Average Principal Amount definition
Average Principal Amount means, for any period, the amount equal to (x) the sum of the respective aggregate outstanding principal amounts of the applicable Indebtedness as of the end of each of the most recent thirteen fiscal months of the Company that have ended at or prior to the end of such period, divided by (y) 13.
Average Principal Amount for any period, the amount equal to (a) the sum of the respective aggregate outstanding principal amounts of the Indebtedness of the Parent Borrower and its Restricted Subsidiaries (other than Special Purpose Subsidiaries) as of the end of each of the most recent thirteen fiscal months of the Parent Borrower that have ended at or prior to the end of such period divided by (b) 13.
Average Principal Amount means for any period the sum of the Principal Amounts on each day of such period divided by the number of days in such period.
More Definitions of Average Principal Amount
Average Principal Amount means, for any period, the amount equal to (x) the sum of the respective aggregate outstanding principal amounts of the applicable Indebtedness as of the
Average Principal Amount means an amount equal to the quotient of: (a) the sum of the end of month outstanding Principal Amount balances (after deducting any Company Optional Prepayment Amounts paid to date) for each complete calendar month from the Issuance Date through the Change of Control Payment Date divided by (b) the number of complete calendar months used for purposes of the calculation in clause (a).](11)