Examples of Initial Certificate Principal Balance in a sentence
Capital gain from the sale of Airwave in 2007 is also excluded, as well as gains related to the real estate sale in the Czech Republic in 2008, restructuring and similar charges and the result of the application of provisions made in respect of potential contingencies deriving from the past disposal of shareholdings, once these risks had dissipated or had not materialized.
The model results give an indication of the importance of different hydrogeological parameters on the lifetime of geothermal reservoirs, and even if the modelled lifetime of the reservoir exceeds the lifetime of a geothermalpower plant, the relative importance of different parameters remains the same.
And when those payments are distributed to certificateholders, the certificate balance is decreased; the PSA thus defines the Certificate Principal Balance of a certificate as “the Initial Certificate Principal Balance .
The following table irrevocably sets forth the designation, Pass-Through Rate, Initial Certificate Principal Balance (or initial Uncertificated Principal Balance, in the case of the Class C Interest and the Class IO Interest) and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4) (iii), the “latest possible maturity date” for each class of Certificates and interests that represents ownership of one or more of the Regular Interests in REMIC III created hereunder.
Percent of Initial Certificate Principal Balance Outstanding Class A-2A Class A-2BDistribution Date16.97Maturity in Years(1)..................Weighted Average Life to Optional Termination in Years(1)(2) .................................