Initial Principal Balance Sample Clauses

Initial Principal Balance. All references in the Note to $198,000 shall be changed to $425,365.48.
Sample 1Sample 2
Initial Principal Balance. All references in the Note to $20,000 shall be changed to $42,966.21.
Sample 1
Initial Principal Balance. INTEREST RATE; EXPECTED FINAL PAYMENT DATE; FINAL MATURITY DATE The Transition Bonds of each Class of the Series 2001-1 Transition Bonds shall have the initial principal balance, Expected Final Payment Date and Final Maturity Date and bear interest at the interest rate (the "Interest Rate") -------- ---- as set forth below: Initial Principal Expected Final Final Class Balance Payment Date Maturity Date Interest Rate --------- ----------------- -------------- ------------- ------------- A-1 $115,000,000 09/15/05 09/15/07 3.84% A-2 118,000,000 09/15/07 09/15/09 4.76% A-3 130,000,000 09/15/09 09/15/11 5.16% A-4 385,897,000 09/15/13 09/15/15 5.63% The Expected Final Payment Date for each Class of the Series 2001-1 Transition Bonds will be the date when the outstanding principal balance of that Class will be reduced to zero if payments are made according to the Expected Amortization Schedule for that Class. The Final Maturity Date for each Class of the Series 2001-1 Transition Bonds will be the date when the Issuer is required to pay the entire remaining unpaid principal balance, if any, of all outstanding Series 2001-1 Transition Bonds of that Class.
Sample 1
Initial Principal Balance. The initial principal balance (the “Initial Principal Balance”) of this Note shall be an amount up to [ ], as determined in accordance with the terms of Sections 2.6(d) and (e) of the Stock Purchase Agreement. Regardless of the date of determination of the Initial Principal Balance, interest shall accrue on the Initial Principal Balance from and after the Issuance Date (i.e., interest on the Initial Principal Balance will be computed retroactively to the Issuance Date after determination of the Initial Principal Balance in accordance with the terms of Section 2.6 of the Stock Purchase Agreement).
Sample 1

Related to Initial Principal Balance

  • Original Class B Principal Balance The Original Class B Principal Balance is $19,509,681.91.

  • Principal Balance Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500.

  • Remaining Principal Balance At the Cutoff Date the Principal Balance of each Receivable set forth in the Schedule of Receivables is true and accurate in all material respects.

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10

  • Outstanding Principal Balance Each Receivable has an outstanding principal balance of at least $500.

  • Increases in Class Principal Balances of the Notes On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Class M Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above. If on the Maturity Date or any Payment Date a Class of MAC Notes is outstanding, all Tranche Write-up Amounts that are allocable to Class M Notes that were exchanged for such MAC Notes will be allocated to increase the Class Principal Balances or Notional Principal Amounts, as applicable, of such MAC Notes in accordance with the exchange proportions applicable to the related Combination.

  • Reductions in Class Principal Balances of the Notes On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Notes (without regard to any exchanges of Exchangeable Notes for RCR Notes for such Payment Date) will be reduced, without any corresponding payment of principal, by the amount of the reduction, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of the Tranche Write-down Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(d) above. If any RCR Notes are held by Holders, any Tranche Write-down Amount that is allocable to the related Exchangeable Notes will be allocated to decrease the Class Principal Balance or Class Notional Amount, as applicable, of the RCR Notes.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Optional Principal Payments The Borrowers may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances (other than Swing Line Loans), or, in a minimum aggregate amount of $250,000 or any integral multiple of $250,000 in excess thereof, any portion of the outstanding Floating Rate Advances (other than Swing Line Loans) with notice to the Agent by 10:00 a.m. (Chicago time) on the date of repayment. The Company may at any time pay, without penalty or premium, all outstanding Swing Line Loans, or, in a minimum amount of $100,000 and increments of $50,000 in excess thereof, any portion of the outstanding Swing Line Loans, with notice to the Agent and the Swing Line Lender by 11:00 a.m. (Chicago time) on the date of repayment. The Borrowers may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurocurrency Advances, or, in a minimum aggregate amount of $2,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Eurocurrency Advances upon three Business Days’ prior notice to the Agent.

  • Limitation on Aggregate Principal Amount The aggregate principal amount of the Notes shall not be limited. The Company shall not execute and the Trustee shall not authenticate or deliver Notes except as permitted by the terms of the Indenture.