Aggregate Principal Payment Amount definition

Aggregate Principal Payment Amount means, on any day, the product of (x) the aggregate of (a) the sum of all Principal Payment Amounts determined on or prior to such day and (b) the sum of all Principal Shortfall Reimbursement Amounts determined on or prior to such day and (c) the sum of all Writedown Reimbursement Amounts representing Writedown Reimbursements under sub-paragraph (i) of the definition of “Writedown Reimbursement” determined on or prior to such day, and (y) the Applicable Percentage (each term as defined in the Default Swap).“Aggregate Tranche Amortisation Amount” means, on any day, the Aggregate Principal Payment Amount on such day minus the Tranche Amortisation Threshold Amount, subject to a minimum of zero and a maximum equal to the Initial Aggregate Nominal Amount. The Aggregate Tranche Amortisation Amount shall be zero on the Issue Date.“Cash Settlement Amount” means, with respect to each Floating Rate Payer Payment Date, an amount equal to the sum of (a) the relevant Writedown Amount (if any) and (b) the relevant Principal Shortfall Amount (if any) (each term as defined in the Default Swap).“Cash Settlement Date” means a Floating Rate Payer Payment Date or an Additional Fixed Amount Payment Date, as the case may be (each term as defined in the Default Swap).“Reimbursement Amount” means, with respect to each Additional Fixed Amount Payment Date, an amount equal to the sum of (a) the relevant Writedown Reimbursement Payment Amount (if any) and (b) the relevant Principal Shortfall Reimbursement Payment Amount (if any) (each term as defined in the Default Swap).“Tranche Amortisation Threshold Amount” means USD 28,641,250.“Tranche Loss Amount” means, on any day, an amount equal to the Aggregate Cash Settlement Amount minus the Tranche Loss Threshold Amount, subject to a minimum of zero and a maximum equal to the Initial Aggregate Nominal Amount.“Tranche Loss Threshold Amount” means USD 43,258,750. 5 (i) Issue Price: 99.00 per cent. of the Initial Aggregate Nominal Amount.

Aggregate Principal Payment Amount means 85% of the aggregate principal amount of all Notes outstanding as at the CCAA Filing Date.

Aggregate Principal Payment Amount means, on any day, the product of (x) the aggregate of (a) the sum of all Principal Payment Amounts determined on or prior to such day and (b) the sum of all Principal Shortfall Reimbursement Amounts determined on or prior to such day and (c) the sum of all Writedown Reimbursement Amounts representing Writedown Reimbursements under sub-paragraph (i) of the definition of “Writedown Reimbursement” determined on or prior to such day and (d) the sum of all Applied Principal Amounts determined on or prior to such day, and (y) the Applicable Percentage (each term as defined in the Default Swap).

Examples of Aggregate Principal Payment Amount in a sentence

• Aggregate Senior Tranche Amortisation Amount: On any day, the Aggregate Principal Payment Amount on such day, subject to a maximum equal to the Initial Senior Tranche Notional Amount.

More Definitions of Aggregate Principal Payment Amount

Aggregate Principal Payment Amount means, with respect to any Maturity Date, the sum of each Principal Payment Amount payable in respect of each Series of Senior Notes.