Initial Class B Principal Balance definition

Initial Class B Principal Balance means $50,000,000.
Initial Class B Principal Balance means $75,001,000.
Initial Class B Principal Balance means $24,000,000.

Examples of Initial Class B Principal Balance in a sentence

  • The Certificates shall be issued in minimum denominations of $25,000 and integral multiples of $1,000 in excess thereof; provided, however, that one Class B Certificate may be issued in a denomination that represents any remaining portion of the Initial Class B Principal Balance.

  • Except as provided in the Agreement, the Class B Certificates are issuable only as registered certificates without coupons in minimum denominations of $25,000 and integral multiples of $1,000 in excess thereof; provided, however, that one Class B Certificate may be issued in a denomination that represents any remaining portion of the Initial Class B 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.

  • Accordingly, the unpaid principal balance of the fractional undivided interest evidenced hereby at any time may be less than the Initial Class B Principal Balance set forth below.

  • 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.


More Definitions of Initial Class B Principal Balance

Initial Class B Principal Balance means $45,000,000.
Initial Class B Principal Balance means $10,538,292.27.
Initial Class B Principal Balance means $37,000,000.
Initial Class B Principal Balance means $______.
Initial Class B Principal Balance means the dollar amount defined as such in the Agreement.
Initial Class B Principal Balance means $42,000,000.
Initial Class B Principal Balance means $20,000,000.