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.
Of the $425,000,000 principal amount of the Class B(2007-4) Notes, $250,000,000 was issued on May 15, 2007, and$175,000,000 was issued on June 22, 2007.A-II-3 BAseries Class C Notes ExpectedIssuance Nominal Liquidation Principal PaymentClass CDate * Expected issuance.
For any Distribution Date, the excess, if any, of the sum of (A) the aggregate Liquidation Principal for all Group 4 Loans which became Liquidated Mortgage Loans during the Prior Period and (B) any Subsequent Recoveries for such Distribution Date for Loan Group 4, over the Group 4 Senior Liquidation Amount for such Distribution Date.
As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 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.