Additional Principal Distribution Amount definition

Additional Principal Distribution Amount means, as to any Remittance ---------------------------------------- Date, the Amount Available remaining after payment of the amounts described in clauses (1) through (11) of Section 8.03(a), subject to the limitations and conditions specified in Section 8.03(a)(12).
Additional Principal Distribution Amount means, with respect to any Distribution Date, the aggregate of the Recovered Amounts included in, and added to the Principal Distribution Amount for such Distribution Date for purposes of calculating, the Adjusted Principal Distribution Amount for such Distribution Date, pursuant to Section 1.03(c).
Additional Principal Distribution Amount means, as of any Distribution Date after the last day of the Collection Period on which the Pool Balance has declined to 10% or less of the Initial Pool Balance, an amount equal to the lesser of (i) amounts available to be distributed on such Distribution Date after payment of clauses (i) through (xiii) under Section 2.07(c) of the Administration Agreement and (ii) the Class Note Balance after giving effect to all distributions and allocations on that Distribution Date other than pursuant to Section 2.07(c)(xiv) of the Administration Agreement.

Examples of Additional Principal Distribution Amount in a sentence

  • Class B-2A Aggregate Additional Principal Distribution Amount $17,301,805.95 -------------- Company ------- 95.

  • On each Distribution Date principal of this Certificate will be payable, subject to the remaining Available Amount and the remaining Available Reserve Amount, in an amount equal to the Certificate Primary Principal Distribution Amount with respect to such Distribution Date and, on and after the payment in full of the Notes, the Certificate Additional Principal Distribution Amount.

  • Class B-2A Additional Principal Distribution Amount $1,209,411.15 ------------- 69.

  • Class B Principal Distribution Amount is equal to the sum of (i) 7.3% of the Base Principal Distribution Amount, (ii) 7.66% of any prepayments from the Pre-funding Account, and (iii) Class B Additional Principal Distribution Amount.

  • Additional Principal Distribution Amount 1,247,493.38 Total Formula Principal Distribution Amount 10,880,290.31 5.


More Definitions of Additional Principal Distribution Amount

Additional Principal Distribution Amount means, for any Payment Date, the Amount Available remaining after payment of the amounts described in clauses (1) through (16) of Section 8.04(b).
Additional Principal Distribution Amount. With respect to any Payment Date, the lesser of (x) the amount remaining in the Payment Account after the application of funds on deposit therein in accordance with clauses (i) through (vi) of Section 3.05 of the Indenture and (y) the amount required to bring the Outstanding Revenue Amount up to the Reserve Amount Target.
Additional Principal Distribution Amount means, as of any Quarterly Distribution Date after the last day of the Collection Period on which the Pool Balance has declined to 10% or less of the Initial Pool Balance, an amount equal to the lesser of (i) amounts available to be distributed on such Quarterly Distribution Date after payment of clauses (i) through (xv) under Section 2.07(c) of the Administration Agreement and (ii) the Class Note Balance after giving effect to all prior distributions on that Quarterly Distribution Date.
Additional Principal Distribution Amount means, on any distribution date occurring on or after the date on which the aggregate outstanding principal balance of the notes, prior to taking into account any distributions to be made on such distribution date, is equal to 10% or less of the initial aggregate principal balance of the notes and the trust has not exercised its optional redemption right, the Additional Principal Distribution Amount shall be an amount equal to the lesser of (i) 100% of the amounts available to be distributed on such distribution date after payment of items (1) through(9) under “Description of the Notes—Distributions—Distributions from the Collection Account” in this offering memorandum and (ii) the aggregate outstanding principal balance of the notes after giving effect to all prior distributions on that distribution date. In each case, such amount shall be allocated sequentially, first, to the class A-1 notes, until the principal balance of such class is paid in full, second to the class A-2, until the principal balance of such class is paid in full, and third to the class A-3 notes, until the principal balance of such class is paid in full.
Additional Principal Distribution Amount. An amount equal to all remaining funds then held in the Collection Account (attributable to the related Collection Period) after the payment of all amounts required to be paid pursuant to clauses (i) through (xi) of Section 11.02(d).
Additional Principal Distribution Amount. As to any Distribution Date, any remaining amount that would otherwise be distributed to the Holders of the Class R Certificates pursuant to Section 5.01(a).
Additional Principal Distribution Amount means, as to any Distribution Date, the lesser of (1) the Distributable Excess Spread and (2) the Overcollateralization Deficiency Amount.