Principal Debt definition

Principal Debt means, for a Lender and at any time, the unpaid principal balance of all outstanding Borrowings from such Lender hereunder.

Principal Debt means the aggregate unpaid principal balance of this Note at the time in question.

Principal Debt means the deferred amount to which interest, fees and charges are added;

Examples of Principal Debt in a sentence

• Except as the Bank shall otherwise agree, for each fiscal year throughout the implementation of the Project, the Borrower undertakes that its estimated Net Revenues shall be at least 1.2 times the estimated Principal Debt Service Requirements of the Borrower in each such fiscal year on the Debt of the Borrower.

• The first instalment shall be payable on the first day of the month (following the date on which the Loan Amount was Approved) and all further instalments shall be payable on the same day of each and every subsequent month, until the Principal Debt and all interest and/or charges thereon have been settled in full.

• The Borrower herewith undertakes to repay the Principal Debt together with interest charges for such amounts in accordance with the repayments over the approved term.

• The then Principal Debt plus the amount of the requested Loan shall be equal to or less than the Commitment.

• The Consumer hereby authorises the Credit Provider, its affiliates, holding company and/or subsidiaries or any of its designated agents to draw against his/her account referred to in the Quote (or any other bank to which the Consumer may transfer his/her account) the monthly instalment set out in the Quote until the Principal Debt and all service fees due to the Credit Provider has been repaid in full.

More Definitions of Principal Debt

Principal Debt means, at any time, the unpaid principal balance of all Borrowings.

Principal Debt means the aggregate unpaid principal balance of this Loan at the time in question.

Principal Debt means, at the time determined, the unpaid principal balance of all Advances under this Agreement.

Principal Debt means the amount calculated in accordance with section

Principal Debt means all amounts owing to us by the Cardholder;

Principal Debt means the aggregate unpaid principal balance of the Loan at the time in question.

Principal Debt means, at any time, the sum of the Revolver Principal Debt and Term Loan Principal Debt.