Class B-2 Principal Balance definition

Class B-2 Principal Balance. As to the first Determination Date, the Original Class B-2 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-2 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-2 Certificates on prior Distribution Dates (A) pursuant to Paragraph tenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-2 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance and the Class B-1 Principal Balance as of such Determination Date.

Class B-2 Principal Balance means, as to any Remittance Date, the Original Class B-2 Principal Balance less all amounts previously distributed to Holders of Class B-2 Certificates on account of principal (including any Guarantee Payments).

Class B-2 Principal Balance means, for any Payment Date, the Original Class B-2 Principal Balance less all amounts previously distributed to Holders of Class B-2 Certificates in respect of principal.

Examples of Class B-2 Principal Balance in a sentence

• This allocation of Realized Losses will be effected through the reduction of the applicable Class's Principal Balance through the operation of the definition of Principal Balance and the provisos in the definitions of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

• This allocation of Realized Losses will be effected through the reduction of the applicable Class's Principal Balance through the operation of the third sentence under the definition of Principal Balance and the provisos in the definitions of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

• This allocation of Realized Losses will be effected through the reduction of the applicable Class's Principal Balance through the operation of the third or eighth sentence under the definition of Principal Balance and the provisos in the definitions of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

• Class B-2 Principal Balance 5,626,023.00 INTEREST ON PRINCIPAL SHORTFALL 73.

• The Class B-2 Principal Balance divided by the Pool Scheduled Principal Balance as of the preceding payment date must be equal to or greater than 13.10%.

More Definitions of Class B-2 Principal Balance

Class B-2 Principal Balance. At any time, the Original Class B-2 Principal Balance minus the sum of (i) all amounts previously distributed on the Class B-2 Certificates pursuant to clauses A(x) and B(x) of Section 6.01(a).

Class B-2 Principal Balance means, as to any Remittance Date, the --------------------------- Original Principal Balance of the Class B-2 Certificates less all amounts previously distributed to Holders of Class B-2 Certificates on account of principal.

Class B-2 Principal Balance means, as to any Payment Date, the Original Class B-2 Principal Balance minus the sum of

Class B-2 Principal Balance means, as to any Payment Date, the Original Class B-2 Principal Balance less all amounts distributed to Holders of Class B-2 Notes on prior Payment Dates on account of principal pursuant to Section 8.02(c)(10) of the Indenture.

Class B-2 Principal Balance means, as of any date, the Original Class B-2 Principal Balance minus the aggregate cumulative amount of (i) amounts described in Section 6.05(n) hereof prior to such date, (ii) amounts described in Section 6.05(o) hereof, prior to such date and (iii) amounts described in Section 6.07(c) hereof prior to such date.

Class B-2 Principal Balance. Sold: $________ Class B-2 Principal Balance Retained: $________ [PURCHASING CLASS B-2 PURCHASER]

Class B-2 Principal Balance means, at any time, the Initial Class B-2 Principal Balance minus the sum of all amounts previously distributed to the Class B-2 Certificateholders pursuant to Section 6.01(a)(xiv) and (a)(xv).