Class A Principal Balance definition

Class A Principal Balance. As of any Distribution Date, (a) the Class A Principal Balance for the immediately preceding Distribution Date less (b) amounts distributed to the Class A Certificateholders on such preceding Distribution Date allocable to principal (including the principal portion of Advances of the Servicer made pursuant to Section 6.03 and Realized Losses allocated to the Class A Certificates pursuant to Section 6.04); provided that the Class A Principal Balance on the first Distribution Date shall be the Original Class A Principal Balance.
Class A Principal Balance. As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

Examples of Class A Principal Balance in a sentence

  • Upon any Class A Incremental Funding, the Class A Principal Balance, the Collateral Amount, the Note Principal Balance and the Allocation Percentage shall increase as provided herein.

  • The best fit line equations for the permeability trend-lines were of the exponential form: v k ea s (9) Where ψv is the viscous permeability coefficient in m2, k and a are empirical constants and s is starch volumetric constant (%).

  • For each Class A Incremental Funding, the Class A Principal Balance shall increase in an amount equal to the Class A Incremental Principal Balance.

  • Upon initial issuance, the Class A Certificates and the Class B Certificates shall be substantially in the form of Exhibit A and Exhibit B, respectively, in an aggregate amount equal to the Original Class A Principal Balance and the Original Class B Principal Balance, respectively.

  • Except as provided in the Agreement, the Class A Certificates are issuable only as registered certificates without coupons in minimum denominations of $1,000 and integral multiples thereof; provided, however, that one Class A Certificate may be issued in a denomination that represents any remaining portion of the Original Class A Principal Balance.


More Definitions of Class A Principal Balance

Class A Principal Balance. As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-PO Certificates and Class A-R Certificate.
Class A Principal Balance means, as to any Remittance Date, the sum of the Class Principal Balances of the Class A Certificates.
Class A Principal Balance means, on any Business Day, an amount equal to the result of (a) $ , plus (b) the aggregate amount of all Class A Incremental Principal Balances for all Class A Incremental Fundings occurring after the Closing Date and on or prior to that Business Day (including the increase in the Class A Notes pursuant to Section 3.02(b) of the Class A Note Purchase Agreement), minus (c) the aggregate amount of principal payments made to Class A Noteholders after the Closing Date and on or prior to such Business Day (including any payment described in 3.02(a) of the Note Purchase Agreement). As applied to any particular Class A Note, the “Class A Principal Balance” means the portion of the overall Class A Principal Balance represented by that Class A Note. The Class A Principal Balance shall be allocated among the Class A Ownership Tranches as provided in the Class A Note Purchase Agreement.
Class A Principal Balance means the portion of the overall Class A Principal Balance represented by that Class A Note. The Class A Principal Balance shall be allocated among the Class A Ownership Tranches as provided in the Class A Note Purchase Agreement.
Class A Principal Balance equals the Original Class A Principal Balance, as reduced by all amounts allocable to principal on the Class A Certificates previously distributed to Class A Certificateholders.