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

  • The “Principal Shortfall” for Series 2009-VFN for any Transfer Date shall equal, the excess, if any, of the sum, without duplication, of any Mandatory Limited Payment Amount, Optional Amortization Amounts and Class A Monthly Principal with respect to such Transfer Date over the amount of Available Principal Collections for such Transfer Date (excluding any portion thereof attributable to Shared Principal Collections).


More Definitions of Class A Monthly Principal

Class A Monthly Principal is defined in subsection 5.3(a).
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 means the monthly
Class A Monthly Principal shall have the meaning specified in ------------------------- Section
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 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.
Class A Monthly Principal shall have the meaning specified in SECTION 4.03(a).