Maximum VFN Principal Balance. For any VFN Class, the amount specified in the related Indenture Supplement.

Maximum VFN Principal Balance in its entirety and replacing such definition with the following:

Maximum VFN Principal Balance. [$___________]

Examples of Maximum VFN Principal Balance in a sentence

Furthermore, following a reduction in the Maximum VFN Principal Balance pursuant to this clause (ii), the Issuer shall not at any time be permitted to request an increase in the Maximum VFN Principal Balance.
Following such permanent reduction, the applicable VFN Noteholders shall only be required to fund increases in the VFN Principal Balance up to such reduced Maximum VFN Principal Balance.
The increase or reduction in the Maximum VFN Principal Balance in respect of any Outstanding Class of Notes, the increase or decrease of any Advance Rates in respect thereof and/or the increase or decrease of interest rates in respect thereof shall not constitute an issuance of “new Notes” for purpose of this Section 6.10.
Any such repayment pursuant to this Section 13.1(d) shall reduce the principal balance of such Variable Funding Notes but shall not result in a reduction of any funding commitments related thereto or the Maximum VFN Principal Balance thereof (unless otherwise agreed between the Noteholders of such Variable Funding Notes and the Issuer) and (ii) may be made on a non-pro rata basis with other Series of Variable Funding Notes.
For the avoidance of doubt, the Issuer may reduce the Maximum VFN Principal Balance at any time to an amount not less than the current VFN Principal Balance.

More Definitions of Maximum VFN Principal Balance

Maximum VFN Principal Balance means, for Class A-VF4, $25,000,000, or, in the case of such Class on any date, a lesser amount calculated pursuant to a written agreement between the Servicer, the Administrator and the Administrative Agent.

Maximum VFN Principal Balance means, for the Series 2013-VF2 Notes, $400,000,000 or, on any date, a lesser amount calculated pursuant to a written agreement between the Servicer, the Administrator and the Administrative Agent.

Maximum VFN Principal Balance means, for the Series 2016-MSRVF1 Notes, $1,000,000,000, or (i) such other amount, calculated pursuant to a written agreement between the Administrator and the Administrative Agent or (ii) such lesser amount designated by the Administrator in accordance with the terms of the Base Indenture.

Maximum VFN Principal Balance means, for the Series 2017-VF1 Notes, $[***], or (i) such other amount, calculated pursuant to a written agreement between the Administrator and the Administrative Agent or (ii) such lesser amount designated by the Administrator in accordance with the terms of the Base Indenture.

Maximum VFN Principal Balance has the meaning assigned to such term in the Pricing Side Letter.

Maximum VFN Principal Balance means, at any time, (a) with respect to the Series 2018-VF1 Notes in the aggregate, the lesser of (i) the Maximum Committed Purchase Price and (ii) the amount that results from a permanent reduction pursuant to Section 4.3(b)(ii) of the Base Indenture and (b) with respect to each Class of the Series 2018-VF1 Notes, the least of (i) the amounts calculated pursuant to clause (a) and (ii):

Maximum VFN Principal Balance. Initially $[200,000,000], or such other lesser amount as may be agreed upon by the parties hereto or as reduced pursuant to Section 4.3(b)(ii).