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(2020-2) Notes, notwithstanding anything to the contrary in the Indenture Supplement, (a) prior to an issuance of additional Class B(2020-2) Notes, the sum of (i) the Initial Dollar Principal Amount of such Notes and (ii) the Class B(2020-2) 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(2020-2) 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(2020-2) Notes and (b) following the issuance of additional Class B(2020-2) Notes, the sum of (i) the Outstanding Dollar Principal Amount of the Class B(2020-2) Notes determined as of the date of such additional issuance and (ii) the Class B(2020-2) 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(2020-2) 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(2020-2) Notes after the date of such additional issuance. Notwithstanding the foregoing, if a Receivables Sale has occurred with respect to the Class B(2020-2) Notes, the Outstanding Dollar Principal Amount shall be zero.

Examples of Outstanding Dollar Principal Amount in a sentence

• For purposes of any provision of this Indenture requiring or permitting Actions with the consent of, or at the direction of, Noteholders evidencing a specified percentage of the Outstanding Dollar Principal Amount of Outstanding Notes, such direction or consent may be given by Note Owners (acting through the clearing agency and the clearing agency’s participants) owning interests in or security entitlements to Notes evidencing the requisite percentage of principal amount of Notes.

• As of the date of any additional issuance of Notes of an Outstanding Class or Tranche of Notes, the Stated Principal Amount, Outstanding Dollar Principal Amount and Nominal Liquidation Amount of that Class or Tranche will be increased to reflect the principal amount of the additional Notes.

• The Indenture Trustee will be fully protected in the taking of any action recommended or approved by any such expert, consultant, agent or attorney or agreed to by Holders of not less than 66-2/3% of the Outstanding Dollar Principal Amount of the Outstanding Notes.

• The Indenture Trustee will call a meeting upon request of the Issuer or the Holders of at least 10% in aggregate Outstanding Dollar Principal Amount of the Outstanding Notes of such Series, Class or Tranche issuable in whole or in part as Bearer Notes.

• However, any resolution with respect to any Action which may be given by the Holders of not less than a specified percentage in aggregate Outstanding Dollar Principal Amount of Outstanding Notes of a Series, Class or Tranche of Bearer Notes may be adopted at any meeting at which a quorum is present only by the affirmative vote of the Holders of not less than the specified percentage in aggregate Outstanding Dollar Principal Amount of the Outstanding Notes of such Series, Class or Tranche.

More Definitions of Outstanding Dollar Principal Amount

Outstanding Dollar Principal Amount means, for the Class B(2009-1) Notes, notwithstanding anything to the contrary in the Indenture Supplement, (a) prior to an issuance of additional Class B(2009-1) Notes, the sum of (i) the Initial Dollar Principal Amount of such Notes and (ii) the Class B(2009-1) 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(2009-1) 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(2009-1) Notes and (b) following the issuance of additional Class B(2009-1) 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(2009-1) 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(2009-1) 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(2009-1) Notes after the date of such additional issuance. Notwithstanding the foregoing, if a Receivables Sale has occurred with respect to the Class B(2009-1) 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 B(2012-1) Notes, notwithstanding anything to the contrary in the Indenture Supplement, (a) prior to an issuance of additional Class B(2012-1) Notes, the sum of (i) the Initial Dollar Principal Amount of such Notes and (ii) the Class B(2012-1) 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 2005-1 Notes, the Initial Dollar Principal Amount of such Class of Series 2005-1 Notes at such time, less the amount of any withdrawals from the Principal Funding Account for the Series 2005-1 Notes for payment of principal to the Holders of such Class of Notes and (ii) with respect to the Series 2005-1 Notes, the sum of the Outstanding Dollar Principal Amount of the Class A Notes, the Outstanding Dollar Principal Amount of the Class B Notes and the Outstanding Dollar Principal Amount of the Class C 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.