Class A-2 Principal Payment Amount means, for any Payment Date, the Principal Payment Amount, if any, due and payable to the Class A-2 Noteholders with respect to such Payment Date in accordance with the priorities set forth in Section 5.6(c)(iv) of the Sale and Servicing Agreement.
Class A-2 Principal Payment Amount. On any Payment Date, the excess, if any, of (x) the Class A-2 Maximum Principal Payment over (y) the Pool II Overcollateralization Reduction Amount.
Class A-2 Principal Payment Amount. With respect to the Class A-2 Notes for any Payment Date, the lesser of (x) the Principal Payment Amount for Pool II for such Payment Date, and (y) the Class A-2 Note Principal Balance as of such Payment Date.
More Definitions of Class A-2 Principal Payment Amount
Class A-2 Principal Payment Amount. (a) With respect to any Payment Date other than the Class A-2 Final Scheduled Payment Date: the lesser of (i) the Class A-2 Note Balance immediately prior to such Payment Date and (ii) the difference between (A) the sum of the Principal Payment Amount and the Class A-2 Mandatory Redemption Amount and (B) the Class A-1 Principal Payment Amount; and (b) with respect to the Class A-2 Final Scheduled Payment Date, the then outstanding Class A-2 Note Balance. Class B Final Scheduled Payment Date: September 17, 2002.
Class A-2 Principal Payment Amount. With respect to any Payment Date, an amount equal to the lesser of (a) the Class Principal Amount of the Class A-2 Notes immediately prior to such Payment Date and (b) the excess, if any, of (i) the Group 2 Principal Proceeds over (ii) the Group 2 Overcollateralization Release Amount for such Payment Date.
Class A-2 Principal Payment Amount means, with respect to any Distribution Date and the Class A-2 Notes, the sum of (i) the difference between (A) the Principal Amount of the Class A-2 Notes immediately prior to such Distribution Date, and (B) the product of (x) the Applicable Class Percentage for such Notes and (y) the ADCB for all Contracts held by the Trust as of the last day of the Collection Period immediately preceding such Distribution Date (the amount described in clause (i) being, the "Expected Class A-2 Payment"), plus described in clause (i) being, the "Expected Class A-2 Payment") and (ii) the aggregate amount of Expected Class A-2 Payments which were not paid on each preceding Distribution Date.
Class A-2 Principal Payment Amount means, with respect to any Distribution Date and the Class A-2 Notes, (a) $0 until the Principal Amount of the Class A-1 Notes has been paid in full, and (b) thereafter, the lesser of (i) the Principal Amount of the Class A-2 Notes and (ii)(A) prior to the occurrence of any Event of Default, the difference between (1) the sum of the Principal Amounts of the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes immediately prior to such Distribution Date, and (2) the Class A Target Principal Amount and (B) following the occurrence of an Event of Default, all remaining Available Amounts after payment has been made in accordance with Section 7.05(b)(i)-(ix).
Class A-2 Principal Payment Amount. On any Payment Date, the excess of (x) the Class A-2 Maximum Principal Payment over (y) the Pool II Overcollateralization Reduction Amount; provided, however, that for the Payment Date which occurs in January 2000, the Class A-2 Principal Payment Amount shall equal the excess of (x) the sum of (i) the Class A-2 Maximum Principal Payment and (ii) the difference between the Original Class A-2 Pre-Funded Amount and the aggregate Cut-Off Date Principal Balance of all Subsequent Mortgage Loans transferred to Pool II as of such Payment Date over (y) the Pool II Overcollateralization Reduction Amount.
Class A-2 Principal Payment Amount means, with respect to any Distribution Date and the Class A-2 Notes, (a) $0 until the Principal Amount of the Class A-1 Notes has been paid in full, and (b) thereafter, the lesser of (i) the Principal Amount of the Class A-2 Notes and (ii)(A) prior to the occurrence of any Event of Default, or prior to the occurrence and during the continuance of a Restricting Event, the difference between (1) the Principal Amount of all Class A Notes immediately prior to such Distribution Date, and (2) the product of (x) the Class A Percentage and (y) the ADCB for all Contracts held by the Trust as of the last day of the Collection Period immediately preceding such Distribution Date and (B) following the occurrence of an Event of Default, or following the occurrence and during the continuance of a Restricting Event, all remaining Available Amounts after payment has been made in accordance with Section 7.05(b)(i)-(viii).
Class A-2 Principal Payment Amount. With respect to any Payment Date that occurs before the date on which the Class A-1 Notes are paid in full, an amount equal to zero, and with respect to any other Payment Date (other than the Final Scheduled Payment Date or any Payment Date following the occurrence and continuance of a Payout Trigger) that occurs on or after the date on which the Class A-1 Notes have been paid in full, the Quarterly Principal Payment Amount for such Payment Date; provided, however, the Class A-2 Principal Payment Amount shall not exceed the Class A-2 Note Balance prior to the distribution on such Payment Date. The "Class A-2 Principal Payment Amount" on the Final Scheduled Payment Date and following the occurrence and continuance of a Payout Trigger will equal the Class A-2 Note Balance prior to the distribution on such Payment Date.