Class E Note Balance definition
Class E Note Balance means, at any time, the Initial Class E Note Balance reduced by all payments of principal made prior to such time on the Class E Notes.
Class E Note Balance on the Closing Date will equal the Original Class E Note Balance and on any date thereafter will equal the Original Class E Note Balance reduced by all distributions of principal previously made in respect of the Class E Notes.
Class E Note Balance means, as of the Closing Date, $11,560,000 and thereafter shall equal the Class E Note Balance as of the Closing Date reduced by all principal payments on the Class E Notes.
Examples of Class E Note Balance in a sentence
The Outstanding Note Balance of the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes shall not exceed the Maximum Outstanding Class A Note Balance, the Maximum Outstanding Class B Note Balance, the Maximum Outstanding Class C Note Balance, the Maximum Outstanding Class D Note Balance and the Maximum Outstanding Class E Note Balance, respectively.
On the Final Scheduled Payment Date and on any Payment Date after the acceleration of the Notes pursuant to Section 5.2 of the Indenture, the Class E Noteholders’ Principal Distributable Amount shall be the Class E Note Balance.
More Definitions of Class E Note Balance
Class E Note Balance means, at any time, $24,590,000, reduced by all payments of principal made prior to such time on the Class E notes.
Class E Note Balance means, at any time, $58,824,000, reduced by all payments of principal made prior to such time on the Class E notes.
Class E Note Balance means, at any time, $70,460,000, reduced by all payments of principal made prior to such time on the Class E notes.
Class E Note Balance means, at any time, $73,560,000, reduced by all payments of principal made prior to such time on the Class E notes.
Class E Note Balance shall initially mean $61,580,000.00, and thereafter, shall equal the initial Class E Note Balance reduced by all previous payments to the Class E Noteholders in respect of the principal of the Class E Notes that have not been rescinded.
Class E Note Balance means, at any time, $89,720,000, reduced by all payments of principal made prior to such time on the Class E notes.
Class E Note Balance means, at any time, $69,570,000, reduced by all payments of principal made prior to such time on the Class E notes.