Class A Monthly Principal definition

Class A Monthly Principal means the monthly principal distributable in respect of the Class A Certificates as calculated in accordance with subsection 4.07(a).

Class A Monthly Principal shall have the meaning specified in Section 4.03(a).

Class A Monthly Principal means, with respect to any Distribution Date, the Class A Percentage of Available Principal for such Distribution Date plus the Class A Percentage of Realized Losses with respect to the related Collection Period.

Examples of Class A Monthly Principal in a sentence

• Class A Monthly Principal deposited to the Collection Account for distribution to Class A Certificateholders $0.00 2.

• During the Rapid Amortization Period, in addition to Class A Monthly Interest, Class A Monthly Principal will be distributed to the Class A Certificateholders on each Distribution Date commencing in the month following the commencement of the Rapid Amortization Period until the Class A Certificates have been paid in full.

• Fixed Allocation Percentage of Principal Receivable Collections + Shared - Reallocted Collections Applied - Class A Monthly Principal Applications $ 0.00 (Y).a.

• The amount of the current monthly distribution in respect of Class A Monthly Principal.

• Fixed Allocation Percentage of Principal Receivable Collections + Shared - Reallocated Collections Applied - Class A Monthly Principal Applications $ 0.00 (Y).a.

More Definitions of Class A Monthly Principal

Class A Monthly Principal means the sum of Class A-1 Monthly Principal, Class A-2 Monthly Principal, Class A-3 Monthly Principal and Class A-4 Monthly Principal.

Class A Monthly Principal is defined in subsection 5.3(a).

Class A Monthly Principal means the monthly

Class A Monthly Principal shall have the meaning specified in ------------------------- Section 4.05 of the Agreement.

Class A Monthly Principal means for any Payment Date the sum of the Class A-1 Monthly Principal, the Class A-2 Monthly Principal, the Class A-3 Monthly Principal and the Class A-4 Monthly Principal due or payable on that Payment Date.

Class A Monthly Principal means, with respect to any Distribution Date, the Class A Percentage of Principal Collections for such Distribution Date plus the Class A Percentage of Realized Losses with respect to Receivables which became Liquidated Receivables during the related Collection Period.

Class A Monthly Principal means, with respect to each Transfer Date ------------------------- relating to the Controlled Accumulation Period or the Rapid Amortization Period, prior to the payment in full of the Class A Investor Interest, an amount equal the least of (i) Available Investor Principal Collections on deposit in the Principal Account with respect to such Transfer Date, (ii) for each Transfer Date with respect to the Controlled Accumulation Period, prior to the Class A Scheduled Payment Date, the applicable Controlled Deposit Amount for such Transfer Date, and (iii) the Class A Adjusted Investor Interest prior to any deposits on such Transfer Date.