Adjusted Principal Balance. As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.
Adjusted Principal Balance means, for any Eligible Collateral Loan, as of any date of determination, an amount equal to the Loan Value of such Eligible Collateral Loan as of such date multiplied by the Principal Balance of such Eligible Collateral Loan as of such date; provided that, the parties hereby agree that the Adjusted Principal Balance of any Ineligible Collateral Loan as of such date of determination shall be zero.
Adjusted Principal Balance means, with respect to any Receivable as of any date of determination, the Principal Balance of such Receivable minus the Yield Supplement Overcollateralization Amount for such Receivable, as of such date.
Examples of Adjusted Principal Balance in a sentence
Adjusted Principal Balance of Subsequent Receivables Sold This Period 0.00 3.
For purposes of calculating the Adjusted Principal Balance of each Collateral Loan, the Collateral Agent shall begin including each Collateral Loan in the report as of its trade date.
Interest on Class M-1 Adjusted Principal Balance 0.00 ------------- (30) Amount applied to Class M-1 Interest Deficiency Amount 0.00 ------------- (31) Remaining unpaid Class M-1 Interest Deficiency Amount 0.00 ------------- (32) Amount applied to: a.
Adjusted Principal Balance of Initial Receivables $1,313,085,622.80 O.
If there shall be any Event of Default (as defined below), this Note shall accelerate and the Adjusted Principal Balance, (x) in the case of clauses (d), (f), (g), (h), (k) and (m), shall become immediately due and payable, and (y) in all other cases, upon written notice from Holder shall become immediately due and payable.
More Definitions of Adjusted Principal Balance
Adjusted Principal Balance means the entire outstanding principal balance under this Note at the time in question plus accrued interest and fees.
Adjusted Principal Balance means, as of any date of determination, (i) if the interest rate per annum set forth on the Receivable is at least equal to the Minimum Required APR, the Principal Balance of such Receivable and (ii) if the interest rate per annum set forth on the Receivable is less than the Minimum Required APR, the present value of all remaining Scheduled Payments on such Receivable discounted on a monthly basis at the Minimum Required APR.
Adjusted Principal Balance. With respect to any Portfolio Asset on any date of determination, the product of (i) the Principal Balance of such Portfolio Asset as of such date of determination and (ii) the Purchase Price of such Portfolio Asset.
Adjusted Principal Balance means, for any Eligible Collateral Loan, as of any date of determination, an amount equal to the Adjusted Collateral Value of such Eligible Collateral Loan as of such date multiplied by the Principal Balance of such Eligible Collateral Loan as of such date; provided that the Adjusted Principal Balance of each Ineligible Collateral Loan shall be zero.
Adjusted Principal Balance. With respect to the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class B Notes, the Class A-1 Adjusted Principal Balance, Class A-2 Adjusted Principal Balance, Class A-3 Adjusted Principal Balance and Class B Adjusted Principal Balance, respectively.
Adjusted Principal Balance means, with respect to any Pledged Loan as of any date of determination, the outstanding principal amount of such Pledged Loan as of such date; provided, however, that the Adjusted Principal Balance of any Pledged Loan that defers or capitalizes interest shall exclude such deferred or capitalized interest, and the Adjusted Principal Balance shall exclude any protective advances made in respect of such Pledged Loan.
Adjusted Principal Balance. On any Payment Date and for any Class of Notes, the Outstanding Principal Balance of such Class before giving effect to any payments of principal on such Payment Date (or, in the case of the initial Payment Date, the Initial Principal Balance as of the Series Closing Date), minus the Adjustment Amount for such Class on the current Payment Date. In no event will the Adjusted Principal Balance of any Class exceed the Outstanding Principal Balance of such Class or be a number less than zero. On the Series Closing Date, the Adjusted Principal Amount of any Class will be equal to the Outstanding Principal Balance of such Class on the Series Closing Date.