Monthly Principal definition

Monthly Principal is defined in Section 4.1(d).
Monthly Principal means the monthly principal distributable in respect of the Notes and the O/C Amount as calculated in accordance with Section 4.03.
Monthly Principal means the monthly principal distributable in ----------------- respect of the Series 1996-8 Certificates as calculated in accordance with Section 4.07 of the Agreement.

Examples of Monthly Principal in a sentence

  • The amount of distribution in respect of Class C Monthly Principal $ 0.000000 4 The amount of distribution in respect of Class D Monthly Principal $ 0.000000 5.

  • The amount of distribution in respect of Class B Monthly Principal $ 0.000000 3.


More Definitions of Monthly Principal

Monthly Principal. The principal portion of any Monthly Payment.
Monthly Principal shall have the meaning specified in Section 4.03.
Monthly Principal means the monthly principal distributable in respect of ----------------- the Notes as calculated in accordance with Section 4.3. -----------
Monthly Principal for any Payment Date will equal the sum of the following:
Monthly Principal means the monthly principal distributable in respect of the Series 2017-1 Notes as calculated in accordance with Section 4.03.
Monthly Principal means the amount of principal which is payable to the Noteholders on any Payment Date pursuant to the terms of the Indenture.