Collateral Monthly Principal definition

Collateral Monthly Principal means the monthly principal distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.07(c).
Collateral Monthly Principal shall have the meaning specified in Section 4.3(c).
Collateral Monthly Principal means the monthly

Examples of Collateral Monthly Principal in a sentence

  • The amount of distribution in respect of Collateral Monthly Principal $ 0.0000004.

  • During the Accumulation Period, the portion of Available Investor Principal Collections not applied to Class A Monthly Principal, Class B Monthly Principal or Excess Collateral Monthly Principal on a Transfer Date will generally be treated as Excess Principal Collections.

  • The amount of the current monthly distribution in respect of Collateral Monthly Principal.

  • Collateral Monthly Principal to be applied in accordance with the Loan Agreement........$ 0.00 ------------- P.

  • The amount of distribution in respect of Collateral Monthly Principal C.


More Definitions of Collateral Monthly Principal

Collateral Monthly Principal means (a) with respect to any Transfer Date relating to the Revolving Period following any reduction of the Required Collateral Interest pursuant to clause (3) of the proviso in the definition thereof an amount equal to the lesser of (i) the excess, if any, of the Collateral Interest (after giving effect to reductions for any Collateral Charge-Offs and Reallocated Principal Collections on such Transfer Date and after giving effect to any adjustments thereto for the benefit of the Class A Certificateholders and the Class B Certificateholders on such Transfer Date) over the Required Collateral Interest on such Transfer Date, and (ii) the Available Investor Principal Collections on such Transfer Date or (b) with respect to any Transfer Date relating to the Controlled Accumulation Period or Rapid Amortization Period an amount equal to the lesser of (i) the excess, if any, of the Collateral Interest (after giving effect to reductions for any Collateral Charge-Offs and Reallocated Principal Collections on such Transfer Date and after giving effect to any adjustments thereto for the benefit of the Class A Certificateholders and the Class B Certificateholders on such Transfer Date) over the Required Collateral Interest on such Transfer Date, and (ii) the excess, if any, of (A) the Available Investor Principal Collections on such Transfer Date over (B) the sum of the Class A Monthly Principal and the Class B Monthly Principal for such Transfer Date.
Collateral Monthly Principal is defined in subsection 4.9(c).
Collateral Monthly Principal shall have the meaning specified in ---------------------------- Section 4.05 of the Agreement.
Collateral Monthly Principal shall have the meaning specified in SECTION 4.03(c).
Collateral Monthly Principal means (a) with respect to any Transfer ---------------------------- Date relating to the Revolving Period, following any reduction of the Required Collateral Interest effected as described in clause (x) of the proviso of the definition of "Required Collateral Interest", an amount equal to the lesser of (x) the Collateral Interest Surplus as of such Transfer Date and (y) the Available Investor Principal Collections on such Transfer Date, (b) with respect to any Transfer Date relating to the Controlled Accumulation Period or the Rapid Amortization Period, as the case may be, an amount equal to the lesser of (x) the Collateral Interest Surplus as of such Transfer Date and (y) the excess, if any of (i) the Available Investor Principal Collections over (ii) the sum of the Class A Monthly Principal and the Class B Monthly Principal on such Transfer Date.
Collateral Monthly Principal means (a) with respect to any Transfer ---------------------------- Date relating to the Revolving Period, following any reduction of the Required Collateral Interest effected by a reduction of the Required Collateral Percentage as described in the definition of "Required Collateral Percentage", an amount equal to the lesser of (x) the Collateral Interest Surplus as of such Transfer Date and (y) the Available Investor Principal Collections on deposit in the Principal Account with respect to the related Monthly Period, or (b) with respect to any Transfer Date relating to the Controlled Accumulation Period or the Rapid Amortization Period, as the case may be, an amount equal to the lesser of (x) the Collateral Interest Surplus as of such Transfer Date and (y) the excess, if any of (i) the Available Investor Principal Collections on deposit in the Principal Account with respect to the related Monthly Period over (ii) the sum of the Class A Monthly Principal and the Class B Monthly Principal on such Transfer Date.
Collateral Monthly Principal means the monthly principal distributable in respect of the Collateral Invested amount as calculated in accordance with subsection 4.03(b-1).]