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.
Each Class of Class A Certificates shall be initially evidenced by one or more certificates representing a fraction of the Original Class A-1 Certificate Principal Balance or Notional Principal Balance, as applicable, and shall be held in minimum dollar denominations of $25,000 and $1,000 dollar multiples in excess thereof, except that one of each of the Class A Certificate may be in a different denomination.
Therefore, the actual Outstanding principal amount of this Certificate may, on any date subsequent to September 27, 1999 (the first Distribution Date) be less than the Original Class A-1 Certificate Principal Balance set forth above.