Outstanding Principal Balance Sample Clauses

Outstanding Principal Balance. Each Receivable has an outstanding principal balance of at least $500.
Outstanding Principal Balance. Each Standard Receivable and Fixed Value Receivable has an outstanding principal balance of at least $1,000.00.
Outstanding Principal Balance. As of the Cut-off Date, each Receivable has an outstanding principal balance of at least $500.
Outstanding Principal Balance. Borrower and Guarantors hereby ------------------------------ acknowledge and agree that the outstanding principal balance of the Loan as of the date hereof is FIVE MILLION and 00/100 DOLLARS ($5,000,000) ("Principal Balance"), and that said sum, together with any and all monies or indebtedness due and owing under the Loan Documents (collectively, "Indebtedness"), including, but not limited to, principal, interest, accrued interest and advances, is due and payable to Lender in accordance with terms and provisions of the Loan Documents (as hereby modified) without offset, defense, claim or counterclaim of any kind or nature whatsoever.
Outstanding Principal Balance. The Amount Financed pursuant to each Receivable is at least $1,000.
Outstanding Principal Balance. All references to the "Outstanding Principal Balance" shall mean the sum of Six Hundred Thousand Dollars ($600,000.00), less any principal repaid.
Outstanding Principal Balance. As of the date hereof, (i) the ------------------------------- aggregate outstanding principal balance of the Revolving Loans was $20,000,000, (ii) the aggregate outstanding principal balance of all Term Loans was $19,000,000, and (iii) the aggregate amount of outstanding Letters of Credit (including matured but unsatisfied Obligations of Reimbursement) was $200,000. Borrower hereby stipulates and agrees that the foregoing balances are true and correct and that such amounts are due and owing in accordance with the terms of the Loan Documents and are not subject to any claim of offset or defense whatsoever.
Outstanding Principal Balance. Each Receivable has an outstanding principal balance of at least $[______] as of the Cut-off Date.
Outstanding Principal Balance. Upon issuance by the Company of the one million shares of New Series of Preferred to SBL, the outstanding unpaid principal balance due under the Prime Note shall be $350,000. At the Closing, SBL shall deliver to Prime the original of the Prime Note and the original of any amended and restated Prime Note, all of which shall be marked "Canceled" by SBL and so executed by SBL, and Prime shall, at the Closing, execute a new amended and restated promissory note ("New Note") replacing in all respects the Prime Note, with the terms and provisions of the New Note to be substantially similar to the Prime Note, except that the principal amount of the New Note shall be $350,000, bear an annual rate of interest of 10 3/4%, be unsecured and shall provide that the principal of the New Note shall be payable on demand. A copy of the New Note to be executed by Prime at the Closing is attached hereto as Exhibit "B".
Outstanding Principal Balance. As of the Cut-off Date, each Receivable has an outstanding principal balance of at least $500. Documents [Data Tape]