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.