Targeted Principal Balance definition

Targeted Principal Balance. With respect to any Distribution Date and (i) the Class A-6 Certificates, the amount set forth in Schedule II of the table entitled "Aggregate Planned Principal Balances and Targeted Principal Balances" in Exhibit Five opposite such date and (ii), the Class A-7 Certificates, the amount set forth in Schedule III of the table entitled "Aggregate Planned Principal Balances and Targeted Principal Balances" in Exhibit Five opposite such date .

Targeted Principal Balance. With respect to each Distribution Date, the targeted principal balance set forth for that Distribution Date for the Class A-5 Certificates in Exhibit Six hereto.

Targeted Principal Balance. For any Distribution Date, the amount set forth in the table attached hereto as Exhibit P for such Distribution Date, for the Component Principal Balance of Component IA-12-5 of the Class IA-12 Certificates.

Examples of Targeted Principal Balance in a sentence

• In connection with any Optional Redemption in part, the Scheduled Targeted Principal Balance for the remaining Equipment Notes of such Series or Class shall be reduced on the Redemption Date and each subsequent Payment Date by the product of (i) the Redemption Fraction and (ii) the Scheduled Targeted Principal Balance that existed for the Redemption Date or such subsequent Payment Date, as the case may be, immediately prior to such Optional Redemption.

• On each Payment Date is equal to the excess, if any, of (x) the then Aggregate Class B Note Principal Balance over (y) the Class B Minimum Targeted Principal Balance for such Payment Date.

• On each Payment Date is equal to the excess, if any, of (x) the then Aggregate Class A Note Principal Balance (after giving effect to the portion of the Class A Minimum Principal Payment Amount for the Class A Notes actually paid on such Payment Date), over (y) the Class A Scheduled Targeted Principal Balance for such Payment Date.

• On each Payment Date is equal to the excess, if any, of (x) the then Aggregate Class B Note Principal Balance (after giving effect to the portion of the Class B Minimum Principal Payment Amount for the Class B Notes actually paid on such Payment Date), over (y) the Class B Scheduled Targeted Principal Balance for such Payment Date.

• Scoring, done by 5 different evaluators, is a quantitative variable used in the analysis.

More Definitions of Targeted Principal Balance

Targeted Principal Balance. With respect to the Class 1-A-2 and Class 1-A-4 Certificates, the aggregate amount set forth in the table attached as Appendix D to the Prospectus, for the applicable Distribution Date, under the heading “Class 1-A-2 and Class 1-A-4 Aggregate Targeted Principal Balance.”

Targeted Principal Balance. With respect to the TAC Certificates and each Distribution Date, the amount set forth for such Class on such Distribution Date on Exhibit Five hereto.

Targeted Principal Balance. For any Distribution Date, the amount set forth in the table attached hereto as Exhibit P for such Distribution Date, for the Class A-4, Class A-6 and Class A-7 Certificates, Component A-5-2 of the Class A-5 Certificates and Component A-11-2 of the Class A-11 Certificates.

Targeted Principal Balance. With respect to the Class 2-A8 Certificates, the aggregate amount specified for such Class for such Distribution Date on Exhibit V hereto.

Targeted Principal Balance. With respect to each Accretion Directed TAC Certificate and each Distribution Date, the amount set forth for such Class on such Distribution Date on Exhibit Seven hereto. Trust Fund: REMIC I, REMIC II, the Rounding Account, the Reserve Fund and the Initial Monthly Payment Fund.

Targeted Principal Balance. For any Distribution Date, the amount set forth in the table attached hereto as Exhibit N for such Distribution Date, for the Class IA-1 Certificates.

Targeted Principal Balance means (i) with respect to any Existing Term Loan, the Existing Term Loan TPB for such Existing Term Loan and (ii) with respect to any Additional Incremental Term Loan, the Additional Incremental Term Loan TPB for such Additional Incremental Term Loan.