Aggregate Outstanding Principal Amount definition

Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

Aggregate Outstanding Principal Amount means, on any date of determination, where just one Class is outstanding, the Outstanding Principal Amount of that Class on such date or, where more than one Class is outstanding, an amount determined with respect to such date as follows: The Calculation Agent shall select in its sole and absolute discretion one of the currencies in which such Classes are denominated as the base currency and convert the Outstanding Principal Amount of each Class not denominated in such base currency into that base currency using the prevailing applicable spot exchange rate (as determined by the Calculation Agent in its sole and absolute discretion) and the Aggregate Outstanding Principal Amount shall be the sum of the Outstanding Principal Amounts of each Class, as converted (if applicable) into the base currency selected by the Calculation Agent as aforesaid.

Aggregate Outstanding Principal Amount means, in respect of all Purchased Receivables at any time, the aggregate of the Outstanding Principal Amounts of all Purchased Receivables which, as of such time, are not Defaulted Receivables;

Examples of Aggregate Outstanding Principal Amount in a sentence

• VIS Interim Exchange I Amount(s): None (but, for the avoidance of doubt,Collateral Obligations and/or Cash Collateral may be subject to a Substitution and/or Release, in respect of which the VIS Interim Exchange II Amounts provision below will apply, at the same time as any reduction of the Aggregate Outstanding Principal Amount).

• References in this Confirmation to a “Pro Rata Share” of any cash or other assets are to a proportion of such cash or assets determined by the Calculation Agent in its sole and absolute discretion equal to the proportion which the Outstanding Principal Amount of the Class [•] Notes bears to the Aggregate Outstanding Principal Amount of all the Notes.

• For such purpose, the Calculation Agent shall, if necessary, make such determination after having converted the amount of such cash or assets and/or the Outstanding Principal Amount of the Class [•] Notes into the currency in which the Aggregate Outstanding Principal Amount is denominated at the relevant prevailing spot exchange rate as determined by the Calculation Agent in its sole and absolute discretion.

• A “Release” shall comprise: (a) a transfer of any of the Collateral Obligations comprising the Charged Assets to any party (including the Counterparty); and/or (b) the transfer of any of the Cash Collateral comprising the Charged Assets to any party (including the Counterparty), provided that in each case, the effect of the foregoing shall not cause the aggregate Market Value of the Collateral Assets to be less than the Aggregate Outstanding Principal Amount of the Notes.

• On the Tranche 1 Issue Date, the Initial Charged Assets in respect of the Tranche 1 Class A Notes, the Tranche 1 Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes comprised such Eligible Collateral Obligations and/or Eligible Cash Collateral, with an aggregate Market Value equal to at least the then Aggregate Outstanding Principal Amount of the Notes as determined by the Dealer pursuant to the Placing Agreement in respect of such Notes.

More Definitions of Aggregate Outstanding Principal Amount

Aggregate Outstanding Principal Amount means, on any date of determination, where just one Class is outstanding, the Outstanding Principal Amount of that Class on such date or, where more than one Class is outstanding, an amount determined with respect to such date as follows: The Calculation Agent shall select in its sole and absolute discretion one of the currencies in which such Classes are denominated as the base currency and convert the Outstanding Principal Amount of each Class not denominatedin such base currency into that base currency using the prevailing applicable spot exchange rate (as determined by the Calculation Agent in its sole and absolute discretion) and the Aggregate Outstanding Principal Amount shall be the sum of the Outstanding Principal Amounts of each Class, as converted (if applicable) into the base currency selected by the Calculation Agent as aforesaid. The Tranche 1 Initial Collateral Obligations (if any) were credited to the Custodian Account on each relevant Tranche 1 Issue Date and the Tranche 1 Initial Cash Collateral (if any) was credited to the Cash Deposit Account (as defined in the General Definitions Module) on each relevant Tranche 1 Issue Date, in each case subject to and in accordance with the Agency Agreement. The Tranche 2 Initial Collateral Obligations (if any) will be credited to the Custodian Account on the Tranche 2 Issue Date and the Tranche 2 Initial Cash Collateral (if any) will be credited to the Cash Deposit Account on the Tranche 2 Issue Date, in each case subject to and in accordance with the Agency Agreement. At any time after the Tranche 1 Issue Date, the Charged Assets may be subject to Substitution or Release as set out in paragraph 44 below. All Eligible Cash Collateral received by the Issuer and all amounts received by the Issuer in respect of any Collateral Obligations (as defined below) shall be credited to the Cash Deposit Account subject to and in accordance with the Agency Agreement and shall, upon receipt and to the extent not transferred by the Issuer pursuant to these Terms and the Conditions and/or the Swap Agreement, comprise “Cash Collateral”. All Eligible Collateral Obligations received by the Issuer shall be credited to the Custodian Account subject to and in accordance with the Agency Agreement and shall, upon receipt and to the extent not transferred by the Issuer pursuant to these Terms and the Conditions and/or the Swap Agreement, comprise “Collateral Obligations”). The Cash Collateral and the Collateral Obligations ar...

Aggregate Outstanding Principal Amount means, at any time, the aggregate of the Outstanding Principal Amounts for all Series of Notes outstanding at such time.

Aggregate Outstanding Principal Amount has the meaning given such term in Section 2.01.

Aggregate Outstanding Principal Amount means, with respect to Bonds outstanding as of any date:

Aggregate Outstanding Principal Amount. The principal amount of all Outstanding Bonds at the date of determination.

Aggregate Outstanding Principal Amount means, when used with respect to any of the Notes at any time, the aggregate principal amount of such Notes Outstanding at such time. Except as otherwise provided herein, the Aggregate Outstanding Principal Amount of Class A-1 Notes at any time shall not include the Aggregate Undrawn Amount, the Aggregate Outstanding Principal Amount of any Class C Notes at any time shall include all Class C Deferred Interest, the Aggregate Outstanding Principal Amount of the Class D Notes at any time shall include all Class D Deferred Interest and the Aggregate Outstanding Principal Amount of any Class E Notes shall include all Class E Deferred Interest.

Aggregate Outstanding Principal Amount means, in respect of all Purchased Receivables at any time, the aggregate of the Outstanding Principal Amounts of all Performing Receivables;