Examples of Nominal Liquidation Amount in a sentence
The Nominal Liquidation Amount of all Asset Pool One Notes as of the last day of the related Monthly Period CHASEseries 6,850,000,000.00 TOTAL 6,850,000,000.00 5b.
On each Principal Payment Date, an amount up to the Nominal Liquidation Amount of the Class A(2024-1) Notes will be withdrawn from the Class A(2024-1) Principal Funding Sub-Account and remitted to the Paying Agent for distribution pursuant to Section 3.05 of this Terms Document.Section 3.05 Payments of Interest and Principal.
On each Payment Date, the Nominal Liquidation Amount shall be reduced by the amount of Reallocated Principal Collections for such Payment Date.
Upon the occurrence of such sale, the Nominal Liquidation Amount shall be automatically reduced to zero and Principal Collections and Finance Charge Collections shall no longer be allocated to the Series 2022-CRT2 Notes.