Examples of Class A Certificate Principal Balance in a sentence
Therefore, the actual Outstanding principal amount of this Certificate may, on any date subsequent to December 28, 1998 (the first Payment Date) be less than the Original Class A Certificate Principal Balance set forth above.
Upon written request by three or more Owners of the Class A Certificates who in aggregate hold Certificates that evidence not less than 25% of the aggregate Class A Certificate Principal Balance and such request is accompanied by a copy of the communication that such Owners propose to transmit, the Trustee or the Certificate Registrar will provide such Owners with a list of the names and addresses of all Owners of record as of the most recent Record Date.
Therefore, the actual Outstanding principal amount of this Certificate may, on any date subsequent to July 27, 1998 (the first Payment Date) be less than the Original Class A Certificate Principal Balance set forth above.
The Class A Certificates shall be initially evidenced by one or more certificates representing the entire Original Class A Certificate Principal Balance and shall be held in minimum dollar denominations of $1,000 and multiples of one dollar in excess thereof, except that one Class A Certificate may be in a denomination of less than $1,000 so that the sum of the denominations of all outstanding Class A Certificates shall equal the Original Class A Certificate Principal Balance.
If any such amounts are still retained in the Collection Account upon the commencement of the Rapid Amortization Period, such amounts will be paid to the Class A Certificateholders as a reduction of the Class A Certificate Principal Balance.