Examples of Principal Payment Amount in a sentence
Payment of Priority Note Principal Payment Amount From Reserve Account $ -- 6.
Payments to the Subordinated Beneficiary of the Subordinated Beneficial Principal Payment Amount prior to the occurrence of an Early Amortization Event will only be made after all other distributions have been made.
Priority Note Principal Payment Amount From Available Funds $ -- 5.
The Administrator shall calculate the amount of principal to be paid on, and the Class Factor for, each Class of Pass-Through Securities for each month using the GNMA Principal Payment Amount for that month.
Notwithstanding the foregoing, if sufficient funds are not available to allow the Issuer to prepay the principal balance of the Warehouse Notes in an amount equal to the Asset Base Deficiency on such Payment Date, then the amount of any Supplemental Principal Payment Amount to be actually paid on such Payment Date shall be allocated among all Series of Notes then Outstanding (including the Term Notes) on a pro rata basis, in proportion to the then unpaid principal balance of such Notes.