PAC Principal Amount. As defined in Section 4.01(b).
PAC Principal Amount. Not applicable.
PAC Principal Amount. As to any Distribution Date and the PAC Certificates, the amount, if any, that would reduce the aggregate Class Certificate Balance of the PAC Certificates to the applicable balance shown in the applicable table set forth in Exhibit V with respect to such Distribution Date.
Examples of PAC Principal Amount in a sentence
A savings bank may convert to the stock form pursuant to this rule as part of a transaction in which the savings bank is merged into an existing savings bank, savings association or bank which is not a wholly-owned subsidiary of a holding company.
More Definitions of PAC Principal Amount
PAC Principal Amount. As to any Distribution Date and for the PAC Group, the amount, if any, that would reduce the balance of the PAC Group to the balance shown in the table set forth in Exhibit M with respect to such Distribution Date.
PAC Principal Amount. For each Class or Classes of PAC Certificates, and as to each Distribution Date, the amount set forth for such Class or Classes and date in the PAC Principal Amount Schedule.
PAC Principal Amount. For each Class of PAC Certificates, and as to each Distribution Date, the amount set forth for such Class and date in the Scheduled Balances Table.
PAC Principal Amount for any Distribution Date means the amount, if any, that would reduce the sum of the Principal Balances of the PAC Group to the percentage of the sum of the initial Principal Balances of the PAC Group shown in the related table with respect to such Distribution Date. The following table sets forth for each Distribution Date the planned Principal Balance for the PAC Group, expressed as a percentage of the initial aggregate Principal Balance or initial Principal Balance of such Group. PLANNED PRINCIPAL BALANCES AS PERCENTAGES OF AGGREGATE INITIAL PRINCIPAL BALANCE PAC GROUP
PAC Principal Amount for any Distribution Date means the amount, if any, that would reduce the Principal Balance of the Class A-7 Certificates to the percentage of the initial Principal Balance of the Class A-7 Certificates shown in the related table appearing in Schedule II with respect to such Distribution Date.
PAC Principal Amount. As to each Class of PAC Certificates and each Distribution Date, the amount necessary to reduce the Class Principal Balance of such Class to its scheduled balance as set forth on PAC Principal Amount Schedule for such date.
PAC Principal Amount. As to any Distribution Date and for the PAC I Group or the PAC II Group, the amount, if any, that would reduce the balance of the PAC I Group or the PAC II Group to the balance shown in the table set forth in Exhibit Q with respect to such Distribution Date.