the Recovery Property, or its assignee(s), is a $ principal amount, plus interest on such principal amount, plus a $ overcollateralization amount, plus other ongoing costs, to be obtained from DRC charges calculated in accordance with D.00-00-000.


More Definitions of Expected Principal Amount

Expected Principal Amount means (A) with respect to the Final Amortization Date or the Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of the Put Portfolio II Asset payable on such day (excluding any amount representing capitalized interest) assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus (ii) the net aggregate principal deficiency balance or realized loss amounts (however described in the Underlying Instruments) that are attributable to the Put Portfolio II Asset and (B) with respect to any Principal Installment Date, the Principal Installment Amount for such Principal Installment Date. The Expected Principal Amount shall be determined without regard to the effect of any provisions (however described) of the Underlying Instruments that permit the limitation of due payments or distributions of funds in accordance with the terms of such Put Portfolio II Asset or that provide for the extinguishing or reduction of such payments or distributions.
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Expected Principal Amount means, with respect to a Reference Obligation and the Reference Obligation Final Amortization Date or the Reference Obligation Legal Final Maturity Date, an amount equal to (i) the Outstanding Principal Amount of such Reference Obligation payable on such day (excluding capitalized interest) assuming for this purpose that sufficient funds are available for such payment, where such amount shall be determined in accordance with the Underlying Instruments, minus (ii)
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Expected Principal Amount means, with respect to a Reference Obligation and the Reference Obligation Final Amortization Date or the Reference Obligation Legal Final Maturity Date, an amount equal to:
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Expected Principal Amount means, with respect to the Final Amortization Date or the Legal Final Maturity Date as of the Effective Date (without giving effect to any amendments of the Legal Final Maturity Date after the Effective Date), an amount equal to
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Expected Principal Amount means, with respect to any Reference Obligation and the related Final Amortisation Date or the related Legal Final Maturity Date, an amount equal to:
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Related to Expected Principal Amount

  • PO Principal Amount As to any Distribution Date and Loan Group, the sum of the applicable PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with any Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.

  • Stated Principal Amount means $1,000,000,000 or such higher amount as is specified in any Notice of Additional Issuance under Section 2.09.

  • Accreted Principal Amount for the Class A-2 Certificates means for each six-month period from and including each date specified in Schedule II hereof to but excluding the next such date, the amount specified in Schedule II as the "Ending Balance" for such beginning date.

  • Accelerated Principal Amount for a Distribution Date will equal the lesser of

  • Current Principal Amount With respect to any Certificate (other than an Interest Only Certificate) as of any Distribution Date, the initial principal amount of such Certificate, and reduced by (i) all amounts distributed on previous Distribution Dates on such Certificate with respect to principal, (ii) the principal portion of all Realized Losses allocated prior to such Distribution Date to such Certificate, taking account of the Loss Allocation Limitation and (iii) in the case of a Subordinate Certificate, such Certificate's pro rata share, if any, of the applicable Subordinate Certificate Writedown Amount for previous Distribution Dates. With respect to any Class of Certificates (other than an Interest Only Certificate), the Current Principal Amount thereof will equal the sum of the Current Principal Amounts of all Certificates in such Class. Notwithstanding the foregoing, solely for purposes of giving consents, directions, waivers, approvals, requests and notices, the Class R-I, Class R-II and Class R-III Certificates after the Distribution Date on which they each receive the distribution of the last dollar of their respective original principal amount shall be deemed to have Current Principal Amounts equal to their respective Current Principal Amounts on the day immediately preceding such Distribution Date.

  • Scheduled Principal Amount The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses Iy(i) and Iy(iv) of the definition of Class A Non-PO Optimal Principal Amount, but without such amount being multiplied by the Class A Percentage.

  • Attributable Principal Amount means (a) in the case of capital leases, the amount of capital lease obligations determined in accordance with GAAP, (b) in the case of Synthetic Leases, an amount determined by capitalization of the remaining lease payments thereunder as if it were a capital lease determined in accordance with GAAP, (c) in the case of Securitization Transactions, the outstanding principal amount of such financing, after taking into account reserve amounts and making appropriate adjustments, determined by the Administrative Agent in its reasonable judgment and (d) in the case of Sale and Leaseback Transactions, the present value (discounted in accordance with GAAP at the debt rate implied in the applicable lease) of the obligations of the lessee for rental payments during the term of such lease).

  • Non-PO Principal Amount As to any Distribution Date and Loan Group, the sum of (i) the sum of the applicable Non-PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with a Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date and (f) all Principal Prepayments on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date; and (ii) the Non-PO Recovery for such Distribution Date.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Class Principal Amount With respect to each Class of Certificates other than any Class of Notional Certificates, the aggregate of the Certificate Principal Amounts of all Certificates of such Class at the date of determination. With respect to each Class of Notional Certificates, zero.

  • Notional Principal Amount For calculating interest payments, on each Class of outstanding Interest Only MAC Notes as of any Payment Date, an amount equal to the outstanding Class Principal Balance as of such Payment Date of the portion of the related Class of Class M Notes that was exchanged for such Interest Only MAC Note.

  • Applicable Principal Amount means the aggregate principal amount of the Senior Notes that are components of Corporate Units.

  • Principal amount financed means the unpaid cash price balance after deducting the down payment, adding the cost of any insurance premiums required or obtained as security for or by reason of the sale of a motor vehicle under an installment sale contract, and adding other costs necessary or incidental to the sale of the motor vehicle under the contract that the seller contracts to pay on behalf of the buyer and for the amount of which the seller agrees to extend credit to the buyer and for which the buyer contracts voluntarily.

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Initial Principal Amount means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of: