Minimum Principal Payment Amount. With respect to any Series, the amount identified as such in the related Supplement.

Minimum Principal Payment Amount means, for the Series 2011-1 Notes on any Payment Date, one of the following:

Minimum Principal Payment Amount means, for any Payment Date, the “Minimum Principal Payment Amount” specified therefor on the Amortization Schedule.

Examples of Minimum Principal Payment Amount in a sentence

The Minimum Principal Payment Amount for each Billing Cycle is determined at the time you take your Cash Advance as follows: Your Minimum Principal Payment Amount will be the greater of $50 or 5% of your Principal Balance.
On each Payment Date is equal to the excess, if any, of (x) the then Aggregate Class A Note Principal Balance (after giving effect to the portion of the Class A Minimum Principal Payment Amount for the Class A Notes actually paid on such Payment Date), over (y) the Class A Scheduled Targeted Principal Balance for such Payment Date.
Your Minimum Principal Payment Amount will be greater of $100 or 10% of the Principal Balance.
On each Payment Date is equal to the excess, if any, of (x) the then Aggregate Class B Note Principal Balance (after giving effect to the portion of the Class B Minimum Principal Payment Amount for the Class B Notes actually paid on such Payment Date), over (y) the Class B Scheduled Targeted Principal Balance for such Payment Date.
On each Payment Date is equal to the excess, if any, of (i) the Aggregate Class A Note Principal Balance (calculated after giving effect to any payment of the Class A Minimum Principal Payment Amount and the Class A Scheduled Principal Payment Amount actually paid on such Payment Date), over (ii) the Class A Asset Base (determined as of the last day of the month immediately preceding such Payment Date).

More Definitions of Minimum Principal Payment Amount

Minimum Principal Payment Amount means, for the Series 2006-1 Notes then Outstanding on any Payment Date, an amount equal to the excess, if any, of (x) the Aggregate Series 2006-1 Note Principal Balance on such Payment Date (prior to giving effect to any payments to be made on such date), over (y) the Minimum Targeted Principal Balance for such Series 2006-1 Notes for such Payment Date.

Minimum Principal Payment Amount means, for the Series 2012-1 Notes on any Payment Date, one of the following:

Minimum Principal Payment Amount means that portion of the Minimum Payment Amount that you will pay each Billing Cycle that is applied to your outstanding Principal Balance.

Minimum Principal Payment Amount means, with respect to any subclass of ACS Group Class A Securities, as of any Payment Date, the product of (i) the ACS Group Class A Security Portion for such Payment Date and (ii) the Assumed Monthly Depreciation for such Payment Date.

Minimum Principal Payment Amount. Except as set forth in an applicable Supplement for any Series of Outstanding Notes for any Payment Date, the excess, if any, of (x) the then aggregate unpaid principal balance of such Series over (y) the Minimum Targeted Principal Balance for such Series for such Payment Date.

Minimum Principal Payment Amount. This term shall have the meaning set forth in the related Supplement.

Minimum Principal Payment Amount means, for each Class of Equipment Notes within a Series and for any Payment Date, the excess, if any, of (x) the sum of the then Outstanding Principal Balance of all Equipment Notes of such Class over (y) the Minimum Targeted Principal Balance of such Class for such Payment Date.