Class A Principal Percentage definition

Class A Principal Percentage means, with respect to any Monthly Period (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class A Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and denominator of which is the Initial Invested Amount.
Class A Principal Percentage means, with respect to any Distribution Date, 80.93%; provided, however, that if, on any Distribution Date, the related Net Chargeoff Percentage is greater than the Sequential Payment Trigger, the Class A Principal Percentage for each subsequent Distribution Date will equal 80.07%.
Class A Principal Percentage means (i) for any Distribution Date before the Additional Principal Distributable Amount is reduced to zero, the quotient of the outstanding amount of the Class A Notes divided by the aggregate outstanding amount of the Class A Notes, the Class B Notes and the Class C Notes, in each case as of the Record Date related to such Distribution Date, and (ii) for each other Distribution Date, such quotient as of the Distribution Date on which the Additional Principal Distributable Amount is reduced to zero.

Examples of Class A Principal Percentage in a sentence

  • Class A Principal Percentage 94.00% Class A Monthly Principal 0.00 K(3).

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date 87.500% h.

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date.......

  • The Hungarian translation of the request under paragraph (1) and of its documents shall be filed with the Hungarian Intellectual Property Office within four months from the receipt of the request by the Hungarian Intellectual Property Office.

  • S-29 Class A Principal Percentage...............................................

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date..............................

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date ................................

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date.....

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date .

  • The Class A Principal Percentage for the Due Period with respect to the current Distribution Date........


More Definitions of Class A Principal Percentage

Class A Principal Percentage means, with respect to any Distribution Date, 80.69%.
Class A Principal Percentage means, with respect to any Distribution ---------------------------- Date, the quotient of (i) the sum of the initial principal balance of the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes divided by (ii) the sum of the initial principal balance of the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes.
Class A Principal Percentage means, with respect to any Monthly
Class A Principal Percentage means, with respect to any Monthly Period (i)

Related to Class A Principal Percentage

  • Class B Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class B Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Collateral Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Collateral Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A Invested Amount means, on any date of determination, an amount equal to (a) the Class A Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class A Certificateholders on or prior to such date, minus (c) the excess, if any, of (i) the aggregate amount of Class A Investor Charge-Offs for all prior Distribution Dates over (ii) Class A Investor Charge-Offs reimbursed pursuant to subsection 4.07(b) prior to such date.

  • Principal Allocation Percentage means, with respect to any Due Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Series 2000 Adjusted Invested Amount as of the last day of such Due Period and the denominator of which is the product of (a) the total amount of Principal Receivables in the Master Trust as of the last day of the immediately preceding Due Period and (b) the Series 2000 Allocation Percentage with respect to the Due Period in respect of which the Principal Allocation Percentage is being determined; provided, however, that, with respect to any Due Period in which a Lump Addition occurs or a removal of Accounts pursuant to Section 2.10 of the Agreement occurs, the amount referred to in clause (a) shall be the weighted average of the amount of Principal Receivables in the Master Trust on the date on which such Lump Addition or removal of Accounts occurs (after giving effect thereto) and the last day of the immediately preceding Due Period.

  • Class B Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class B Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of the close of business on such day; provided, however, that with respect to the first Monthly Period, the Class B Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.