Examples of First Priority Principal Payment in a sentence
Each of (i) the subordination of interest payments to the Noteholders of the Class B Notes to the payment of any First Priority Principal Payment to the Noteholders of the Class A Notes and (ii) the subordination of interest payments to the Noteholders of the Class C Notes to the payment of any Second Priority Principal Payment to the Noteholders of the Class A Notes and the Class B Notes under Section 8.2(c) is a subordination agreement within the meaning of Section 510(a) of the Bankruptcy Code.
Each of (i) the subordination of interest payments to the Noteholders of the Class B Notes to the payment of any First Priority Principal Payment to the Noteholders of the Class A Notes and (ii) the subordination of interest payments to the Noteholders of the Class C Notes to the payment of any Second Priority Principal Payment to the Noteholders of the Class A Notes and the Class B Notes under Section 8.2(b) is a subordination agreement within the meaning of Section 510(a) of the Bankruptcy Code.
Payment of Class A-3 Principal Distribution Amount As First Priority Principal Payment Account $ - 5.
Payment of Class A-4 Principal Distribution Amount As First Priority Principal Payment Account $ - 5.
Payment of Class A-2 Principal Distribution Amount As First Priority Principal Payment Account $ - 5.
First Priority Principal Payment Amount From Total Available Funds $ - 5.
Payment of First Priority Principal Payment Amount From Reserve Account Draw Amount $ - 6.
Payment of Class A-4 Principal Distribution Amount As First Priority Principal Payment Account $— 5.
Payment of Class A-1 Principal Distribution Amount As First Priority Principal Payment Account $ - 5.
Payment of Class A Principal Distribution Amount As First Priority Principal Payment Account $ - 4.