Examples of Liquidation Principal in a sentence
As per the Series Purchase Agreement, GCCT is required to accumulate the principal liquidation amounts for these notes from credit card collections over the three months preceding maturity into the Liquidation Principal Funding account.
As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 5 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 5 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Previously, an admissibility deficiency was sent to the opponent asking it to clarify the extent of opposition.
As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 1 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 1 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
For any Distribution Date, the excess, if any, of the aggregate Liquidation Principal of all Class U Mortgage Loans which became Liquidated Loans during the related Prepayment Period over the sum of the Group U-1 Senior Liquidation Amount and the Group U-2 Senior Liquidation Amount for such Distribution Date.