Class C Principal Balance definition

Class C Principal Balance means, on any Business Day, an amount equal to the result of (a) $ , plus (b) the aggregate amount of all Class C Incremental Principal Balances for all Class C Incremental Fundings occurring after the Amendment Date and on or prior to that Business Day, minus (c) the aggregate amount of principal payments made to Class C Noteholders after the Amendment Date and on or prior to such date. As applied to any particular Class C Note, the “Class C Principal Balance” means the portion of the overall Principal Balance represented by that Class C Note.

Class C Principal Balance means, with respect to any date, an amount equal to the excess of (a) the sum of (i) the Class C Initial Principal Balance, plus (ii) the aggregate principal amounts of any Additional Class C Principal Amounts advanced pursuant to Section 12.6(a) of the Indenture, over (b) the aggregate amount of any principal payments made to Class C Owners pursuant to the Sale and Servicing Agreement and the Indenture through and including such date.

Class C Principal Balance means as of any date, an amount equal to the initial Class C principal balance less any principal payments previously made on the Class C Notes.

Examples of Class C Principal Balance in a sentence

• This agreement will translate into one of several upcoming amendments to the European Stability Mechanism (ESM) Treaty.

• The agreements in this subsection shall survive the payment of the obligations under this Agreement, including the Class C Principal Balance.

• Americans with Disabilities Act42 U.S.C. §§ 12101-12117 (cornell.edu) Prohibits discrimination in employment based on a physical or mental handicap.

• The Indenture Trustee shall upon receipt of an Issuer Order authenticate and deliver Class A Notes for original issue in an aggregate amount equal to the Initial Class A Principal Balance, Class B Notes for original issue in an aggregate amount equal to the Initial Class B Principal Balance, the Class C Notes for original issue in an aggregate amount equal to the Initial Class C Principal Balance and Class D Notes for original issue in an aggregate amount equal to the Initial Class D Principal Balance.

• Assuming that issue prices of the Class C Notes are equal to the Initial Class C Principal Balance, net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss, credit and deduction entering into the computation thereof) shall be allocated among the Certificateholders and the Holders of the Class C Notes, respectively, pro rata based upon their Percentage Interests as a Class.

More Definitions of Class C Principal Balance

Class C Principal Balance means the portion of the overall Principal Balance represented by that Class C Note.

Class C Principal Balance as of any date means the Class C Initial Principal Balance less all amounts paid to the holders of Class C Notes in respect of principal pursuant to Section 5.06 hereof.

Class C Principal Balance. Seller Class C Purchaser Class C Principal Balance Prior to Sale: $ Class C Principal Balance Sold: $ Class C Principal Balance Retained: $ [Purchasing Class C Purchaser] A. Type of Purchaser: CP Conduit: Yes/No Committed Purchaser: Yes/No

Class C Principal Balance means the portion of the overall Class C Principal Balance represented by that Class C Note.

Class C Principal Balance. Sold: $__________

Class C Principal Balance means, on any Business Day, an amount equal to the result of (a) $[ ], plus (b) the aggregate amount of all Class C Incremental Principal Balances for all Class C Incremental Fundings occurring after the Closing Date and on or prior to that Business Day, minus (c) the aggregate amount of principal payments made to Class C Noteholders after the Closing Date and on or prior to such date. As applied to any particular Class C Note, the “Class C Principal Balance” means the portion of the overall Principal Balance represented by that Class C Note.

Class C Principal Balance. Transferee Class C Purchaser Class C Principal Balance After Sale: $ Address for Notices: Investing Office: SCHEDULE III TO TRANSFER SUPPLEMENT Form of Transfer Effective Notice To: [Name and address of Seller, Servicer, Trustee, Administrative Agent, Seller Class C Purchaser and Purchasing Class C Purchaser] The undersigned, as Agent under the Class C Note Purchase Agreement, dated as of March 5, 2009, among AmeriCredit Master Trust II, AmeriCredit Funding Corp. X, AmeriCredit Financial Services, Inc., the Class C Purchasers and the Agents parties thereto and Deutsche Bank Trust Company Americas, as Administrative Agent, acknowledges receipt of five executed counterparts of a completed Transfer Supplement. [Note: attach copies of Schedules I and II from such Agreement.] Terms defined in such Supplement are used herein as therein defined. Pursuant to such Supplement, you are advised that the Transfer Effective Date will be , . Very truly yours, [NAME OF AGENT], as Agent By: Name: Title: By: Name: Title: EXHIBIT C JOINDER SUPPLEMENT JOINDER SUPPLEMENT, dated as of the date set forth in Item 1 of Schedule I hereto, among the financial institution identified in Item 2 of Schedule I hereto, AmeriCredit Financial Services, Inc. (“AmeriCredit”), individually and as Servicer, AmeriCredit Funding Corp. X (“AFC”), individually and as Seller, AmeriCredit Master Trust II (the “Issuer”), the Agent named in Item 5 of Schedule I hereto (the “Agent”), and Deutsche Bank Trust Company Americas, as Administrative Agent (the “Administrative Agent”).