Series Principal Payment Amount definition

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

Related to Series Principal Payment Amount

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

  • Expected Principal Payment Date means April 15, 2010.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Principal Payment Any payment of principal on a Mortgage Loan other than a Principal Prepayment.