Bond Balance definition

Bond Balance. With respect to all of the Bonds, the aggregate of the Current Bond Balances of all Bonds Outstanding at the time of determination.

Bond Balance means, as of any date, the aggregate Outstanding Amount of Bonds, on such date.

Bond Balance. With respect to any Bond, as of any date of determination, the then Outstanding Bond Principal Amount of such Bond equal to the product of (a) the Percentage Interest evidenced by such Bond, multiplied by (b) the then aggregate Bond Principal Amount of the Class of Bonds to which such Bond belongs.

Examples of Bond Balance in a sentence

• For purposes of the information required to be included in any such reports pursuant to TIA Sections 313(a)(2), 313(b)(1) (if applicable), or 313(b)(2), the principal amount of indenture securities outstanding on the date as of which such information is provided shall be the Bond Balance of the then Outstanding Bonds covered by the report.

• When the Administrator receives amounts paid by Xxxxxxx Mac or the Sponsor in connection with a Release Event, the Administrator will promptly deposit an amount equal to the related Outstanding Bond Balance plus Hypothetical Gain Share, if applicable, into the Bond Payment Subaccount-Principal and an amount equal to accrued interest thereon into the Bond Payment Subaccount-Interest.

• When the Administrator receives amounts paid by Fxxxxxx Mac or the Sponsor in connection with a Release Event, the Administrator will promptly deposit an amount equal to the related Outstanding Bond Balance plus Hypothetical Gain Share, if applicable, into the Bond Payment Subaccount-Principal and an amount equal to accrued interest thereon into the Bond Payment Subaccount-Interest.

• The Grantor acknowledges that the Bond Balance (if any) will automatically transfer to the registered proprietor of the Covenanting Lot upon any transfer of the Covenanting Lot by the Grantor.

• Not all of the results covered here will be from the simulations done during this research.

More Definitions of Bond Balance

Bond Balance. As defined in the Indenture.

Bond Balance means, as of any date, the aggregate Outstanding Amount of all the Bonds on such date.

Bond Balance. The aggregate outstanding principal balance of all Classes of Bonds on any date of determination.

Bond Balance. With respect to any Class A-1, Class A-2, Class B, Class C, Class D, Class E or Class F Bond, as of any date of determination, the then outstanding principal amount of such Bond equal to the product of (a) the Percentage Interest evidenced by such Bond, multiplied by (b) the then Class Balance of the Class of Bonds to which such Bond belongs.

Bond Balance means, at any time, the aggregate principal amount of any Bonds outstanding.

Bond Balance. With respect to any Calculation Period beginning prior to the Issuance Date, or if the Issuance Date does not occur, USD 2,232,397,000. With respect to any Calculation Period beginning on or after the Issuance Date, the aggregate principal balance of the Floating Rate Certificates issued by SoundView Home Loan Trust 2007-OPT1 immediately prior to the Distribution Date occurring in the calendar month in which such Calculation Period ends. Issuance Date: The date in May 2007 on which USD 2,232,397,000 Floating Rate Certificates are issued by SoundView Home Loan Trust 2007-OPT1. Trade Date: April 27, 2007 Effective Date: May 15, 2007 Termination Date: March 25, 2014, provided, however, for the purposes of determining the Floating Amount to be paid in respect of the final Calculation Period, such date shall be subject to adjustment in accordance with the Business Day Convention.

Bond Balance means, as of any date of determination, the sum of the Bond Class Balances for each Class of Bonds as of such date of determination.