Initial Note Balance means, for any Class, the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance, the Initial Class B Note Balance, the Initial Class C Note Balance, the Initial Class D Note Balance or the Initial Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of the foregoing.
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.
Initial Note Balance means the initial principal amount of the Notes.
Examples of Initial Note Balance in a sentence
Pursuant to Section 5.01(a) of the 2024-B Servicing Supplement, on any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer may cause the Notes to be redeemed in whole but not in part by purchasing the 2024-B Exchange Note.
More Definitions of Initial Note Balance
Initial Note Balance means, for any Class, 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 applicable, or with respect to the Notes generally, the sum of the foregoing.
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, $[●] 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:
Initial Note Balance means the sum of the Initial Class A-1 Note Balance, the Initial Class A-2a Note Balance, the Initial Class A-2b Note Balance, the Initial Class A-3 Note Balance and the Initial Class A-4 Note Balance.