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).

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.

  • The holders of the Class A-1 Certificates will be entitled to receive on each Distribution Date the interest, if any, received on the Underlying Securities, to the extent necessary to pay interest at 6.30% per annum on the outstanding Class A-1 Certificate Principal Balance of the Class A-1 Certificates.

  • 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 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 for such Class.
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 any amounts actually distributed to the Owners of the Class A-1 Certificates pursuant to Section 7.03(f) hereof on all prior Payment Dates plus any Preference Amount previously distributed to the Owners of the Class A-1 Certificates with respect to principal.
Class A-1 Certificate Principal Balance. As of any time of determination, the Original Class A-1 Certificate Principal Balance less all amounts distributed to Holders of Class A-1 Certificates with respect to principal thereon on all prior Payment Dates. The principal balance of any particular Class A-1 Certificate shall be the product of the Percentage Interest evidenced thereby and the Class A-1 Certificate Principal Balance.
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 to any Distribution Date, the Original Class A-1 Certificate Principal Balance less the Class A-1 Principal Distribution Amounts actually distributed to the holders of the Class A-1 Certificates on previous Distribution Dates.
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 as principal pursuant to Section 7.5(b)(i) hereof with respect to principal thereon on all prior Distribution Dates. The Class A-1 Certificate Principal Balance shall in no event be less than zero.