Aggregate Principal definition
Aggregate Principal means, on any date of determination, the aggregate outstanding principal amount of all Advances outstanding on such date.
Aggregate Principal means, at any time of determination, the aggregate outstanding Principal of all Lenders at such time.
Aggregate Principal means, on any date of determination, the sum of (i) the aggregate outstanding principal amount of all Advances (other than in respect of Loans relating to Letters of Credit) outstanding on such date and (ii) the Letter of Credit Liability on such date.
Examples of Aggregate Principal in a sentence
Section 1.1. The Facility 1 Section 1.2. Increases 2 Section 1.3. Reductions of Aggregate Principal 3 Section 1.4. Payment Requirements 4 Section 1.5. Deemed Collections 4 Section 1.6. Interest 4 Section 1.7. Inability to Determine Interest Rates; Benchmark Replacement Setting 5 Section 1.8. Loan Account; Evidence of Debt 10 Section 1.9. Defaulting Lenders 10 Section 1.10.
Each such Defaulted Obligation will be treated as a Defaulted Obligation for all purposes until such time as the Aggregate Principal Balance of Current Pay Obligations would not exceed, on a pro forma basis including such Defaulted Obligation, the applicable percentage of the Collateral Principal Amount.
Such Reduction Notice shall (i) be prepared in accordance with the most recent Settlement Report, and (ii) designate (x) the Proposed Reduction Date, and (y) the amount of Aggregate Principal to be reduced (the “Aggregate Reduction”) which shall be at least $1,000,000 or integral multiples of $100,000 in excess thereof.
On each day during the Revolving Period that is not a Settlement Date, subject to Section 1.4, the last sentence of this Section and Section 4.2, Collections that are not required to be segregated pursuant to Section 6.2(c) shall first be applied to making an Advance such that after giving effect thereto, the outstanding Aggregate Principal is equal to the Aggregate Principal outstanding immediately prior to receipt of such Collections (each such Advance, a “Rollover Advance”).
More Definitions of Aggregate Principal
Aggregate Principal amount: Denominations: Currency of payment: Interest rate or formula: Interest payment dates: Regular record dates: Stated maturity date: Redemption provisions: Sinking fund requirements: Conversion provisions: Listing requirements: Black-out provisions: Fixed or Variable Price Offering: If Fixed Price Offering, initial public offering price % of the principal amount, plus per share: accrued interest [amortized original issue discount], if any, from Purchase price per share: % of principal amount, plus accrued interest [amortized original issue discount], if any, from (payable in next day funds). Form: Lock-Up Provisions: Other terms and conditions: Closing date and location: All of the provisions contained in the document attached as Annex I hereto entitled "SIMON PROPERTY GROUP, L.P. -- Debt Securities -- AMENDED AND RESTATED UNDERWRITING AGREEMENT" are hereby incorporated by reference in their entirety herein and shall be deemed to be a part of this Terms Agreement to the same extent as if such provisions had been set forth in full herein. Terms defined in such document are used herein as therein defined. Please accept this offer no later than o'clock P.M. (New York City time) on by signing a copy of this Terms Agreement in the space set forth below and returning the signed copy to us. Very truly yours, MERR▇▇▇ ▇▇▇CH, PIERCE, FENN▇▇ & ▇MIT▇ INCORPORATED By:_______________________________________ Name: Title: Authorized Signatory -2 33 Acting on behalf of itself and the other named Underwriters. Accepted: SIMON PROPERTY GROUP, L.P. By: Simon Property Group, Inc. Managing General Partner By:_________________________________ Name: Title:
Aggregate Principal means, on any date of determination, the aggregate outstanding principal amount of all Loans outstanding on such date.
Aggregate Principal amount: Denominations: Currency of payment: Interest rate or formula: Interest payment dates: Regular record dates: Stated maturity date: Redemption provisions: Sinking fund requirements: Conversion provisions: Listing requirements: Black-out provisions: Fixed or Variable Price Offering: [Fixed] [Variable] Price Offering If Fixed Price Offering, initial public offering price per share: ____% of the principal amount, plus accrued interest [amortized original issue discount], if any, from __________. Purchase price per share: _____% of principal amount, plus accrued interest [amortized original issue discount], if any, from __________ (payable in next day funds). Form: Other terms and conditions: Closing date and location:
Aggregate Principal means the aggregate amount of Principal outstanding on all Loans.
Aggregate Principal amount: Denominations: Currency of payment: Interest rate or formula: Interest payment dates: Regular record dates: Stated maturity date: Redemption provisions: Sinking fund requirements: Listing requirements:
Aggregate Principal means, at any time of determination, the aggregate outstanding Principal of all Lenders at such time. “Agreement” has the meaning set forth in the preamble to this Agreement.
Aggregate Principal means, on any date of determination, the aggregate outstanding Principal amount of the Advances at such time. “Agreement” means this Sixth Amended and Restated Credit and Security Agreement, as it may be amended or modified and in effect from time to time. “Allocation Limit” means the sum of the PNC Allocation Limit, the Atlantic Allocation Limit and the Gotham Allocation Limit. “Alternate Base Rate” means, for any day, a rate per annum equal to the highest of (a) the Prime Rate in effect on such day, (b) the greater of (i) the Federal Funds Rate in effect on such day plus 0.50%, and (ii) the Floor, and (c) the greater of (i) Term SOFR for a one-month tenor in effect on such day plus the Term SOFR Adjustment, and (ii) the Floor. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Rate or Term SOFR shall be effective from and including the effective date of such change in the Prime Rate, the Federal Funds Rate or Term SOFR, respectively. “Alternate Base Rate Loan” means a Loan which bears interest at the Alternate Base Rate or the Default Rate. “Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to the Originators or their respective Subsidiaries from time to time concerning or relating to bribery or corruption including the U.S. Foreign Corrupt Practices Act of 1977, as amended, the U.K. Bribery Act 2010, and any applicable law or regulation implementing the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. “Applicable Percentage” means (i) if a Conduit puts a Loan to its Liquidity Banks solely due to a problem issuing Commercial Paper Notes and not because of performance issues with the Collateral, credit issues with the Loan Parties or the existence of an Event of Default or Unmatured Default, the percentage representing the “margin” or “spread” for “Term Benchmark Revolving Loans” specified in the Credit Agreement minus 10 basis points, and (ii) at all other times, the percentage representing the “margin” or “spread” for “Term Benchmark Revolving Loans” specified in the Credit Agreement. “Approved Amendment” means any of the following amendments and waivers, to the Credit Agreement, howsoever evidenced: (a) until such time (if any) that Quest Diagnostics’ long-term senior unsecured debt rating from Moody’s is raised above Ba1, and for so long as Quest Diagnostics’ long-term senior unsecured debt ratings remain at BBB- or...