Class A-2 Note Balance definition

Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

Class A-2 Note Balance means, as of any date, the Initial Class A-2 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-2 Notes.

Class A-2 Note Balance means initially, the Initial Class A-2 Note Balance and, thereafter, the Initial Class A-2 Note Balance, reduced by all amounts previously distributed to Class A-2 Noteholders and allocable to principal.

Examples of Class A-2 Note Balance in a sentence

• One-twelfth of the Class A-2 Interest Rate times the Class A-2 Note Balance from and including the fifteenth day of the month based on a 360-day year of 12 months and 30 days each (or from and including the Closing Date with respect to the first Distribution Date) to but excluding the fifteenth day of the month of the current Distribution Date.

• One-twelfth of the Class A-2 Interest Rate time the Class A-2 Note Balance from and including the fifteenth day of the month based on a 360-day year of 12 months and 30 days each (or from and including the Closing Date with respect to the first Distribution Date) to but excluding the fifteenth day of the month of the current Distribution Date.

• The remaining Class A-2 Note Balance after giving effect to the Distribution of Monthly Principal on such Distribution Date $ 249,200,000.00 F3.

• The remaining Class A-2 Note Balance after giving effect to the Distribution of Monthly Principal on such Distribution Date $ 251,180,000.00 F3.

• The remaining Class A-2 Note Balance after giving effect to the Distribution of Monthly Principal on such Distribution Date $ 214,750,000.00 F3.

More Definitions of Class A-2 Note Balance

Class A-2 Note Balance means, with respect to any Distribution Date, the Outstanding Amount of the Class A-2 Notes.

Class A-2 Note Balance means, as of any date, the Class A-2a Note Balance or the Class A-2b Note Balance, as applicable.

Class A-2 Note Balance means, at any time, $340,000,000, reduced by all payments of principal made prior to such time on the Class A-2 notes.

Class A-2 Note Balance means, as of any date of determination, the Initial Class A-2 Note Balance minus all payments of Monthly Principal actually distributed to Class A-2 Noteholders as of such date of determination.

Class A-2 Note Balance on the Closing Date will equal the Original Class A-2 Note Balance and on any date thereafter will equal the Original Class A-2 Note Balance reduced by all distributions of principal previously made in respect of the Class A-2 Notes.

Class A-2 Note Balance means, as of the Closing Date, $41,000,000 and thereafter shall equal the Class A-2 Note Balance as of the Closing Date reduced by all principal payments on all of the Class A-2 Notes.

Class A-2 Note Balance shall initially equal the Initial Class A-2 Note Balance and, on any date, shall equal the Initial Class A-2 Note Balance, reduced by the sum of (i) all amounts distributed to Class A-2 Noteholders and allocable to principal on or prior to such date and (ii) the amount, if any, by which (a) the aggregate of all Class A-2 Note Principal Loss Amounts on or prior to such date exceeds (b) the aggregate of all Class A-2 Note Principal Loss Amounts reimbursed on or prior to such date.