Examples of First Priority Principal Distribution Amount in a sentence
For the avoidance of doubt, the First Priority Principal Distribution Amount, Second Priority Principal Distribution Amount, Third Priority Principal Distribution and Regular Principal Distribution Amount, or any portion thereof, shall not be due unless amounts are actually available to make such payments in accordance with Section 5.15(a).
First Priority Principal Distribution Amount to Principal Distribution Account $0.00 4.
To pay to that Class of Notes then entitled to principal, any First Priority Principal Distribution Amount.
Note Principal Amount as of such Payment Date (before giving effect to any principal payments made on the Class A Notes or Class B Notes on such Payment Date) over (y) the aggregate Outstanding Receivables Balance as of the last day of the Monthly Period minus (b) the First Priority Principal Distribution Amount for such Payment Date; provided, that on the Class B Legal Final Payment Date, such amount will not be less than the amount necessary to reduce the Class B Note Principal Amount to zero.
Principal Distribution Amount Class A Notes Outstanding$ 391,935,933.50 Pool Balance$ 547,686,174.03 First Priority Principal Distribution Amount$ 0.00 Notes Outstanding$ 463,935,933.50 First Priority Principal Distribution Amount$ 0.00 Pool Balance$ 547,686,174.03 Specified Overcollateralization Amount$ 93,106,649.59 Regular Principal Distribution Amount$ 9,356,409.06 D.