Additional Note Payment definition
Additional Note Payment means a payment made by the Issuer to the Noteholder of the Series 20[ ]-[ ] Notes, using the proceeds of an Optional Payment or a Margin Call Payment under the PC Repurchase Agreement, to reduce the unpaid principal balance of the Series 20[ ]-[ ] Notes.]
Additional Note Payment means a payment made by the owner of the Owner Trust Certificate to the Noteholder of the Series 2016-MSRVF1 Notes during the Revolving Period to reduce the unpaid principal balance of the Series 2016-MSRVF1 Notes.
Additional Note Payment. For each Series of Notes, as specified in the related Indenture Supplement, if specified therein.
Examples of Additional Note Payment in a sentence
Additional Note Payments made to the Noteholder of the Series 2020-SPIADVF1 Notes on a Business Day other than an Interim Payment Date or Payment Date shall be reported to the Indenture Trustee in the next Determination Date Report following such Additional Note Payment and by the Indenture Trustee in the next succeeding Interim Payment Date Report or Payment Date Report, as applicable.
More Definitions of Additional Note Payment
Additional Note Payment means a payment made by the Issuer to the Noteholder of the Series 2024-MSRVF1 Notes, using proceeds of an Optional Payment or a Margin Call Payment under the PC Repurchase Agreement to reduce the unpaid principal balance of the Series 2024-MSRVF1 Notes.
Additional Note Payment means a payment made by the owner of the Owner Trust Certificate to the Noteholders of the Series 2020-SPIADVF1 Notes during the Revolving Period to reduce the unpaid principal balance of the Series 2020-SPIADVF1 Notes.
Additional Note Payment means a payment made by the owner of the Owner Trust Certificate to the Noteholder of the Series 2024-MSRVF1 Notes during the Revolving Period to reduce the unpaid principal balance of the Series 2024-MSRVF1 Notes.