Targeted Principal Balance definition

Targeted Principal Balance. For any Distribution Date, the amount set forth in the table attached hereto as Exhibit P for such Distribution Date, for the Class A-6, Class A-8 and Class A-9 Certificates and Component A-7-2 of the Class A-7 Certificates.

Targeted Principal Balance. With respect to any Distribution Date and (i) the Class A-6 Certificates, the amount set forth in Schedule II of the table entitled "Aggregate Planned Principal Balances and Targeted Principal Balances" in Exhibit Five opposite such date and (ii), the Class A-7 Certificates, the amount set forth in Schedule III of the table entitled "Aggregate Planned Principal Balances and Targeted Principal Balances" in Exhibit Five opposite such date .

Targeted Principal Balance. With respect to each Distribution Date, the targeted principal balance set forth for that Distribution Date for the Class A-5 Certificates in Exhibit Six hereto.

Examples of Targeted Principal Balance in a sentence

• In connection with any Optional Redemption in part, the Scheduled Targeted Principal Balance for the remaining Equipment Notes of such Series or Class shall be reduced on the Redemption Date and each subsequent Payment Date by the product of (i) the Redemption Fraction and (ii) the Scheduled Targeted Principal Balance that existed for the Redemption Date or such subsequent Payment Date, as the case may be, immediately prior to such Optional Redemption.

• In addition, the Scheduled Targeted Principal Balance on the Redemption Date will be reduced by the Allocable Scheduled Principal Amount for each Series on such Payment Date, and the Scheduled Targeted Principal Balances on all succeeding Payment Dates shall be reduced by the amount of such Optional Redemption or Acquisition Balance Redemption minus the Allocable Scheduled Principal Payment Amount, allocated pro rata among such Payment Dates.

• For each Payment Date occurring after the latest Payment Date on Schedule 1, the Class A Scheduled Targeted Principal Balance shall be zero.

• The Class A Scheduled Targeted Principal Balance is the “Scheduled Targeted Principal Balance” (as defined in the Indenture) with respect to the Class A Notes.

• In connection with any Optional Redemption in part, the Scheduled Targeted Principal Balance for the Equipment Notes being redeemed on the applicable Redemption Date shall be reduced on the Redemption Date and each subsequent Payment Date by the product of (i) the Redemption Fraction and (ii) the Scheduled Targeted Principal Balance that existed for the Redemption Date or such subsequent Payment Date, as the case may be, immediately prior to such Optional Redemption.

More Definitions of Targeted Principal Balance

Targeted Principal Balance. With respect to the Class 1-A-2 and Class 1-A-4 Certificates, the aggregate amount set forth in the table attached as Appendix D to the Prospectus, for the applicable Distribution Date, under the heading “Class 1-A-2 and Class 1-A-4 Aggregate Targeted Principal Balance.”

Targeted Principal Balance. With respect to the TAC Certificates and each Distribution Date, the amount set forth for such Class on such Distribution Date on Exhibit Five hereto.

Targeted Principal Balance. For any Distribution Date, the amount set forth in the table attached hereto as Exhibit N for such Distribution Date, for the Class A-5 Certificates.

Targeted Principal Balance. With respect to the Class A-11 Certificates and any Determination Date, the amount specified for such Class for such Distribution Date on Exhibit W hereto.

Targeted Principal Balance. With respect to each Accretion Directed TAC Certificate and each Distribution Date, the amount set forth for such Class on such Distribution Date on Exhibit Seven hereto. Trust Fund: REMIC I, REMIC II, the Rounding Account, the Reserve Fund and the Initial Monthly Payment Fund.

Targeted Principal Balance means (i) with respect to any Existing Term Loan, the Existing Term Loan TPB for such Existing Term Loan and (ii) with respect to any Additional Incremental Term Loan, the Additional Incremental Term Loan TPB for such Additional Incremental Term Loan.

Targeted Principal Balance. With respect to the Class A Notes, the Class B Notes, and the Class C Notes and each Payment Date, the amount set forth on Schedule B attached hereto.