Accelerated Principal Amount definition

Accelerated Principal Amount for a Distribution Date will equal the lesser of
Accelerated Principal Amount for a Distribution Date will equal the lesser of (x) the excess, if any, of the amount of Available Funds on such Distribution Date over the amounts payable on such Distribution Date pursuant to clauses (i) through (xix) of Section 5.7(a); and
Accelerated Principal Amount means, for a Payment Date, the lesser of (i) the excess, if any, of (A) Total Available Funds for such Payment Date, minus (B) the aggregate amount payable pursuant to clauses (i) through (xv) of Section 8.3(a) of the Indenture on such Payment Date, and (ii) the excess, if any, of (A) the Pro Forma Note Balance for such Payment Date, minus (B) the Required Pro Forma Note Balance for such Payment Date.

Examples of Accelerated Principal Amount in a sentence

  • Principal of the Notes will be payable on each Distribution Date in an amount equal to the Noteholders' Principal Distributable Amount and the Noteholders' Accelerated Principal Amount, if any, for the calendar month (the "Monthly Period") preceding such Distribution Date.

  • Determine whether management secures access to its computer networks through multiple layers of access controls.

  • Among them are the Electron Localization Function of Becke and Edgecombe2 and the Maximum Probability Domains (MPDs).3 These three methods are used below to analyze results of quantum mechan- ical calculations (at Hartree Fock level) for crystals in rock-salt structure (MX, M: Li, Na, or K; X: F, Cl, Br, or I).

  • Noteholders' Accelerated Principal Amount (2,876,497) ------------ E.

  • Noteholders' Accelerated Principal Amount (504,168) ----------- E.


More Definitions of Accelerated Principal Amount

Accelerated Principal Amount means, for any Payment Date after giving effect to all payments of interest and principal (other than any Accelerated Principal Amount) to the Noteholders, an amount equal to the lesser of (1) the Available Excess Funds or (2) the amount necessary to reduce the then aggregate Note Balances below the Pool Balance as of the end of the related Collection Period until the aggregate Pool Balance exceeds the aggregate Note Balances by 2.5% of the initial Note Balances or $ .
Accelerated Principal Amount for a Distribution Date will equal the lesser of (x) the excess, if any, of the amount of the total Available Funds on such Distribution Date over the amounts payable on such Distribution Date pursuant to clauses (i) through (vi) of Section 5.7(b) hereof; and (y) the excess, if any, on such Distribution Date of (i) the Pro Forma Note Balance for such Distribution Date over (ii) the Required Pro Forma Note Balance for such Distribution Date.
Accelerated Principal Amount means the aggregate amount of Principal Payments that would be due and payable by the Issuer on the date of acceleration if the Issuer elected to prepay this Note in full on such date of acceleration. If the date of acceleration is a Payment Date, the corresponding Accelerated Principal Amount shall be equal to the Prepayment Amount corresponding to such Payment Date as set forth in Section 2(b). If, however, the date of acceleration is not a Payment Date, the corresponding Accelerated Principal Amount shall be equal to the sum of (x) the present value as of such date of acceleration of the Prepayment Amount corresponding to the Payment Date immediately following such date of acceleration (calculated assuming a discount rate of 9% per annum), and (y) unpaid Principal Payment(s), if any, that were due and payable prior to such date of acceleration. For example, if the date of acceleration were to be 90 days before the Payment Date of June 30, 2015, the Accelerated Principal Amount payable on such date of acceleration would be $2,410,503,616, calculated by discounting the $2,463,000,000 Prepayment Amount due on June 30, 2015 by 90 days assuming a discount rate of 9% per annum, plus any amounts payable under (y) above (computed on the basis of a 360-day year of twelve 30-day months).
Accelerated Principal Amount shall have the meaning set forth in Section 2.8.3 of this Agreement.
Accelerated Principal Amount for any Distribution Date during the Revolving Period will be zero, and for any Distribution Date after the Revolving Period will equal the lesser of
Accelerated Principal Amount. With respect to any Remittance Date, an amount (not less than zero) equal to the lesser of (x) the excess, if any, of (i) the Targeted Overcollateralization Amount over (ii) the actual Overcollateralization Amount of such Remittance Date and (y) the Available Distribution Amount remaining after the distributions in Section 6.01(a)A.(i) through (xii) or Section 6.01(a)B.(i) through (xii), as applicable. ACQUIRED CONTRACTS: 19,077 Contracts having an aggregate principal balance as of the Cut-off Date of approximately $799,999,597.79, which Vanderbilt purchased or acquired from the sellers listed on Exhibit J, all of which Contracts were originated by the Originators listed in Exhibit J hereto.
Accelerated Principal Amount means, with respect to any Payment Date, the outstanding Principal Balance of Notes on such Payment Date, after giving effect to the payment of all prior principal payments.