Applicable Principal Amount definition

Applicable Principal Amount means the aggregate principal amount of the Senior Notes that are components of Corporate Units.

Applicable Principal Amount means the aggregate principal amount of the Senior Notes that are part of Corporate Units on the Special Event Redemption Date.

Applicable Principal Amount means either (i) if the Tax Event Redemption Date occurs prior to February 16, 2001, the aggregate principal amount of the Debentures corresponding to the aggregate stated liquidation amount of the Preferred Securities which are components of Income PRIDES on the Tax Event Redemption Date or (ii) if the Tax Event Redemption occurs on or after February 16, 2001, the aggregate principal amount of the Debentures corresponding to the aggregate stated liquidation amount of the Preferred Securities outstanding on such Tax Event Redemption Date.

Examples of Applicable Principal Amount in a sentence

• The Company may prepay this Note (“Optional Redemption”) by paying to the Holder a sum of money equal to the Applicable Principal Amount (as defined below) together with accrued but unpaid interest thereon and any and all other sums due, accrued or payable to the Holder arising under this Note, the Purchase Agreement and/or any other Related Agreement (the “Redemption Amount”) outstanding on the Redemption Payment Date (as defined below).

• Upon the occurrence of a Tax Event Redemption prior to the Purchase Contract Settlement Date, the Redemption Price payable on the Tax Event Redemption Date with respect to the Applicable Principal Amount of Debt Securities shall be delivered to the Collateral Agent in exchange for the Pledged Debt Securities.

• Upon the occurrence of a Tax Event Redemption prior to the Purchase Contract Settlement Date, the Redemption Price payable on the Tax Event Redemption Date with respect to the Applicable Principal Amount shall be deposited in the Collateral Account in exchange for the Pledged Preferred Securities or the Pledged Senior Deferrable Notes.

• Upon the occurrence of a Tax Event Redemption prior to the Purchase Contract Settlement Date, the Collateral Agent will, upon the written instruction of the Company and the Purchase Contract Agent, deliver the Applicable Principal Amount of Pledged Debt Securities to the Trustee for payment of the Redemption Price.

• Upon the occurrence of a Tax Event Redemption prior to the Purchase Contract Settlement Date, the Redemption Price payable on the Tax Event Redemption Date with respect to the Applicable Principal Amount of Debentures shall be delivered to the Collateral Agent in exchange for the Pledged Preferred Securities.

More Definitions of Applicable Principal Amount

Applicable Principal Amount means the aggregate principal amount of the Notes which are components of Corporate Units on the Initial Remarketing Date.

Applicable Principal Amount means either (A) if the Tax Event Redemption Date occurs prior to the Purchase Contract Settlement Date, the aggregate principal amount of the Senior Deferrable Notes corresponding to the aggregate stated liquidation amount of the Preferred Securities that are components of the PEPS Units on the Tax Event Redemption Date or (B) if the Tax Event Redemption Date occurs on or after the Purchase Contract Settlement Date, the aggregate principal amount of the Senior Deferrable Notes corresponding to the aggregate stated liquidation amount of the Preferred Securities outstanding on such Tax Event Redemption Date.

Applicable Principal Amount means the aggregate principal amount of the Notes underlying the Applicable Ownership Interest in Notes that are components of the Corporate Units.

Applicable Principal Amount. Applicable Principal Amount as of any date ----------------------------- of determination, with respect to each $1,000 principal amount at maturity of XXXXx means the sum of the initial issue price of such XXXXx ($741.65) plus accrued original issue discount with respect to such LYON through such date of determination or, if no XXXXx are then outstanding, such sum calculated as if such XXXXx were then outstanding.

Applicable Principal Amount. Applicable Principal Amount as of any date of determination, with respect to each $1,000 principal amount at maturity of Debentures means the sum of the initial issue price of such Debenture ($306.56) plus accrued original issue discount with respect such Debenture through such date of determination or, if no Debentures are then outstanding, such sum calculated as if such Debentures were then outstanding.

Applicable Principal Amount means 100% of the Principal Amount outstanding at the time of such prepayment.

Applicable Principal Amount has the meaning specified in the Officer’s Certificate.