Examples of Class A Noteholders’ Principal Distribution Amount in a sentence
The Town of Claremont manages a number of files relating to various function of the Town as described below.
On any Distribution Date, interest on the Class A-6 Notes will be paid pari passu with the other Class A Notes, and the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes and the Class A-5 Notes will be prior in order of principal payment to the Class A-6 Notes, up to the applicable Class A Noteholders’ Principal Distribution Amount, and then to the Class B Notes.
On any Distribution Date, interest on the Class A-4 Notes will be paid pari passu with the other Class A Notes, and the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes will be prior in order of principal payment to the Class A-4 Notes, up to the applicable Class A Noteholders’ Principal Distribution Amount, and then to the Class B Notes.
On any applicable Distribution Date, interest on the Class A-6 Notes will be paid pari passu with the other Class A Notes, and the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class A-5 Notes will be prior in order of principal payment to the Class A-6 Notes, and the Class A-6 Notes will be prior in order of principal payment, up to the applicable Class A Noteholders’ Principal Distribution Amount, to the Class B Notes.
On any Distribution Date, the Class A Notes are prior in order of principal payment to the Class B Notes, up to the applicable Class A Noteholders’ Principal Distribution Amount.