Outstanding P&I definition

Outstanding P&I means the aggregate amount of principal and interest outstanding under all Loans, as of the date of determination plus any accrued and unpaid Agent Fees and Undrawn Fees.
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Examples of Outstanding P&I in a sentence

  • Outstanding P&I Advances include the current period P&I Advances and may include Servicer and Trust Advances.

  • The Borrower may, at any time, terminate, or from time to time reduce, the Commitments provided that each partial reduction of the Commitments shall be in an amount that is One Million Dollars ($1,000,000) or a larger multiple of Five Hundred Thousand Dollars ($500,000); provided that no such reduction shall reduce the Commitments such that the amount of Outstanding P&I exceeds the Total Loan Commitment.

  • Upon the prepayment of principal by the Borrower in an amount such that the removal of the Net Cash Flow of a Subject Fund from the calculation of the Available Borrowing Base would not cause the Outstanding P&I to exceed the pro forma Available Borrowing Base, such Subject Fund shall no longer be subject to the Financing Documents, and the Borrower shall be entitled to the release of the Collateral with respect to such Subject Fund.

  • Notwithstanding anything to the contrary in Section 2.1(a)(i), the aggregate amount of each Borrowing shall not cause the Outstanding P&I (including the amounts of the requested Borrowing) to exceed the Available Borrowing Base set forth in the Borrowing Base Certificate related to such Borrowing.

  • Outstanding P&I Advances include the current period P&I Advances and may include Servicer Advances.

  • Foreclosure ** Outstanding P&I Advances include the current period P&I Advances and may include Servicer Advances.

  • Outstanding P&I Advances include the current period P&I Advances and include Servicer Advances.

  • UNINSURED PI CLAIMS SCHEDULE 3.1 As soon as practicable following the Outstanding PI Claims Determination Date, and in any event within 40 Business Days thereafter, WWL shall prepare and deliver to WWLLP the Uninsured PI Claims Schedule which shall set out WWL's summary of the Outstanding PI Claims and the Uninsured PI Claims Amount.

  • As of the Effective Date, Investor hereby converts all of the Outstanding P&I on the Investor Bridge Notes into shares of Series D Preferred Stock, at the conversion rate of $1.00 per share (collectively, the “Series D Conversion Shares”).

  • Foreclosure -------------------------------------------------------------------------------------------------------------------------------- ** Outstanding P&I Advances include the current period P&I Advances and may include Servicer Advances.

Related to Outstanding P&I

  • Outstanding Principal Amount means, in respect of a Covered Bond, its principal amount less, in respect of any Instalment Covered Bond, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.06 or otherwise as indicated in the Final Terms.

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Outstanding Units means, as of the date of determination, all Normal Units or Stripped Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.

  • Outstanding Parity Bonds means the Outstanding Series 2010B Bonds, Series 2011A Bonds, Series 2012A Bonds, Series 2014 Bonds, Series 2015 Bonds, Series 2016 Bonds, Series 2017 Bonds, and Series 2019A Bonds.