Original Class B-2 Principal Balance definition

Original Class B-2 Principal Balance. The Class B-2 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Class B-2 Principal Balance means $18,618,332. 1-19
Original Class B-2 Principal Balance means $19,250,000.

Examples of Original Class B-2 Principal Balance in a sentence

  • The Class B-2 Principal Balance is the Original Class B-2 Principal Balance less all amounts previously distributed to the Class B-2 Certificateholders (including any Guarantee Payments) on account of principal.

  • The Class B-2 Principal Balance is the Original Class B-2 Principal Balance less all amounts previously distributed on account of principal of the Class B-2 Notes.

  • At any time on or after the Closing Date, subject to compliance with the normal procedures of the Trustee and the Depository, the Class B-2 Certificateholders may deliver to the Depository one Class B-2 Certificate, registered in the name of Cede & Co. (or other nominee of the Depository), the total face amount of which represents 100% of the Original Class B-2 Principal Balance.


More Definitions of Original Class B-2 Principal Balance

Original Class B-2 Principal Balance. The Class B-2 Principal Balance as of the Closing Date, as set forth in Section 11.02.
Original Class B-2 Principal Balance means $26,200,000.
Original Class B-2 Principal Balance. The Class B-2 Principal Balance as of the Cut-Off Date, as set forth in Section 6.1(c).
Original Class B-2 Principal Balance means $5,625,000.
Original Class B-2 Principal Balance means $28,000,000.
Original Class B-2 Principal Balance means $8,022,512.
Original Class B-2 Principal Balance. The Class B-2 Principal Balance ------------------------------------ as of the Cut-Off Date, as set forth in Section 11.14.