Minimum Principal Payment Amount means, for the Series 2013-1 Notes on each Payment Date, an amount equal to the excess, if any, of (x) the Aggregate Series 2013-1 Note Principal Balance as of such Payment Date (prior to giving effect to any principal payments scheduled to be paid with respect to the Series 2013-1 Notes on such Payment Date) over (y) the Minimum Targeted Principal Balance for the Series 2013-1 Notes for such Payment Date.

Minimum Principal Payment Amount. With respect to any Series, the amount identified as such in the related Supplement.

Minimum Principal Payment Amount means, for the Series 2012-1 Notes on any Payment Date, one of the following:

Examples of Minimum Principal Payment Amount in a sentence

The Minimum Principal Payment Amount for each Billing Cycle is determined at the time you take your Cash Advance as follows: For Customers with Bi-weekly or Semi-monthly Payment Due Dates: Your Minimum Principal Payment Amount will be the greater of $50 or 5% of your Principal Balance.
We then assess variation in redeployability across each of those different components by way of an instrumental approach that exploits variation in asset salability in secondary markets.
Your Minimum Payment Amount for each Billing Cycle consists of the Minimum Principal Payment Amount, plus Minimum Charges (Finance Charges), for that Billing Cycle.
Payment of the Supplemental Principal Payment Amount on each Payment Date is subordinated to payment in full on such Payment Date of the Minimum Principal Payment Amount and the Scheduled Principal Payment Amount for the Series 2006-1 Notes and any other Notes then Outstanding.
Payment of the Supplemental Principal Payment Amount on each Payment Date is subordinated to payment in full on such Payment Date of the Minimum Principal Payment Amount and the Scheduled Principal Payment Amount for the Series 2005-1 Notes and any other Notes then Outstanding.

More Definitions of Minimum Principal Payment Amount

Minimum Principal Payment Amount means, for any Payment Date, the “Minimum Principal Payment Amount” specified therefor on the Amortization Schedule.

Minimum Principal Payment Amount means, for the Series 2009-1 Notes on any Payment Date, one of the following:

Minimum Principal Payment Amount means, with respect to any subclass of ACS Group Class A Securities, as of any Payment Date, the product of (i) the ACS Group Class A Security Portion for such Payment Date and (ii) the Assumed Monthly Depreciation for such Payment Date.

Minimum Principal Payment Amount means that portion of the Minimum Payment Amount that you will pay each Billing Cycle that is applied to your outstanding Principal Balance.

Minimum Principal Payment Amount. Except as set forth in an applicable Supplement for any Series of Outstanding Notes for any Payment Date, the excess, if any, of (x) the then aggregate unpaid principal balance of such Series over (y) the Minimum Targeted Principal Balance for such Series for such Payment Date.

Minimum Principal Payment Amount. This term shall have the meaning set forth in the related Supplement.

Minimum Principal Payment Amount means, for each Class of Equipment Notes within a Series and for any Payment Date, the excess, if any, of (x) the sum of the then Outstanding Principal Balance of all Equipment Notes of such Class over (y) the Minimum Targeted Principal Balance of such Class for such Payment Date.