Notes Balance definition

Notes Balance means, as of any given time, an amount equal to (a) the Equity Percentage multiplied by (b) the aggregate Indebtedness of the Companies in respect of the Notes, as allocated pursuant to the Inter-Borrower Agreements and as determined in accordance with the Agreed Valuation Principles; provided, however, that to the extent a payment has been made to the Indentures Trustee on behalf of the Companies in respect of the Notes, such payment shall reduce the Notes Balance even if such payment has not yet been applied by the Indentures Trustee to reduce the Indebtedness outstanding under the Notes.
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Notes Balance means the aggregate principal balance of the Notes then outstanding.
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Notes Balance means, as of any given time, the Indebtedness of the Companies in respect of the Notes, as determined in accordance with the Agreed Valuation Principles.
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Examples of Notes Balance in a sentence

  • Facility Reserved / Use (Circle Appropriate ones): Xxxxxx House or Photographs Type of Event: Event Date: Start Time: End Time: Deposit Amount: $ Deposit Date: Check No. / Notes: Balance Due: $ Date Bal.

  • Facility Reserved / Use (Circle Appropriate ones): Xxxxxx House or Photographs Type of Event: Event Date: Start Time: End Time: _ Deposit Amount: $ Deposit Date: Check No. / Notes: Balance Due: $ Date Bal.

  • The Senior Notes, together with the Secured Party’s certificate of authentication, shall be issued on the Closing Date in substantially the form set forth in Exhibit B-1 hereto with an aggregate initial principal amount equal to the Initial Senior Notes Balance and the Subordinated Note shall be issued on the Closing Date in substantially the form set forth in Exhibit B-2 hereto.

Related to Notes Balance

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Class B Note Principal Balance means, on any date of determination, 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.

  • Class B Note Initial Principal Balance means $71,917,808.

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).

  • Note A-7 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-7 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-7 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Class Principal Balance With respect to any Class and as to any date of determination, the aggregate of the Certificate Balances of all Certificates of such Class as of such date.

  • Original Class B Principal Balance The sum of the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and Original Class B-6 Principal Balance, as set forth in Section 11.14.

  • Note A-5 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-5 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-5 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A-6 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-6 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-6 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A Principal Balance means, as of any date of determination, the aggregate Note Principal Balance of the A Notes.