Initial Class B Principal Balance definition
Examples of Initial Class B Principal Balance in a sentence
On the Closing Date, the Indenture Trustee will execute and authenticate (i) one or more Global Notes and/or (ii) Individual Notes all in an aggregate principal amount that shall equal the applicable Initial Class A Principal Balance, the applicable Initial Class B Principal Balance, the applicable Initial Class C Principal Balance, the applicable Initial Class D Principal Balance and the applicable Initial Class E Principal Balance.
On the Closing Date, the Indenture Trustee will execute and authenticate (i) one or more Global Notes and/or (ii) Individual Notes all in an aggregate principal amount that shall equal the applicable Initial Class A Principal Balance, the applicable Initial Class B Principal Balance and the applicable Initial Class C 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 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.
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.