Principal Funding Account Limit definition

Principal Funding Account Limit means, with respect to any date, an amount equal to 50% of the Note Balance as of such date.
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Principal Funding Account Limit means, with respect to any Series, the amount set forth in the applicable Trust Financing Agreement.
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Principal Funding Account Limit means, with respect to any date, an amount equal to 50% of the Note Balance as of suchdate.
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Related to Principal Funding Account Limit

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.