Examples of Class A Initial Note Principal Balance in a sentence
The Series 2003-A Notes may be reassigned and transferred to the Transferor on any Distribution Date on or after which the Class A Note Principal Balance is reduced to an amount less than or equal to 10% of the Class A Initial Note Principal Balance.
Required Reserve Account Amount (after the Reserve Account Funding Date, 0.5% times the Class A Initial Note Principal Balance) $ 0.00 59.
Class A Note Principal Balance: As of any day, an amount equal to (a) the Class A Initial Note Principal Balance, minus (b) all amounts in respect of principal distributed to the Class A Noteholders in reduction of the Class A Note Principal Balance from time to time prior to such date.
The Series 2002-A Notes may be reassigned and transferred to the Transferor on any Distribution Date on or after which the Class A Note Principal Balance is reduced to an amount less than or equal to 5% of the Class A Initial Note Principal Balance.