Initial Note Principal Balance definition

Initial Note Principal Balance means, with respect to each Note as of any date of determination, the “Initial Note Principal Balance” for such Note set forth in Part B of the Mortgage Loan Schedule.

Initial Note Principal Balance. With respect to the Notes, $______________.

Initial Note Principal Balance means $872,000,000.

Examples of Initial Note Principal Balance in a sentence

• On the Closing Date and pursuant to an Issuer Order, the Registrar will execute and authenticate one or more Book-Entry Notes in an aggregate principal amount that shall equal the Initial Note Principal Balance.

• On the Closing Date and pursuant to an Issuer Order, the Registrar will execute and authenticate one or more DTC Notes in an aggregate principal amount that shall equal the applicable Initial Note Principal Balance.

• On the Closing Date, (i) the Original Notes shall be issued such that the sum of the denominations of all outstanding Original Notes shall equal the applicable Initial Note Principal Balance, and (ii) the MAC Notes shall be registered in denominations of $0.

• The Securities Administrator shall upon Issuer Request authenticate and deliver each Class of Notes for original issue in an aggregate initial principal amount equal to the Initial Note Principal Balance or Initial Notional Amount, as applicable, for such Class of Notes.

• The Indenture Trustee shall upon Issuer Request authenticate and deliver each Class of Notes for original issue in an aggregate initial principal amount equal to the Initial Note Principal Balance for such Class of Notes.

More Definitions of Initial Note Principal Balance

Initial Note Principal Balance means for (a) the Class 1M-1 Notes, Class 1M-2 Notes or Class 1B-1 Notes, the "Initial Class Principal Balance" shown on Appendix I of the Debt Agreement for such Class and (b) for a Class of Exchangeable Notes or RCR Notes (other than the Interest Only RCR Notes), the "Original Balance" or "Maximum Original Balance Amount," respectively, shown on Exhibit I-1 for such Class.

Initial Note Principal Balance means $590,000,000.

Initial Note Principal Balance. With respect to the Class A-1 Notes, $665,143,000.00, with respect to the Class A-2 Notes, $690,405,000.00, with respect to the Class M Notes, $20,000,000.00, with respect to the Class B-1 Notes, $16,973,000.00, with respect to the Class B-2 Notes, $9,194,000.00, with respect to the Class B-3 Notes, $5,658,000.00, with respect to the Class B-4 Notes, $2,122,000.00, with respect to the Class B-5 Notes, $1,414,000.00 and with respect to the Class B-6 Notes, $3,538,169.82.

Initial Note Principal Balance means (a) $555,000,000 with respect to the Class 1M-1 Notes, (b) $945,000,000 with respect to the Class 1M-2 Notes, (c) $239,500,000 with respect to the Class 2M-1 Notes and (d) $310,500,000 with respect to the Class 2M-2 Notes.

Initial Note Principal Balance means the sum of (a) the Class A Note Initial Principal Balance, plus (b) the Class B Note Initial Principal Balance.

Initial Note Principal Balance means, (i) with respect to Note A-1, the “Initial Note A-1 Principal Balance” set forth in the Mortgage Loan Schedule; (ii) with respect to Note A-2, the “Initial Note A-2 Principal Balance” set forth in the Mortgage Loan Schedule; (iii) with respect to Note A-3, the “Initial Note A-3 Principal Balance” set forth in the Mortgage Loan Schedule; (iv) with respect to Note A-4-1, the “Initial Note A-4-1 Principal Balance” set forth in the Mortgage Loan Schedule; (v) with respect to Note A-4-2, the “Initial Note A-4-2 Principal Balance” set forth in the Mortgage Loan Schedule; (vi) with respect to Note A-4-3, the “Initial Note A-4-3 Principal Balance” set forth in the Mortgage Loan Schedule; (vii) with respect to Note A-5-1, the “Initial Note A-5-1 Principal Balance” set forth in the Mortgage Loan Schedule; (viii) with respect to Note A-5-2, the “Initial Note A-5-2 Principal Balance” set forth in the Mortgage Loan Schedule; (ix) with respect to Note A-6, the “Initial Note A-6 Principal Balance” set forth in the Mortgage Loan Schedule; (x) with respect to Note A-7-A, the “Initial Note A-7-A Principal Balance” set forth in the Mortgage Loan Schedule; (xi) with respect to Note A-7-B, the “Initial Note A-7-B Principal Balance” set forth in the Mortgage Loan Schedule; (xii) with respect to Note A-8-1, the “Initial Note A-8-1 Principal Balance” set forth in the Mortgage Loan Schedule; (xiii) with respect to Note A-8-2-A, the “Initial Note A-8-2-A Principal Balance” set forth in the Mortgage Loan Schedule; (xiv) with respect to Note A-8-2-B, the “Initial Note A-8-2-B Principal Balance” set forth in the Mortgage Loan Schedule; (xv) with respect to Note A-8-3, the “Initial Note A-8-3 Principal Balance” set forth in the Mortgage Loan Schedule; (xvi) with respect to Note B-1, the “Initial Note B-1 Principal Balance” set forth in the Mortgage Loan Schedule; and (xvii) with respect to Note B-2, the “Initial Note B-2 Principal Balance” set forth in the Mortgage Loan Schedule.

Initial Note Principal Balance means $425,600,000.