Examples of Original Class Principal Balance in a sentence
The amount shown for each MX Class represents the maximum Original Class Principal Balance (or original Class Notional Balance) of that Class, assuming it were to be issued on the Closing Date.
The amount shown for each MX Class represents the maximum Original Class Principal Balance of that Class, assuming it were to be issued on the Closing Date.
In that event, the Securities will have the same characteristics as described in this Supple ment, except that the Original Class Principal Balance (or original Class Notional Balance) of each Class will increase by the same proportion.
The decrement tables set forth below illustrate the percentage of the Original Class Principal Balance (or, in the case of a Notional Class, the original Class Notional Balance) that would remain outstanding following the distribution made each specified month for each Regular or MX Class, based on the assumption that the related Mortgage Loans prepay at the PSA Prepayment Assumption Rates.
With respect to a Note, the portion of the Original Class Principal Balance represented by such Note as specified on the face thereof.