Initial Amortization Principal Payment Date means, with respect to any Amortizing Note, the first Business Day of the sixth (6th) month immediately following the date of issuance of such Amortizing Note.
Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.
Amortization Payment Date shall have the meaning set forth in Section 2(d).
Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.
Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).
Expected Principal Payment Date means April 15, 2010.
Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.
Scheduled Principal Payment Date means April 15, 2008.
Amortization Amount shall have the meaning provided in Section 5.2(c).
Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.
Principal Payment Any payment of principal on a Mortgage Loan other than a Principal Prepayment.
Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.
Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.
Class B Monthly Principal shall have the meaning specified in Section 4.03(b).
Special Payment Date means each Distribution Date with respect to the Early Amortization Period.
Amortization Payment shall have the meaning set forth in Section 2(d).
Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.
Principal Payments means all payments of principal made pursuant to the terms of the Note.
Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.
Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.
Class A Monthly Principal shall have the meaning specified in Section 4.03(a).
Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.
Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.
Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.
Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.