Class A-2 Principal Balance definition

Class A-2 Principal Balance as of any date means the Class A-2 Initial Principal Balance less all amounts paid to the holders of Class A-2 Notes in respect of principal pursuant to Section 5.06 hereof.
Class A-2 Principal Balance means, as to any Remittance Date, the Original Class A-2 Principal Balance less all amounts previously distributed to Holders of Class A-2 Certificates on account of principal.
Class A-2 Principal Balance means, as of any date of determination, the Original Class A-2 Principal Balance less any Group II Principal Distribution Amount distributed with respect to principal on the Class A-2 Certificates on all prior Remittance Dates.

Examples of Class A-2 Principal Balance in a sentence

  • Class A-2 Principal Balance Outstanding Securitization Bond 179,037,815 iii.

  • Ending Class A-2 Principal Balance $ 335,000,000.00 Total Principal paid to Class A-2 Notes $ - 1.

  • Name: ------------------------------ Title: ----------------------------- STRIP MERGER CORP.

  • Ending Class A-2 Principal Balance $ 386,000,000.00 Total Principal paid to Class A-2 Notes $ -- 1.

  • On the Class A-2 Termination Date any portion of the Remaining Group I Principal Distribution Amount remaining on such Payment Date following the reduction to zero of the Class A-2 Principal Balance shall be distributed as the initial principal distribution on the Class A-3 Group I Certificates.


More Definitions of Class A-2 Principal Balance

Class A-2 Principal Balance. At any time, the Original Class A-2 Principal Balance minus the sum of all amounts previously distributed on the Class A-2 Certificates since the Closing Date pursuant to clauses A(ii) and B(ii) of Section 6.01(a).
Class A-2 Principal Balance. The original Class A-2 Principal Balance of $10,696,000 reduced by the sum of all amounts previously distributed to the Owners of the Class A-2 Group I Certificates in respect of principal on all previous Payment Dates, but shall not be reduced below zero.
Class A-2 Principal Balance means, for any Payment Date, the Original --------------------------- Class A-2 Principal Balance less all amounts previously distributed to Holders of Class A-2 Certificates in respect of principal.
Class A-2 Principal Balance means, as to any Payment Date, the Original Class A-2 Principal Balance less all amounts previously distributed to Holders of Class A-2 Certificates in respect of principal.
Class A-2 Principal Balance means, with respect to any date, an amount equal to the excess of (a) the sum of (i) the Class A-2 Initial Principal Balance, plus (ii) the aggregate principal amounts of any Additional Class A-2 Principal Amounts advanced pursuant to Section 12.6(a) of the Indenture, over (b) the aggregate amount of any principal payments made to Class A-2 Owners pursuant to the Sale and Servicing Agreement and the Indenture through and including such date.
Class A-2 Principal Balance. As of any date of determination, the Original Class A-2 Principal Balance, reduced by the sum of all amounts (including, except for purposes of effecting the Certificate Insurer's subrogation rights, that portion of Insured Payments, if any, made in respect of principal) previously distributed to Class A-2 Certificateholders in respect of principal.
Class A-2 Principal Balance. As of any date, an amount equal to the Class A-2 Initial Principal Balance less (i) any Class A-2 Principal Payments previously made on the Class A-2 Notes and (ii) all Class A-2 Allocated Loss Amounts previously allocated to the Class A-2 Notes.