Unrecovered Balance definition

Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of the Recovery Bonds less the amount in the Excess Funds Subaccount available to make principal payments on the Recovery Bonds.
Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of each Series of Transition Bonds less the amount in the Excess Funds Subaccount available to make principal payments on such Series of Transition Bonds.
Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of the Securitized Utility Tariff Bonds less the amount in the Excess Funds Subaccount available to make principal payments on the Securitized Utility Tariff Bonds.

Examples of Unrecovered Balance in a sentence

  • The Unrecovered Balance means all funds allocated by the Other Contractor Parties to carry SOA's Participating Interest under Article 3.5(a) less the amounts in equivalent value to Petroleum reimbursed in accordance with Article 3.5(c) cumulated with the interests above.


More Definitions of Unrecovered Balance

Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of each Tranche of Storm Recovery Bonds.
Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of each Series of Notes less the amount in the Reserve Subaccount available to make principal payments on such Series of Notes.
Unrecovered Balance means, as of any Payment Date, the sum of the Outstanding Amount of the Storm Recovery Bonds less the amount in the Excess Funds Subaccount available to make principal payments on the Storm Recovery Bonds.
Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of each Tranche Investment Recovery Bonds.
Unrecovered Balance means, as of any Payment Date, the sum of the outstanding principal amount of the Outstanding Texas Stabilization N Bonds less the amount in the Collection Account available to make principal payments on the Texas Stabilization N Bonds.
Unrecovered Balance has the meaning ascribed thereto in Schedule 5.
Unrecovered Balance means, as of any Payment Date, the sum of the Outstanding Amount of the Securitized Bonds less the amount in the Excess Funds Subaccount available to make principal payments on the Securitized Bonds.