Original Note Principal Balance definition

Original Note Principal Balance means the Original Note Principal Balance of both Classes of Notes, or the Original Note Principal Balance of the Class 1-A Notes or the Class 2-A Notes, as applicable, each as reflected in the Adoption Annex.
Original Note Principal Balance of the Class 1-A Notes is $880,000,000 and of the Class 2-A Notes is $1,120,000,000.
Original Note Principal Balance means the amount reflected in the Adoption Annex.

Examples of Original Note Principal Balance in a sentence

  • The aggregate Asset Balance of all the Mortgage Loans with respect to which the senior lien may be so modified may not exceed 50% of the Original Note Principal Balance.

  • The aggregate Asset Balance of the Mortgage Loans with respect to which the senior lien may be modified in accordance with clause (ii)(A) may not exceed 10% of the Original Note Principal Balance and clause (ii)(B) may not exceed 40% of the Original Note Principal Balance.

  • The aggregate Asset Balance of all the Mortgage Loans with respect to which the senior lien may be so modified may not exceed 100% of the Original Note Principal Balance (this 100% referred to as the "Increased Senior Lien Limitation").

  • The aggregate amount of principal distributed to the Holders of either Class of Notes under this Indenture shall not exceed the related Original Note Principal Balance.

  • The Loan Rates of Mortgage Loans in a Loan Group having Asset Balances at the time of the proposed modification that aggregate over time not more than 5.0% of the related Original Note Principal Balance may be subject to reduction.


More Definitions of Original Note Principal Balance

Original Note Principal Balance. $____________.
Original Note Principal Balance means the Note Principal Balance of the Principal Amount Notes on the Closing Date as reflected in the Adoption Annex.
Original Note Principal Balance. As of the Closing Date and as to the Class A-1 Notes, $178,667,000, as to the Class A-2 Notes, $250,056,000 and as to the Class A-3 Notes, $113,175,000. The Certificates do not have an "Original Note Principal Balance."
Original Note Principal Balance. As of the Closing Date and as to the Class A Notes, $150,000,000. The Trust Certificates do not have an "Original Note Principal Balance."
Original Note Principal Balance. As of the Closing Date and as to each Class of Notes, as follows. The Certificates do not have an “Original Note Principal Balance.” A-1A $ 309,736,000 A-1B $ 77,435,000 A-2A $ 62,279,000 A-2B $ 60,417,000 A-2C $ 30,406,000 A-2D $ 322,076,000 M-1 $ 64,925,000 M-2 $ 50,788,000 M-3 $ 13,613,000 M-4 $ 10,996,000 M-5 $ 10,471,000 M-6 $ 12,043,000
Original Note Principal Balance. $700,000,000.