Examples of Certificate Principal Balance in a sentence
This requirement of notice will be deemed satisfied if the Issuer or the Trustee publishes the fact that the remaining Certificate Principal Balance is zero in the manner that it customarily uses for publishing the fraction of the original Certificate Principal Balance that remains outstanding.
With the consent of the Holders of Certificates having Certificate Principal Balances aggregating not less than 51% of the aggregate Certificate Principal Balance of the related Trust, the Issuer and the Trustee may enter into any Amendment for any purpose or waive any provision of the Trust Documents, other than any change to which Subsection 14.4(2) applies.
The total amount of interest distributed on or added to the Certificate Principal Balance of any Trust Fund Certificate on any Distribution Date shall be equal to one month’s interest at the applicable Certificate Interest Rate on the Certificate Principal Balance (or, in the case of an Interest Only Certificate, on the Notional Principal Balance) of such Certificate immediately prior to such Distribution Date.
Any reduction to the Certificate Principal Balance of a certificate is an Applied Realized Loss Amount.
All references above to the Certificate Principal Balance of any Class of Certificates shall be to the Certificate Principal Balance of such Class immediately prior to the relevant Distribution Date, before reduction thereof by any Realized Losses, in each case to be allocated to such Class of Certificates, on such Distribution Date.