Planned Principal Balance definition

Planned Principal Balance means for any Distribution Date, the balance shown for such Distribution Date on Schedule XVII.

Planned Principal Balance. With respect to the Class III-A-1, Class III-A-2 and Class III-A-3 Certificates and Component III-A-6-2, the combined amount set forth in the table attached as Appendix D to the Prospectus, for the applicable Distribution Date, under the heading “Class III-A-1, Class III-A-2 and Class III-A-3 and Component III-A-6-2 Aggregate Planned Principal Balance”, which amount shall also constitute the “Planned Principal Balance” for their Corresponding Classes or Components in the aggregate.

Planned Principal Balance. With respect to the Class A-1 Certificates and each Distribution Date, the amount set forth for such Distribution Date on Exhibit L hereto.

Examples of Planned Principal Balance in a sentence

• Aggregate Planned Principal Balance: With respect to each Distribution Date, the aggregate planned principal balance set forth for that Distribution Date for the Class A-4, Class A-5, Class A-7 and Class A-8 Certificates in Exhibit O annexed hereto.

• On each Distribution Date, the excess of the Cash Flow Distribution Amount over the amount applied pursuant to clauses (ii) (a) through (c) above will be applied as distributions of principal of the Class 2-PZ REMIC Certificates, in an amount up to the amount necessary to reduce the outstanding principal balance thereof to their Planned Principal Balance as set forth in the Principal Balance Schedules for such Distribution Date.

• At its meeting on 24 November 2014, the SHC considered the initial assessment on the implementation of the Scheme, and decided to implement one more round of the Scheme in mid-2015 with a quota of 2 500 so as to better test out the effect of the Scheme, before conducting a comprehensive review and coming to a firm view on its future.

• On each Distribution Date, the excess of the Cash Flow Distribution Amount over the amount applied pursuant to clauses (ii) (a) through (p) above will be applied, sequentially, as distributions of principal of the Class 2-A, Class 2-B, Class 2-C and Class 2-PZ REMIC Certificates, in that order, without regard to the Planned Principal Balance of the Class 2-PZ REMIC Certificates and until the respective principal balances thereof have been reduced to zero.

• On each Distribution Date, the excess of the Cash Flow Distribution Amount over the amount applied pursuant to clauses (ii) (a) through (p) above will be applied, sequentially, as distributions of principal of the Class 2-A, Class 2-B, Class 2-C and Class 2-PZ REMIC CertiÑcates, in that order, without regard to the Planned Principal Balance of the Class 2-PZ REMIC CertiÑcates and until the respective principal balances thereof have been reduced to zero.

More Definitions of Planned Principal Balance

Planned Principal Balance. With respect to any Distribution Date and any PAC, the amount specified for such Class for such Distribution Date in Annex A hereto.

Planned Principal Balance. For any Distribution Date, the amount set forth in the table attached hereto as Exhibit O for such Distribution Date, for the Class A-1, Class A-2 and Class A-3 Certificates.

Planned Principal Balance. With respect to the Class A-3 and Class A-4 Certificates, the aggregate amount set forth in the table attached as Appendix D to the Prospectus, for the applicable Distribution Date, under the heading “Class A-3 and Class A-4 Aggregate Planned Principal Balance”.

Planned Principal Balance. With respect to any Distribution Date, the amount set forth in Schedule I of the table entitled “Planned Principal Balances and Targeted Principal Balances” in Exhibit Five opposite such date.

Planned Principal Balance. With respect to the Class I-A-11 Certificates, the amount set forth in the table attached as Appendix D to the Prospectus, for the applicable Distribution Date, under the heading "Class I-A-11 Planned Principal Balance," which amount shall also constitute the "Planned Principal Balance" for its Corresponding Class. With respect to the Class I-A-12 Certificates, the amount set forth in the table attached as Appendix D to the Prospectus, for the applicable Distribution Date, under the heading "Class I-A-12 Planned Principal Balance," which amount shall also constitute the "Planned Principal Balance" for its Corresponding Class.

Planned Principal Balance. With respect to the Class A-1 Certificates and Class A-2 Certificates and any Distribution Date, the amount set forth in Exhibit Five opposite such date for such Class.

Planned Principal Balance. With respect to any Class of PAC Certificates and any Payment Date, the respective balance for such Class set forth opposite such Payment Date in the Planned Principal Balance Schedule set forth as Schedule VI hereto.