Series Principal Payment Amount means, with respect to the Series 2022-FT1 Term Notes, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2022-FT1 Term Notes and (ii) the product of (a) $2,000,000,000, (b) the Market Value Percentage (as calculated using clause (b)(ii) of the definition thereof) and (c) the Advance Rate of the Series 2022-FT1 Term Notes.
Series Principal Payment Amount means, with respect to the Series 2024-GT1 Term Notes, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2024-GT1 Term Notes and (ii) the product of (a) $5,000,000,000,(b) the Market Value Percentage (as calculated using clause (b)(ii) of the definition thereof) and (c) the Advance Rate of the Series 2024-GT1 Term Notes.
Series Principal Payment Amount means, with respect to the Series 2018-GT2 Term Notes, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2018-GT2 Term Notes and (ii) the product of (a) $5,000,000,000, (b) the Market Value Percentage (as calculated using clause (b)(ii) of the definition thereof) and (c) the Advance Rate of the Series 2018-GT2 Term Notes.
More Definitions of Series Principal Payment Amount
Series Principal Payment Amount means, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2023-FTL1 Promissory Term Notes and (ii) the product of (a) $2,000,000,000, (b) the Market Value Percentage (as calculated using clause (b)(ii) of the definition thereof) and (c) the Advance Rate of the Series 2023-FTL1 Loan.
Series Principal Payment Amount means, with respect to the Series 2024-FT1 Term Notes, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2024-FT1 Term Notes and (ii) the product of (a)
Series Principal Payment Amount means, with respect to the Series 2018-GT2 Term Notes, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of
Series Principal Payment Amount means, with respect to the Series 2018-GT1 Term Notes, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2018-GT1 Term Notes, (ii) the Class Allocation Percentage and (iii) the product of (a) $[***], (b) the Market Value Percentage (as calculated using clause (b)(ii) of the definition thereof) and (c) the highest Advance Rate in respect of any Class of the Series 2018-GT1 Term Notes.
Series Principal Payment Amount means, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of (i) the Series Allocation Percentage of the Series 2023-GTL2 Promissory Term Notes and (ii) the product of (a) $5,000,000,000, (b) the Market Value Percentage (as calculated using clause (b)(ii) of the definition thereof) and (c) the related Advance Rate in respect of the Series 2023-GTL2 Loan.
Series Principal Payment Amount means, upon the occurrence of a Scheduled Principal Payment Event, an amount equal to the product of