Minimum Targeted Principal Balance means for the Series 2009-1 Notes for each Payment Date, an amount equal to the product of (x) the Aggregate Series 2009-1 Principal Balance on the Conversion Date and (y) the percentage set forth opposite such Payment Date (based on the number of Payment Dates elapsed from the Closing Date) on Schedule 1 hereto under the column titled “Percentage (Minimum Targeted Principal Balance)”.
Minimum Targeted Principal Balance. This term shall have the meaning set forth, if applicable, in the related Supplement.
Minimum Targeted Principal Balance means, for the Series 2012-1 Notes for each Payment Date, subject to Section 205(c), the amount set forth opposite such Payment Date on Schedule 1 hereto under the column entitled “Minimum Targeted Principal Balance”.
Examples of Minimum Targeted Principal Balance in a sentence
On each Payment Date is equal to the excess, if any, of (x) the then Aggregate Class B Note Principal Balance over (y) the Class B Minimum Targeted Principal Balance for such Payment Date.
Scoring, done by 5 different evaluators, is a quantitative variable used in the analysis.
For each Payment Date occurring after the latest Payment Date under “Class A” on Schedule I, the Class A Minimum Targeted Principal Balance shall be zero.
For each Payment Date occurring after the latest Payment Date under “Class B” on Schedule I, the Class B Minimum Targeted Principal Balance shall be zero.
More Definitions of Minimum Targeted Principal Balance
Minimum Targeted Principal Balance means for the Series 2012-1 Notes for each Payment Date subsequent to the Conversion Date, an amount equal to the product of (x) the Aggregate Series 2012-1 Note Principal Balance on the Conversion Date and (y) the percentage set forth opposite such Payment Date (based on the number of months elapsed from the Conversion Date; it being agreed that if the Conversion Date does not occur on a Payment Date, the number of months calculation shall commence with the Payment Date immediately following the Conversion Date) on Schedule 1 hereto under the column entitled “Minimum Targeted Principal Balance”.
Minimum Targeted Principal Balance means, for each Class of Equipment Notes within a Series and for any Payment Date, the amount identified as such for that Class in the related Series Supplement, as it may be adjusted from time to time in accordance Section 3.18 of the Master Indenture.
Minimum Targeted Principal Balance means, with respect to the Series 2013-1 Notes for each Payment Date, the amount set opposite such Payment Date on Schedule 1 hereto, as such schedule may be adjusted from time to time in accordance with the terms of the Supplement.
Minimum Targeted Principal Balance means for Series 2013-1 on any Payment Date, the amount set forth opposite such Payment Date on Schedule 1 hereto, as the amounts on Schedule 1 hereto may be amended from time to time in accordance with the provisions of this Supplement.
Minimum Targeted Principal Balance means, for each Series of Notes on any Payment Date, the amount identified as such in the related Supplement, as it may be adjusted from time to time in accordance with this Indenture and such Supplement.
Minimum Targeted Principal Balance means for the Series 2005-1 Notes for each Payment Date, an amount equal to the product of (x) the Aggregate Series 2005-1 Principal Balance on the Conversion Date and (y) the percentage set forth opposite such Payment Date (based on the number of Payment Dates elapsed from the Conversion Date) on Schedule 1 hereto under the column titled "Percentage (Minimum Targeted Principal Balance)".
Minimum Targeted Principal Balance means for the Series A2 Notes for each Payment Date after a Conversion Event, an amount equal to the product of (i) the aggregate Outstanding Principal Balances of all Series A2 Notes on the date on which a Conversion Event occurs, and (ii) the percentage set forth opposite such Payment Date on Schedule 1 hereto under the column entitled “Minimum Targeted Principal Balance,” calculated as provided in Section 2.05(b)(i) hereof and as adjusted from time to time pursuant to Section 2.05(e) hereof.