Note B Principal Balance definition

Note B Principal Balance means, as of any date of determination, the aggregate Note Principal Balance of the B Notes.

Examples of Note B Principal Balance in a sentence

  • If the subject Note is held by more than one Noteholder at any time, the holders of a majority of the Note B Principal Balance shall immediately appoint a representative to exercise all rights of the Note B Holder hereunder.

  • If Note B is held by more than one Person at any time, the holders of a majority of the Note B Principal Balance shall immediately appoint a representative to exercise all rights of the Note B Holder hereunder in accordance with Section 6(a).

  • If the subject Note is held by more than one Noteholder at any time, the holders of a majority of the Note B Principal Balance or the Note C Principal Balance, as applicable, shall immediately appoint a representative to exercise all rights of such Subordinate Noteholder hereunder.

  • If the Note B is held by more than one Note B Holder at any time, the holders of a majority of the Note B Principal Balance shall immediately appoint a representative to exercise all rights of the Note B hereunder.

  • If a B Note is held by more than one Note B Holder at any time, the holders of a majority of the applicable Note B Principal Balance shall immediately appoint a representative to exercise all rights of such B Note hereunder.


More Definitions of Note B Principal Balance

Note B Principal Balance means, at any time of determination, the sum of the Note B-1 Principal Balance and the Note B-2 Principal Balance.
Note B Principal Balance means individually or collectively, the Note B-1 Principal Balance and/or the Note B-2 Principal Balance, as the case may be.
Note B Principal Balance means, at any time of determination, the sum of the Note B-1-A Principal Balance, the Note B-1-B Principal Balance, the Note B-2-A Principal Balance and the Note B-2-B Principal Balance.
Note B Principal Balance means, in the aggregate, the Note B-1 Principal Balance and the Note B-2 Principal Balance.