Examples of Note Initial Principal Balance in a sentence
The total amount of the distribution to Class B Noteholders per $1000 Note Initial Principal Balance.
The total amount of the distribution to Class A Noteholders per $1000 Note Initial Principal Balance.
The total amount of the distribution to Class C Noteholders per $1000 Note Initial Principal Balance.
Upon the occurrence of the Pay Out Event (other than as a result of an Event of Default), the Required Owner Trust Spread Account Amount shall automatically be increased to 4.0% of the initial Note Initial Principal Balance.
The Class B Note Principal Balance on any date of determination will be an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.