Class D Note Balance definition

Class D Note Balance means, at any time, the Initial Class D Note Balance reduced by all payments of principal made prior to such time on the Class D Notes.
Class D Note Balance on the Closing Date will equal the Original Class D Note Balance and on any date thereafter will equal the Original Class D Note Balance reduced by all distributions of principal previously made in respect of the Class D Notes.
Class D Note Balance shall initially mean $11,720,000, and thereafter shall equal the initial Class D Note Balance reduced by all previous payments to the Class D Noteholders in respect of the principal of the Class D Notes that have not been rescinded.

Examples of Class D Note Balance in a sentence

  • The Outstanding Note Balance of the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes shall not exceed the Maximum Outstanding Class A Note Balance, the Maximum Outstanding Class B Note Balance, the Maximum Outstanding Class C Note Balance, the Maximum Outstanding Class D Note Balance and the Maximum Outstanding Class E Note Balance, respectively.

  • Despite these good intentions, it is still considered to be a crime in most countries.


More Definitions of Class D Note Balance

Class D Note Balance means, as of the Closing Date, $11,340,000 and thereafter shall equal the Class D Note Balance as of the Closing Date reduced by all principal payments on the Class D Notes.
Class D Note Balance means, at any time, $227,460,000, reduced by all payments of principal made prior to such time on the Class D notes.
Class D Note Balance means, at any time, $114,290,000, reduced by all payments of principal made prior to such time on the Class D notes.
Class D Note Balance means, as of the Closing Date, $9,250,000 and thereafter shall equal the Class D Note Balance as of the Closing Date reduced by all principal payments on the Class D Notes.
Class D Note Balance means, at any time, $73,770,000, reduced by all payments of principal made prior to such time on the Class D notes.
Class D Note Balance means, as of any date of determination, the Initial Class D Note Balance minus all payments of Monthly Principal actually distributed to Class D Noteholders as of such date of determination.
Class D Note Balance means, as of any date, the Initial Class D Note Balance reduced by all payments of principal made on or prior to such date on the Class D Notes.]