Noteholders’ Distributable Amount definition

Noteholders’ Distributable Amount means, with respect to any Distribution Date, the sum of the Noteholders’ Principal Distributable Amount and the Noteholders’ Interest Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of (a) the accrued and unpaid interest on the Notes for such Payment Date and (b) the Note Monthly Principal Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of: (a) the Class Interest Amount for each Class of Notes and (b) the Note Monthly Principal Distributable Amount.

Examples of Noteholders’ Distributable Amount in a sentence

• Provided that the requirement of obtaining prior approval of shareholders in general meeting shall not apply to payment of sitting fees to non-executive directors, if made within the limits prescribed under the Companies Act, 1956 for payment of sitting fees without approval of the Central Government.

• On or before each Payment Date, the First Principal Payment Amount and Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred to the Note Distribution Account as provided in Sections 5.5 and 5.6 of the Sale and Servicing Agreement, and the Turbo Principal Payment Amount as of such Payment Date will be transferred to the Note Distribution Account as provided in Section 5.6(b)(x) of the Sale and Servicing Agreement.

• On or before each Payment Date, the First Principal Payment Amount and Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred to the Note Distribution Account as provided in Sections 5.5 and 5.6 of the Sale and Servicing Agreement[, and the Turbo Principal Payment Amount as of such Payment Date will be transferred to the Note Distribution Account as provided in Section 5.6(b)(x) of the Sale and Servicing Agreement].

• On or before each Payment Date the Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred to the Note Distribution Account as provided in Sections 5.5 and 5.6 of the Sale and Servicing Agreement, and the Note Monthly Additional Principal Distributable Amount as of such Payment Date will be transferred to the Note Distribution Account as provided in Section 5.6(b)(x) of the Sale and Servicing Agreement.

• On or before each Payment Date, the First Principal Payment Amount and Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred to the Note Distribution Account as provided in Sections 5.5 and 5.6 of the Sale and Servicing Agreement.

More Definitions of Noteholders’ Distributable Amount

Noteholders’ Distributable Amount. With respect to any Distribution Date, the sum of the Noteholders' Principal Distributable Amount and the Noteholders' Interest Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Distribution Date, the Aggregate Noteholders' Interest Distributable Amount with respect to such Distribution Date plus the Noteholders' Principal Distributable Amount with respect to such Distribution Date for the most senior Class of Notes.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of: (a) the Class Interest Amount for each Class of Notes (b) the Class Principal Distributable Amount for each Class of Class A Notes, and (c) the Class B Noteholders' Monthly Principal Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Distribution Date, the sum of the Class A Distributable Amount, the Class B-1 Distributable Amount, the Class B-2 Distributable Amount and the Class C Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of the Noteholders' Principal Distributable Amount and the Noteholders' Interest Distributable Amount.

Noteholders’ Distributable Amount. With respect to any Distribution Date, the sum of the Noteholders' Interest Distributable Amount and the Noteholders' Principal Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of: (a) the Class Interest Amount for each Class of Notes, (b) the Class Principal Distributable Amount for each Class of Class A Notes, (c) the Reallocated Class C Principal Amount for each Class of Class A Notes (d) the Class B Noteholders' Monthly Principal Distributable Amount, (e) the Reallocated Class C Principal Amount for the Class B Notes and (f) the Class C Noteholders' Monthly Principal Distributable Amount.