Class A-1 Certificate Principal Balance definition

Class A-1 Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

Class A-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Start-up Day of all Class A-1 Certificates less any amounts actually distributed with respect to the Class A-1 Distribution Amount pursuant to Section 7.03(c)(iii)(D) hereof with respect to principal thereon on all prior Distribution Dates (except, for purposes of effecting the Certificate Insurer's subrogation rights, that portion of Insured Payments made in respect of principal).

Class A-1 Certificate Principal Balance. As of any time of determination, the Original Certificate Principal Balance of the Class A-1 Certificates less any amounts actually distributed with respect to principal thereon on all prior Distribution Dates.

Examples of Class A-1 Certificate Principal Balance in a sentence

• The Percentage Interest of each Class A-1 Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class A-1 Certificate on the Startup Day by the aggregate Class A-1 Certificate Principal Balance on the Startup Day.

• Distributions will be made in immediately available funds to Owners of Certificates having an aggregate original Class A-1 Certificate Principal Balance of at least $1,000,000 (by wire transfer or otherwise) to the account of an Owner at a domestic bank or other entity having appropriate facilities therefor, if such Owner has so notified the Trustee, or by check mailed to the address of the person entitled thereto as it appears on the Register.

• The Owner hereof is entitled to principal payments on each Payment Date, as hereinafter described, which will fully amortize such original Class A-1 Certificate Principal Balance over the period from the date of initial issuance of the Certificates to the final Payment Date for the Class A-1 Certificates.

• Scheduled Class A-1 Certificate Principal Balance $62,632,171.52 ii.

• This Class A-1 Certificate represents a Percentage Interest, as set forth on the face of this Certificate, equal to the Initial Certificate Principal Balance of this Certificate divided by the Initial Class A-1 Certificate Principal Balance, both as set forth above.

More Definitions of Class A-1 Certificate Principal Balance

Class A-1 Certificate Principal Balance. As to any Distribution Date, the Initial Certificate Principal Balance for the Class A-1 Certificates less the portions of the Senior Principal Distribution Amounts allocated and actually distributed to the holders of the Class A-1 Certificates on previous Distribution Dates.

Class A-1 Certificate Principal Balance. As of any date of determination, the Certificate Principal Balance of the Class A-1 Certificates.

Class A-1 Certificate Principal Balance. As to any Distribution Date, the Certificate Principal Balance for the Class A-1 Certificates.

Class A-1 Certificate Principal Balance. The Class Certificate Balance for the Class A-1 Certificates.

Class A-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A-1 Certificates less the aggregate of all amounts actually distributed with respect to the Class A-1 Distribution Amount pursuant to Section 7.03(b)(iv) hereof with respect to principal thereon on all prior Payment Dates; provided, however, that solely for the purposes of determining the Certificate Insurer's rights, as subrogee, the Class A-1 Certificate Principal Balance shall not be reduced by any principal amounts paid to the Owners thereof from Group I Insured Payments.

Class A-1 Certificate Principal Balance. As to any Distribution Date, the Certificate Principal Balance for the Class A-1 Certificates. Class A-1 Pass-Through Rate: 3.36% per annum.

Class A-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A-l Certificates less the aggregate of all amounts actually distributed with respect to the Class A-l Distribution Amount pursuant to Section 7.03(b)(iii)(B) hereof with respect to principal thereon on all prior Payment Dates; PROVIDED, HOWEVER, that solely for the purposes of determining the Certificate Insurer's rights, as subrogee, the Class A-l Certificate Principal Balance shall not be reduced by any principal amounts paid to the Owners thereof from Insured Payments.