Principal Balance of the Note Sample Clauses

Principal Balance of the Note. The undersigned (the “Offeree”) wishes to subscribe for a Subordinated Unsecured Debt Note (“Note(s)”) with an original principal balance (“Principal Balance”) in the amount as set forth on the signature page below.
Sample 1Sample 2
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Principal Balance of the Note. The Company and the Senior Note Holder agree to extend the stated final maturity date of the Note and to make certain other changes, as specified below in this Agreement. The unpaid outstanding principal balance of the Note as of the Modification Date is $58,078.54. The Modified Note remains the obligation of the Company as borrower thereunder. All provisions of the Note and the other Loan Documents remain in full force and effect as therein written, except as expressly modified by this Agreement. To the extent of any conflict between the Note (or any earlier modification of it) and this Agreement, this Agreement shall control.
Sample 1
Principal Balance of the Note. The aggregate unpaid principal balance of the Note as of the date hereof, and prior to the prepayment described in Section 5(b) of this Agreement, is Nine Million Six Hundred Twenty-One Thousand Four Hundred Thirty-Three and 69/100 Dollars ($9,621,433.69).
Sample 1

Related to Principal Balance of the Note

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

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,006,549.92.

  • 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 Original Notes will be reduced (in each case without regard to any exchanges of Original Notes for MAC Notes), 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 Calculated Tranche Write-down Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(b) above. If on the Maturity Date or any Payment Date a Class of MAC Notes is outstanding, all Calculated Tranche Write-down Amounts that are allocable to Original Notes that were exchanged for such MAC Notes will be allocated to reduce 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.

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

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

  • 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.

  • Payment and Prepayment of the Notes Section 8.1.

  • REMIC Certificate Maturity Date Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC is October 25, 2035.

  • Prepayment of the Notes In addition to the payment of the entire unpaid principal amount of the Notes at the final maturity thereof, the Company may make optional prepayments in respect of the Notes as hereinafter provided.

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