Examples of Class B Note Principal Balance in a sentence
The Class B Note Principal Balance at the close of business on such Distribution Date (after giving effect to all payments and adjustments on such Distribution Date) will be equal to.
Average Class B Note Principal Balance: For any period, an amount equal to the result of (a) the aggregate of the Class B Note Principal Balance for each day during that period divided by (b) the number of days in that period.
The amount of monthly interest due with respect to the Class B Notes for any Distribution Date and the related Interest Period (the “ Class B Monthly Interest”) shall be calculated by the Servicer and shall be an amount equal to the product of (i) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (ii) the Class B Note Interest Rate, times (iii) the Average Class B Note Principal Balance for the related Interest Period.
The aggregate notional amount under the Class B Swap shall, at any time, be equal to the Class B Note Principal Balance at such time.
The amount of Principal Receivables in the Trust represented by the Class B Note Principal Balance on the last day of the related Monthly Period ..................