Examples of Principal Shortfalls in a sentence

On any Payment Date with respect to which no Servicer Report was delivered, to the extent there are Available Funds in the Indenture Collections Account, the Indenture Trustee will make payments of the Noteholders’ Interest Distributable Amounts described in (ii), (v), (viii) and (xi) above as well as any Matured Principal Shortfalls described in (iv), (vii), (x) and (xiii) above.
In determining the Proposed Principal Shortfall Amount for each Collateral Certificate, the Servicer agrees to determine such amount in a manner that shall maximize the amount of payments received from Collateral Certificates in respect of Proposed Principal Shortfalls Amounts.
Excess Principal Collections remaining on any Transfer Date after payment of Principal Shortfalls for all Series in Group I, and after any application of Excess Principal Collections as principal with respect to any Variable Interest or variable funding certificates in such Group will be distributed to the Holder of the Transferor Interest or deposited in the Excess Funding Account in accordance with subsection 4.03(e) of the Pooling and Servicing Agreement or Section 8.05 of the Indenture, as applicable.
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Principal Shortfalls in other Principal Sharing Series in Group One.

More Definitions of Principal Shortfalls

Principal Shortfalls means on any Business Day (x) for Series 2000-2, (i) during the Accumulation Period, the amount, if any, by which the Controlled Deposit Amount for the Transfer Date immediately following the then current Monthly Period exceeds the total of the amounts described in clauses (v), (w), (x) and (y) of subsection 4.9(c)(i), and (ii) at all other times, the Invested Amount of the class then receiving principal payments after the application of Principal Collections on such Business Day, or (y) for any other Series, the amounts specified as such in the Supplement for such other Series.

Principal Shortfalls means, with respect to a Distribution Date, the aggregate amount for all outstanding Series which the related Supplements specify are "Principal Shortfalls" for such Distribution Date.

Principal Shortfalls has the meaning specified in the applicable Series Supplement for a Collateral Certificate.

Principal Shortfalls is defined, as to any Series, in the related Indenture Supplement.

Principal Shortfalls means the amounts representing scheduled or permitted principal distributions to certificateholders and deposits to principal funding accounts, if any, for any Series that have not been covered out of the Principal Collections allocable to such Series and certain other amounts.

Principal Shortfalls means, with respect to any Business Day and any outstanding Series, the amount which the related Supplement specifies as the "Principal Shortfall" for such Business Day.

Principal Shortfalls shall have the meaning specified in Section 8.05.