Targeted Balance definition

Targeted Balance. With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

Targeted Balance. Not applicable.

Targeted Balance. With respect to the Targeted Principal Classes and any Distribution Date appearing in the Principal Balance Schedules, the applicable amount appearing opposite such Distribution Date for such Targeted Principal Classes.

Examples of Targeted Balance in a sentence

• To the PAC Classes, until reduced to their Aggregate Targeted Balance, allocated as follows:a.

• TB = Excess, if any, of the aggregate outstanding Principal Amount of each series of Series 2003-2 Notes immediately prior to the Monthly Calculation Date less the aggregate Targeted Balance of each series of Series 2003-2 Notes listed on Schedule I hereto for the next Quarterly Distribution Date or, if such Monthly Calculation Date is also a Quarterly Distribution Date, the Targeted Balance for that Quarterly Distribution Date.

• To the Type I PAC Classes, until reduced to their Aggregate Targeted Balance, allocated as follows:a.

• Beginning in October 2002, to the PAC Classes, until reduced to their Aggregate Targeted Balance, allocated as follows:a.

• Second, to redeem each series of Series 2005-1 LIBOR Rate Notes up to the amount needed to reduce their outstanding Principal Amount to their Targeted Balance listed on Schedule I hereto for that Quarterly Distribution Date.

More Definitions of Targeted Balance

Targeted Balance. With respect to the Class V-A-1 and Class V-A-3 Certificates and any Distribution Date appearing on Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class. With respect to the Class V-A-1 Certificates and any Distribution Date appearing on Schedule VI hereto, the applicable amount appearing opposite such Distribution Date for such Class.

Targeted Balance. With respect to any Targeted Principal Class and any Distribution Date, the amount set forth for such Class for such Distribution Date in Schedule V hereof.

Targeted Balance. With respect to the Class of TAC Certificates and any Distribution Date, the balance for such Distribution Date as reflected in the Principal Balance Schedules annexed hereto as Exhibit R.

Targeted Balance means, for each series of Series 2003-2 Notes, each series of Series 2005-1 LIBOR Rate Notes, each series of Series 2006-1 LIBOR Rate Notes and the Series 2007-2A-1 Senior Notes, and each Quarterly Distribution Date, the amount listed on Schedule I hereto as the Targeted Balance for each such series on such Quarterly Distribution Date.

Targeted Balance. With respect to the Class 2-A-1, Class 2-A-3 and Class 2-A-5 Certificates and any Distribution Date appearing on Schedule VII hereto, the applicable amount appearing opposite such Distribution Date for the aggregate of such Classes. With respect to the Class 2-A-1 and Class 2-A-3 Certificates and any Distribution Date appearing on Schedule VIII hereto, the applicable amount appearing opposite such Distribution Date for the aggregate of such Classes. With respect to the Class 2-A-4 Certificates and any Distribution Date appearing on Schedule IX hereto, the applicable amount appearing opposite such Distribution Date for such Class. With respect to the Class 4-A-3 Certificates and any Distribution Date appearing on Schedule XI hereto, the applicable amount appearing opposite such Distribution Date for such Class.

Targeted Balance. With respect to any Targeted Principal Class or Component and any Distribution Date appearing in Schedule IV hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

Targeted Balance. With respect to the Class 3-A-1 Certificates and any Distribution Date appearing on Schedule IV hereto, the applicable amount appearing opposite such Distribution Date for the aggregate of such Classes.