Examples of Lower-Tier Principal Amount in a sentence
On each Distribution Date, 50% of the increase in the Overcollateralized Amount will be payable as a reduction of the Middle-Tier Principal Amount of the MT-Accretion Directed Classes (each such Class will be reduced by an amount equal to 50% of any increase in the Overcollateralized Amount that is attributable to a reduction in the Class Certificate Balance of its Corresponding Class) and will be accrued and added to the Lower-Tier Principal Amount of the Class MT-Accrual Interest.
As of any date, the principal balance of each Uncertificated Lower-Tier Interest will equal its Lower-Tier Principal Amount.
Using the total capital invested, along with the operating and capital cost estimates for the reminder of mineral reserves, the pre-tax IRR has been estimated to be 9.5%.