Class A-1 Principal Balance definition

Class A-1 Principal Balance as of any date means the Class A‑1 Initial Principal Balance less all amounts paid to the holders of Class A‑1 Notes in respect of principal pursuant to Section 5.06 hereof.

Class A-1 Principal Balance means, as to any Remittance Date, the Original Class A-1 Principal Balance less all amounts previously distributed to Holders of Class A-1 Certificates on account of principal.

Class A-1 Principal Balance. At any time, the Original Class A-1 Principal Balance minus the sum of all amounts previously distributed on the Class A-1 Certificates since the Closing Date pursuant to clauses A(ii) and B(ii) of Section 6.01(a).

Examples of Class A-1 Principal Balance in a sentence

• Class A-1 Principal Balance Outstanding Securitization Bond $ 0 ii.

• Name: ------------------------------ Title: ----------------------------- STRIP MERGER CORP.

• ASC 605-25 permits management to estimate the selling price of undelivered components of a bundled sale for which it is unable to establish vendor- specific objective evidence (“VSOE”) or third-party evidence (“TPE”).

• The Policy will cover any amounts by which such remaining net proceeds are insufficient to pay the Class A-1 Principal Balance, together with all accrued and unpaid interest thereon.

• CLASS B-1 PRINCIPAL: The Class B-1 Noteholders will not receive principal payments until (i) the Class B Cross-over Date and (ii) such time as either (a) each Class B Principal Distribution Test is satisfied or (b) the Class A-1 Principal Balance, the Class A-2 Principal Balance and the Class M Principal Balances have each been reduced to zero.

More Definitions of Class A-1 Principal Balance

Class A-1 Principal Balance. The original Class A-1 Principal Balance of $40,096,000 reduced by the sum of all amounts previously distributed to the Owners of the Class A-1 Group I Certificates in respect of principal on all previous Payment Dates, but shall not be reduced below zero.

Class A-1 Principal Balance means, as to any Payment Date, the Original Class A-1 Principal Balance less all amounts previously distributed to Holders of Class A-1 Certificates in respect of principal.

Class A-1 Principal Balance means, as to any Distribution Date, the --------------------------- Original Class A-1 Principal Balance less all amounts distributed to Holders of Class A-1 Notes on any prior Distribution Date on account of principal.

Class A-1 Principal Balance means $412,000,000.

Class A-1 Principal Balance. As of any date of determination, the Original Class A-1 Principal Balance, reduced by the sum of all amounts (including, except for purposes of effecting the Certificate Insurer's subrogation rights, that portion of Insured Payments, if any, made in respect of principal) previously distributed to Class A-1 Certificateholders in respect of principal.

Class A-1 Principal Balance means, with respect to any date, an amount equal to the excess of (a) the sum of (i) the Class A-1 Initial Principal Balance, plus (ii) the aggregate principal amounts of any Additional Class A-1 Principal Amounts advanced pursuant to Section 12.6(a) of the Indenture, over (b) the aggregate amount of any principal payments made to Class A-1 Owners pursuant to the Sale and Servicing Agreement and the Indenture through and including such date.

Class A-1 Principal Balance. As of any Determination Date and the Class A-1 Certificates, the Original Class A-1 Certificate Balance reduced by the sum of all distributions of principal previously distributed to the Class A-1 Certificateholders on all previous Distribution Dates.