Class B Initial Principal Balance definition

Class B Initial Principal Balance means $43,750,000.
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Class B Initial Principal Balance means $40,000,000.
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Class B Initial Principal Balance means $31,250,000.
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Examples of Class B Initial Principal Balance in a sentence

  • In consideration for the delivery to the Depositor by the Trustee of the Certificates in authorized denominations equal in the aggregate to [the sum of the Class A] Initial Principal Balance [and the Class B Initial Principal Balance], the Depositor does hereby sell, transfer, assign, set over and convey to the Trustee without recourse, all the right, title and interest of the Depositor in and to the Conveyed Property.

  • The Class B Principal Balance on any date will be an amount equal to (i) the Class B Initial Principal Balance, plus (ii) the aggregate amount of Principal Balance Increases allocated to the Class B Note made on or prior to such date, minus (iii) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.


More Definitions of Class B Initial Principal Balance

Class B Initial Principal Balance means $[________].
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Class B Initial Principal Balance. $18,938,000. Class B Interest Rate: 6.10% per annum.
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Class B Initial Principal Balance means $18,000,000.
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Class B Initial Principal Balance means [$_________].
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Class B Initial Principal Balance means the amount specified in Item 10 of Schedule I.
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Related to Class B Initial Principal Balance

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Class Principal Balance With respect to any Class and as to any date of determination, the aggregate of the Certificate Balances of all Certificates of such Class as of such date.

  • Class A-1 Principal Balance as of any date means the Class A‑1 Initial Principal Balance less all amounts paid to the holders of Class A‑1 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Class A-4 Principal Balance as of any date means the Class A‑4 Initial Principal Balance less all amounts paid to the holders of Class A‑4 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Note B Principal Balance means, at any time of determination, the Initial Note B Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon or reductions in such amount pursuant to Sections 3, 4 or 5, as applicable.