Required Class B Principal Balance definition

Required Class B Principal Balance means, as of any date of determination, the product of the Class B Pro Rata Percentage times the Note Principal Balance.
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Required Class B Principal Balance means on any date of determination, the Class B Pro Rata Percentage times the Note PrincipalBalance.
Sample 1
Required Class B Principal Balance means on any date of determination, the Class B Pro Rata Percentage times the Note Principal Balance. “Required Class M Principal Balance” means on any date of determination, the Class M Pro Rata Percentage times the Note Principal Balance. “Required Draw Amount” is defined in subsection 5.10(c).
Sample 1

Related to Required Class B Principal Balance

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • 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.