Initial Note Balance definition

Initial Note Balance means, as the context may require, (i) with respect to all of the Notes, $1,500,000,000, or (ii) with respect to any Note, an amount equal to the initial denomination of such Note.

Examples of Initial Note Balance in a sentence

  • Each amount set forth pursuant to paragraph (a) or (g) above relating to the Notes shall be expressed as a dollar amount per $1,000 of the Initial Note Balance of the Notes (or Class thereof).

  • Subject to Section 5.4, Notes of any Series or Class may be exchanged for other Notes of such Series or Class of any authorized denominations, of a like aggregate Initial Note Balance and Stated Maturity Date and of like terms, upon surrender of the Notes to be exchanged at the Place of Payment.

  • The aggregate Initial Note Balance of Notes which may be authenticated and delivered and Outstanding under this Indenture is not limited.

  • Upon the exchange of the entire Initial Note Balance of a Global Note for Definitive Notes, such Global Note will be canceled by the Indenture Trustee or its agent.

  • Each amount set forth pursuant to clause (a) or (g) above relating to the Notes shall be expressed as a dollar amount per $1,000 of the Initial Note Balance of the Notes (or Class thereof).


More Definitions of Initial Note Balance

Initial Note Balance means the initial principal amount of the Notes.
Initial Note Balance. For any Note or for any Class of Notes, the Note Balance of such Note upon the related Issuance Date as specified in the related Indenture Supplement.
Initial Note Balance means, as the context may require, with respect to (i) all of the Notes, $1,430,264,000 or (ii) any Note, an amount equal to the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance or the Initial Class A-4 Note Balance, as the case may be.
Initial Note Balance means, with respect to each Note, the principal balance of such Note set forth on the Mortgage Loan Schedule.
Initial Note Balance. With respect to the Class A-l Notes, $49,000,000. With respect to the Class A-2 Notes, $42,300,000. With respect to the Class A-3 Notes, $16,100,000. With respect to the Class A-4 Notes, $21,600,000. With respect to the Class M-l Notes, $19,000,000. With respect to the Class M-2 Notes, $11,000,000. With respect to the Class B-1 Notes, $10,000,000. With respect to the Class B-2 Notes, $4,000,000.
Initial Note Balance means, for any Class of Notes, the Note Balance of such Class upon issuance, as set forth below: