Scheduled Target Principal Balance definition

Scheduled Target Principal Balance means, for each Series of Notes and Asset on any Payment Date, the sum of (a) the product of (i) the Scheduled Series Percentage of such Series on such Payment Date for Group 1 Assets and (ii) the sum of the Allocable Notional Series Amount of each Group 1 Asset that was an Asset on the related Calculation Date, (b) the product of (i) the Scheduled Series Percentage of such Series on such Payment Date for Group 2 Assets and (ii) the sum of the Allocable Notional Series Amount of each Group 2 Asset that was an Asset on the related Calculation Date and (c) the product of (i) the Scheduled Series Percentage of such Series on such Payment Date for Group 3 Assets and (ii) the sum of the Allocable Notional Series Amount of each Group 3 Asset that was an Asset on the related Calculation Date.
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Scheduled Target Principal Balance for such Payment Date set forth in Appendix B to this Indenture, in each case as such amount shall be adjusted from time to time in accordance with Section 3.11 hereof.
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Scheduled Target Principal Balance means, with respect to (a) the Class A Notes on any Payment Date, the product of (i) of the Scheduled Class Percentage for the Class A Notes on such Payment Date and (ii) the lesser of (A) the Assumed Portfolio Value in respect of such Payment Date and (B) 105% of the Adjusted Portfolio Value in respect of such Payment Date, (b) the Class B Notes, the Class C Notes and the Class D Notes on any Payment Date, the product of the Scheduled Class Percentage for such class of Notes on such Payment Date and the Assumed Portfolio Value in respect of such Payment Date. 33 27
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Examples of Scheduled Target Principal Balance in a sentence

  • Prin: (v), (ix), (xiii) & (xvii)-- # For the Class A Notes, the Minimum Target Principal Balance will be equal to the Scheduled Target Principal Balance if the Outstanding Principal Balance of the Class A Notes is greater than the Adjusted Portfolio Value.

  • The government and the MOH have assured ADB that implementation of the investment program shall conform to all applicable ADB policies, including those concerning anticorruption measures, safeguards, gender, procurement, consulting services, and disbursement as described in detail in the FAM and loan documents.


More Definitions of Scheduled Target Principal Balance

Scheduled Target Principal Balance means (a) with respect to the Initial Notes on any Payment Date, the amount set forth in Schedule 6 to this Indenture for such Payment Date and (b) with respect to Refinancing Notes, the amount set forth in any indenture supplemental hereto for such Payment Date, in each case as the same may be adjusted from time to time in accordance with Section 3.15.
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Scheduled Target Principal Balance means with respect to (i) the AerCo Group Class A Notes on any Payment Date, the product of (A) the Scheduled Class Percentage for the AerCo Group Class A Notes on such Payment Date and (B) the lesser of (x) the Assumed Portfolio Value in respect of such Payment Date and (y) 105% of the Adjusted Portfolio Value in respect of such Payment Date, (ii) the AerCo Group Class B Notes on any Payment Date, the product of the Scheduled Class Percentage for such AerCo Group Notes on such Payment Date and the Assumed Portfolio Value in respect of such Payment Date and (iii) the AerCo Group Class C Notes and the AerCo Group Class D Notes on any Payment Date, the "Scheduled Target Principal Balance" for such Payment Date set forth in Appendix B to this Indenture, in each case as such amount shall be adjusted from time to time in accordance with Section 3.11 hereof.
Sample 1
Scheduled Target Principal Balance means with respect to (i) the MSAF Group Class A Notes on any Payment Date, the product of (A) of the Scheduled Class Percentage for the MSAF Group Class A Notes on such Payment Date and (B) the lesser of (x) the Assumed Portfolio Value in respect of such Payment Date and (y) 105% of the Adjusted Portfolio Value in respect of such Payment Date, (ii) the MSAF Group Class B Notes on any Payment Date, the product of the Scheduled Class Percentage for the MSAF Group Class B Notes on such Payment Date and the Assumed Portfolio Value in respect of such Payment Date and (iii) the MSAF Group Class C Notes and the MSAF Group Class D
Sample 1

Related to Scheduled Target Principal Balance

  • Scheduled Principal Balance With respect to any Mortgage Loan: (a) as of the Cut-off Date, the outstanding principal balance of such Mortgage Loan as of such date, net of the principal portion of all unpaid Monthly Payments, if any, due on or before such date; (b) as of any Due Date subsequent to the Cut-off Date up to and including the Due Date in the calendar month in which a Liquidation Event occurs with respect to such Mortgage Loan, the Scheduled Principal Balance of such Mortgage Loan as of the Cut-off Date, minus the sum of (i) the principal portion of each Monthly Payment due on or before such Due Date but subsequent to the Cut-off Date, whether or not received, (ii) all Principal Prepayments received before such Due Date but after the Cut-off Date, (iii) the principal portion of all Liquidation Proceeds and Insurance Proceeds received before such Due Date but after the Cut-off Date, net of any portion thereof that represents principal due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) on a Due Date occurring on or before the date on which such proceeds were received and (iv) any Realized Loss incurred with respect thereto as a result of a Deficient Valuation occurring before such Due Date, but only to the extent such Realized Loss represents a reduction in the portion of principal of such Mortgage Loan not yet due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) as of the date of such Deficient Valuation; and (c) as of any Due Date subsequent to the occurrence of a Liquidation Event with respect to such Mortgage Loan, zero. With respect to any REO Property: (a) as of any Due Date subsequent to the date of its acquisition on behalf of the Trust Fund up to and including the Due Date in the calendar month in which a Liquidation Event occurs with respect to such REO Property, an amount (not less than zero) equal to the Scheduled Principal Balance of the related Mortgage Loan as of the Due Date in the calendar month in which such REO Property was acquired, minus the aggregate amount of REO Principal Amortization, if any, in respect of such REO Property for all previously ended calendar months; and (b) as of any Due Date subsequent to the occurrence of a Liquidation Event with respect to such REO Property, zero.

  • Planned Principal Balance means for any Distribution Date, the balance shown for such Distribution Date on Schedule XVII.

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.

  • 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 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.

  • 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.

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Original Principal Balance Any of the Original Principal Balances of the Classes of Class A Certificates as set forth in Section 11.05; 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 or Original Class B-6 Principal Balance as set forth in Section 11.15.

  • 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.

  • Assumed Principal Balance As to each Mortgage Loan as of any date of determination, (i) the principal balance of the Mortgage Loan outstanding as of the Cut-off Date after application of payments due on or before the Cut-off Date, whether or not received, minus (ii) all amounts previously distributed to the Purchaser with respect to the Mortgage Loan pursuant to Subsection 11.15 and representing payments or other recoveries of principal.

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