Examples of Initial Class A Principal Balance in a sentence
Date of Pooling and Original Denomination: Servicing Agreement and $____________________ Cut-off Date: March 1, 1997 Initial Class A-__ Principal Balance: Class A-_ Pass-Through Rate: ____%, $____________________ computed on the basis of a 360-day year [and the actual number of days in the applicable Final Distribution Date: accrual period] [of twelve 30-day months].
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.
Accordingly, the unpaid principal balance of the fractional undivided interest evidenced hereby at any time may be less than the Initial Class A Principal Balance set forth below.