Noteholders' Monthly Principal Distributable Amount definition

Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Noteholders' Percentage of the Principal Distributable Amount.

Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the sum of (i) the Regular Principal Distribution Amount plus (ii) the Accelerated Principal Amount plus (iii) any accelerated payments of principal required to be made from amounts on deposit in the Reserve Account pursuant to Section 5.07(b)(ii).

Noteholders' Monthly Principal Distributable Amount means, for any Distribution Date prior to the Distribution Date on which the Notes have been paid in full, 100% of the Principal Distribution Amount; and for the Distribution Date on which the Notes are paid in full, the portion of the Principal Distribution Amount required to pay the Notes in full.

Examples of Noteholders' Monthly Principal Distributable Amount in a sentence

• Principal Distributable Amount" means, with respect to any Payment Date, the sum of the [A-1 Noteholders'] Monthly Principal Distributable Amount for such Payment Date and the [A-1 Noteholders'] Principal Carryover Shortfall as of the close of the preceding Payment Date; provided, however, that the [A-1 Noteholders'] Principal Distributable Amount shall not exceed the outstanding principal balance of the [A-1 Notes].

• Principal Carryover Shortfall" means, as of the close of any Payment Date, the excess of the [A-2 Noteholders'] [Monthly] Principal Distributable Amount and any outstanding [A-2 Noteholders'] Principal Carryover Shortfall from the preceding Payment Date over the amount in respect of principal that is actually deposited in the Note Distribution Account in respect of the [A-2 Notes].

• PRINCIPAL DISTRIBUTABLE AMOUNT" means, with respect to any Distribution Date (other than the Final Scheduled Distribution Date for any class of Notes), the sum of the Noteholders' Monthly Principal Distributable Amount for such Distribution Date and the Noteholders' Principal Carryover Shortfall as of the close of the preceding Distribution Date.

• The Noteholders' Principal Distributable Amount on the Final Scheduled Distribution Date for any class of Notes will equal the sum of (i) the Noteholders' Monthly Principal Distributable Amount for such Distribution Date, (ii) the Noteholders' Principal Carryover Shortfall as of the close of the preceding Distribution Date, and (iii) the excess of the outstanding principal balance of such class of Notes, if any, over the amounts described in clauses (i) and (ii).

• The antenatal clinics of the University of Uyo Teaching Hospital (UUTH), a tertiary health care facility and that of St. Luke’s Hospital, Anua (SLHA), a secondary health institution were chosen.

More Definitions of Noteholders' Monthly Principal Distributable Amount

Noteholders' Monthly Principal Distributable Amount. With respect to any Distribution Date, 100% of the Principal Distribution Amount. With respect to the Distribution Date on which the outstanding principal balance of the Class A-1 Notes is reduced to zero, the "Noteholders' Monthly Principal Distributable Amount" shall equal the sum of (i) the outstanding principal balance of the Class A-1 Notes plus (ii) 100% (after giving effect to the retirement of the Class A-1 Notes) of the Principal Distribution Amount less the outstanding principal balance of the Class A-1 Notes immediately prior to such Distribution Date.

Noteholders' Monthly Principal Distributable Amount. With respect to any Distribution Date, 100% of the Principal Distribution Amount.

Noteholders' Monthly Principal Distributable Amount shall equal the sum of (i) the outstanding principal balance of the Class A-1 Notes plus (ii) 100% (after giving effect to the retirement of the Class A-1 Notes) of the Principal Distribution Amount less the outstanding principal balance of the Class A-1 Notes immediately prior to such Distribution Date.

Noteholders' Monthly Principal Distributable Amount means, with respect to any Monthly Payment Date, the lesser of (i) the sum of the Regular Principal Distribution Amount plus the Accelerated Principal Distribution Amount for such Monthly Payment Date and (ii) the amount, if any, necessary to reduce the aggregate principal amount of the Notes so that the Overcollateralization Amount shall equal the Targeted Overcollateralization Amount after application of payments for such Monthly Payment Date in reduction of the aggregate principal amount of the Notes; provided that on and after the Stated Maturity Date for any Class or Classes of Notes, the Noteholders' Monthly Principal Distributable Amount shall be calculated as an amount which is not less than the amount required to reduce the aggregate principal amount of the Notes of such Class or Classes to zero.

Noteholders' Monthly Principal Distributable Amount. With respect to each Distribution Date, the sum of (i) the Regular Principal Distribution Amount, plus (ii) for each Distribution Date for which the related Due Period occurred during the Funding Period and for each Distribution Date thereafter if the Overcollateralization Amount is less than the Required Overcollateralization Amount, the Excess Spread, if any, plus (iii) if the remaining amount in the Pre-Funding Account at the end of the Funding Period is less than or equal to $50,000, then such remaining amount.

Noteholders' Monthly Principal Distributable Amount means, with respect to any Monthly Payment Date, the lesser of (i) the sum of the Regular Principal Distribution Amount plus the Accelerated Principal Distribution Amount for such Monthly Payment Date and (ii) the amount, if any, necessary to reduce the aggregate principal amount of the Notes so that the Overcollateralization Amount shall equal the Targeted Overcollateralization Amount after application of principal payments for such Monthly Payment Date.

Noteholders' Monthly Principal Distributable Amount. With respect to each Distribution Date, the amount equal to the sum of the following amounts (without duplication) with respect to the immediately preceding Due Period: that portion of all Payments received on Home Loans allocable to principal for such Distribution Date, including all full and partial principal prepayments (including (i) such payments in respect of such Home Loans that became Defaulted Home Loans on or prior to the end of the preceding Due Period, (ii) the portion of the Purchase Price allocable to principal of all Defective Loans or Defaulted Loans and the portion of the Termination Price, if any, set forth in Section 11.01(b) allocable to principal with respect to the Home Loans, and (iii) any Substitution Adjustments deposited to the Note Distribution Account pursuant to Section 3.05 on the previous Determination Date); provided, however, that the Noteholders' Monthly Principal Distributable Amount on any Distribution Date shall not exceed