Principal Payment Date definition

Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, each Scheduled Principal Payment Date, or upon the acceleration of such Series, Class or Tranche of Notes following an Event of Default or upon the occurrence of an Early Amortization Event, or other optional or mandatory redemption of such Series, Class or Tranche of Notes, each Monthly Principal Accrual Date.

Principal Payment Date. The Maturity Date, or the earlier date of redemption or repayment, if any (whether such redemption or repayment is in whole or in part).

Examples of Principal Payment Date in a sentence

• Unless otherwise specified in the applicable Supplemental Agreement, in any case in which an Interest Payment Date or Principal Payment Date is not a Business Day, payment of any interest on or the principal of the Debt Securities shall not be made on such date but shall be made on the next Business Day with the same force and effect as if made on such Interest Payment Date or Principal Payment Date, as the case may be.

• This obligation will end precisely on the first Principal Payment Date.

• Unless otherwise provided in the applicable Supplemental Agreement, no interest on such payment shall accrue for the period from and after such Interest Payment Date or Principal Payment Date, as the case may be, to the actual date of such payment.

• The principal of the Loans shall be repaid in equal annual installments of $4,000,000 each, payable on each Principal Payment Date, beginning March 2025 and continuing through the Maturity Date.

• Unless otherwise provided in the applicable Supplemental Agreement, the period beginning on (and including) the Issue Date or the most recent Interest Payment Date, as the case may be, and ending on (but excluding) the earlier of the next Interest Payment Date or the Principal Payment Date.

More Definitions of Principal Payment Date

Principal Payment Date means each date specified in the Loan Agreement on which all or any portion of the principal amount of the Loan is payable.

Principal Payment Date means any date on which the principal (including mandatory sinking fund redemption payments) of the Senior Bonds becomes due and payable.

Principal Payment Date means the Maturity Date.

Principal Payment Date means the Stated Maturity Date, the Redemption Date or the Optional Repurchase Date, as the case may be.

Principal Payment Date means any [July 1] upon which the principal amount of any Bond is stated to mature or upon which the principal of any Term Bond is subject to redemption in satisfaction of an Amortization Requirement or such other date or dates as may be provided by the Related Series Supplement.

Principal Payment Date has the meaning specified in Section 2.5.

Principal Payment Date means, with respect to the Series 2002-B Notes, the Series 2002-B Expected Principal Payment Date or, upon the acceleration of the Series 2002-B Notes following an Event of Default or the occurrence of an Early Redemption Event, each Interest Payment Date occurring after such acceleration or Early Redemption Event.