Outstanding Dollar Principal Amount definition

Outstanding Dollar Principal Amount has the meaning specified in the Indenture.
Outstanding Dollar Principal Amount means at any time,
Outstanding Dollar Principal Amount means, for the Class B(2020-4) Notes, notwithstanding anything to the contrary in the Indenture Supplement, (a) prior to an issuance of additional Class B(2020-4) Notes, the sum of (i) the Initial Dollar Principal Amount of such Notes and (ii) the Class B(2020-4) Accreted Discount as determined in accordance with Section 2.12 hereof, minus (i) the aggregate amount of principal paid with respect to the Class B(2020-4) Notes as of the relevant date of determination and (ii) any net losses of principal of funds on deposit in respect of principal in the Principal Funding Account or the related Principal Funding Subaccount, as applicable, for the Class B(2020-4) Notes and (b) following the issuance of additional Class B(2020-4) Notes, the sum of (i) the Outstanding Dollar Principal Amount of the Class B(2020-4) Notes determined as of the date of such additional issuance and (ii) the Class B(2020-4) Accreted Discount accreted after the date of such additional issuance, as determined in accordance with Section 2.12 hereof, minus (i) the aggregate amount, as of the relevant date of determination, of principal paid with respect to the Class B(2020-4) Notes after the date of such additional issuance and (ii) any net losses, as of the relevant date of determination, of principal of funds on deposit in respect of principal in the Principal Funding Account or the related Principal Funding Subaccount, as applicable, for the Class B(2020-4) Notes after the date of such additional issuance. Notwithstanding the foregoing, if a Receivables Sale has occurred with respect to the Class B(2020-4) Notes, the Outstanding Dollar Principal Amount shall be zero.

Examples of Outstanding Dollar Principal Amount in a sentence

  • The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Dollar Principal Amount of the Notes, on behalf of the Holders of all the Notes, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.

  • On any day occurring on or after the date on which the aggregate Nominal Liquidation Amount of any Tranche of Notes is reduced to less than 5% of its highest Outstanding Dollar Principal Amount, the Depositor or any Affiliate thereof has the right, but not the obligation, to redeem such Tranche of Notes in whole but not in part, pursuant to Section 1202 of the Indenture.

  • The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer and the rights of the Holders of the Notes under the Indenture at any time by the Issuer with the consent of the Holders of Notes representing not less than 66 2/3% of the Outstanding Dollar Principal Amount of each adversely affected Series, Class or Tranche of Notes.

  • The redemption price will be an amount equal to the Outstanding Dollar Principal Amount of such Tranche, plus accrued, unpaid and additional interest or principal accreted and unpaid on such Tranche to but excluding the date of redemption.

  • Certain of the information is presented on the basis of an Outstanding Dollar Principal Amount of $1,000 per Series 2013-1 Note (a “Note”).


More Definitions of Outstanding Dollar Principal Amount

Outstanding Dollar Principal Amount means, for the Class B(2011-1) Notes, notwithstanding anything to the contrary in the Indenture Supplement, (a) prior to an issuance of additional Class B(2011-1) Notes, the sum of (i) the Initial Dollar Principal Amount of such Notes and (ii) the Class B(2011-1) Accreted Discount as determined in accordance with Section 2.12 hereof, minus (i) the aggregate amount of principal paid with respect to the Class B(2011-1) Notes as of the relevant date of determination and (ii) any net losses of principal of funds on deposit in respect of principal in the Principal Funding Account or the related Principal Funding Subaccount, as applicable, for the Class B(2011-1) Notes and (b) following the issuance of additional Class B(2011-1) Notes, the sum of (i) the Outstanding Dollar Principal Amount of such Notes determined as of the date of such additional issuance and (ii) the Class B(2011-1) Accreted Discount accreted after the date of such additional issuance, as determined in accordance with Section 2.12 hereof, minus (i) the aggregate amount, as of the relevant date of determination, of principal paid with respect to the Class B(2011-1) Notes after the date of such additional issuance and (ii) any net losses, as of the relevant date of determination, of principal of funds on deposit in respect of principal in the Principal Funding Account or the related Principal Funding Subaccount, as applicable, for the Class B(2011-1) Notes after the date of such additional issuance. Notwithstanding the foregoing, if a Receivables Sale has occurred with respect to the Class B(2011-1) Notes, the Outstanding Dollar Principal Amount shall be zero.
Outstanding Dollar Principal Amount means at any time, either:
Outstanding Dollar Principal Amount means, for the Class C(2020-4) Notes, notwithstanding anything to the contrary in the Indenture Supplement, (a) prior to an issuance of additional Class C(2020-4) Notes, the sum of (i) the Initial Dollar Principal Amount of such Notes and (ii) the Class C(2020-4) Accreted Discount as determined in accordance with Section
Outstanding Dollar Principal Amount with respect to any series, class or Tranche of Notes, shall have the meaning set forth in the Indenture.
Outstanding Dollar Principal Amount means at any time, with respect to any Series, Class or Tranche of Notes, the aggregate Initial Dollar Principal Amount of the Outstanding Notes of such Series, Class or Tranche at such time, less the amount of any withdrawals from the Principal Funding Account or Sub-Account, as applicable, for such Series, Class or Tranche of Notes for payment of principal to the Holders of such Series, Class or Tranche of Notes or the applicable Derivative Counterparty, pursuant to the related Indenture Supplement.
Outstanding Dollar Principal Amount means, at any time, (i) with respect to any Class of Series 2008-2 Notes, the Initial Dollar Principal Amount of such Class of Series 2008-2 Notes at such time, less the amount of any withdrawals from the Principal Funding Account for the Series 2008-2 Notes for payment of principal to the Holders of such Class of Notes and (ii) with respect to the Series 2008-2 Notes, the sum of the Outstanding Dollar Principal Amount of the Class A Notes, the Outstanding Dollar Principal Amount of the Class B Notes, the Outstanding Dollar Principal Amount of the Class C Notes and the Outstanding Dollar Principal Amount of the Class D Notes, each at such time.
Outstanding Dollar Principal Amount means, with respect to any Series or Class of Notes, the amount specified as such in the related Indenture Supplement.