Class B Principal Amount definition

Class B Principal Amount means, when used with respect to any date, an amount equal to the Class Principal Amount for the Class B Notes.

Class B Principal Amount means, as of any date, the sum of the Note Principal Amounts of all Class B Notes;

Class B Principal Amount means, when used with respect to any date, an amount equal to the sum of the Class B Investor Group Principal Amount as of such date with respect to each Class B Investor Group as of such date; provided that, during the Revolving Period, for purposes of determining whether or not the Required Noteholders have given any consent, waiver, direction or instruction, the Principal Amount held by each Class B Noteholder shall be deemed to include, without double counting, such Class B Noteholder’s undrawn portion of the “Class B Maximum Investor Group Principal Amount” (i.e., the unutilized purchase commitments under the Issuer Facility Agreement) for such Class B Noteholder’s Class B Investor Group.

Examples of Class B Principal Amount in a sentence

• On any Business Day during the Revolving Period, the Issuer, subject to this Sub-Clause 2.2(b) (Class B Advances), may increase the Class B Principal Amount (such increase, including any increase resulting from a Class B Investor Group Maximum Principal Increase Amount, is referred to as an “Class B Advance”), by increasing the principal amounts of the Class B Notes allocated ratably by their respective Class B Commitment Percentages in accordance with Sub-Clause 2.2(b)(iv) (Class B Advance Allocations).

• Each Class A Advance pursuant to Section 2.2(a), Class B Advance pursuant to Section 2.2(b) and Class C Advance pursuant to Section 2.2(c) may only be made if simultaneously HVF II effects a pro rata increase in each of the Class A Principal Amount, Class B Principal Amount and Class C Principal Amount.

• On any Business Day during the Series 2013-A Revolving Period, HVF II, subject to this Section 2.2(b), may increase the Class B Principal Amount (such increase, including any increase resulting from a Class B Investor Group Maximum Principal Increase Amount or a Class B Additional Investor Group Initial Principal Amount, is referred to as a “Class B Advance”), which increase shall be allocated among the Class B Investor Groups in accordance with Section 2.2(b)(iv).

• Each Class A Voluntary Decrease pursuant to Section 2.3(c)(i), Class B Voluntary Decrease pursuant to Section 2.3(c)(ii) and Class C Voluntary Decrease pursuant to Section 2.3(c)(iii) may only be made if simultaneously HVF II effects a pro rata decrease in each of the Class A Principal Amount, Class B Principal Amount and Class C Principal Amount.

• Each reduction pursuant to Section 2.5(b) (Reduction of Class B Principal Amount) may only be made if, after giving effect to such reduction, no Aggregate Asset Amount Deficiency and no Amortization Event or Potential Amortization Event, in each case with respect to the Series 2021-A Notes, has occurred and is continuing at the time of such reduction or will occur after giving effect to such reduction.

More Definitions of Class B Principal Amount

Class B Principal Amount means, as of any date of determination, the sum of the Class B-1 Principal Amount, the Class B-2 Principal Amount, the Class B-3 Principal Amount, the Class B-4 Principal Amount, the Class B-5 Principal Amount and the Class B-6 Principal Amount as of such date.

Class B Principal Amount means, when used with respect to any date, an amount equal to (a) the Class B Initial Principal Amount minus (b) the amount of principal payments made to Class B Noteholders on or prior to such date minus (c) the principal amount of any Class B Notes that have been delivered to the Trustee for cancellation pursuant to the Group I Indenture and for which no replacement Class B Note was issued on or prior to such date.

Class B Principal Amount means, when used with respect to any date, an amount equal to the sum of the Class B Investor Group Principal Amount as of such date with respect to each Class B Investor Group as of such date; provided that, during the Series 2013-B Revolving Period, for purposes of determining whether or not the Requisite Indenture Investors, Requisite Group II Investors or Series 2013-B Required Noteholders have given any consent, waiver, direction or instruction, the Class B Principal Amount held by each Class B Noteholder shall be deemed to include, without double counting, such Class B Noteholder’s undrawn portion of the “Class B Maximum Investor Group Principal Amount” (i.e., the unutilized purchase commitments with respect to the Class B Notes under this Series 2013-B Supplement) for such Class B Noteholder’s Class B Investor Group.

Class B Principal Amount means, when used with respect to any date, an amount equal to the sum of the Class B Investor Group Principal Amount as of such date with respect to each Class B Investor Group as of such date.

Class B Principal Amount means, as of any date, the sum of the NOTE PRINCIPAL AMOUNTS OF ALLCLASS B NOTES;

Class B Principal Amount means, as of any date, the sum of the Note Principal Amounts of all Class B Notes then Outstanding;

Class B Principal Amount means, as of any date of determination, the sum of the Class B-1 Principal Amount, the Class B-2 Principal Amount, the Class B-3 Principal Amount and the Class B-4 Principal Amount.