Outstanding Principal definition

Outstanding Principal means the total of the Purchase Price.

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Outstanding Principal means, on any given date and in relation to any Receivable, the sum of all (i) Principal Instalments due but unpaid at such date; and (ii) the Principal Instalments not yet due at such date.

Outstanding Principal means, at any time, the aggregate principal amount of all outstanding Loans.

Examples of Outstanding Principal in a sentence

• With respect to any amendment for which clauses (a) or (b) of the immediately preceding sentence cannot be satisfied, this Agreement can be amended with the consent of the Noteholders of a majority of the Outstanding Principal Balance of the Notes of each adversely affected Series.

• For the purpose of determining standby fees, the Agent and the relevant Operating Lender shall determine the Outstanding Principal assuming the exchange rate for each day of any month is the Exchange Rate for conversions of United States Dollars to Canadian Dollars established by the Bank of Canada for the first day of such month.

• Subject to Section 2.18, the Outstanding Principal under a given Canadian Credit Facility shall not exceed the maximum principal amount of such Canadian Credit Facility.

• In addition, the U.S. Borrower may make Drawdowns and Rollovers under the U.S. Credit Facilities of Letters of Credit denominated in United States Dollars; provided that the Outstanding Principal of Letters of Credit outstanding under the U.S. Syndicated Facility shall not exceed U.S.$50,000,000 at any time.

• The issuance of Letters of Credit shall constitute Drawdowns or Rollovers (as applicable) hereunder and shall reduce the availability of the applicable Credit Facility by the aggregate Outstanding Principal of Letters of Credit under such Credit Facility.

More Definitions of Outstanding Principal

Outstanding Principal means, at any time, the aggregate of (a) the Equivalent Amount in United States Dollars of the principal of all outstanding Canadian Prime Rate Loans (b) the principal amount of all outstanding U.S. Base Rate Loans and Libor Loans, and (c) the Equivalent Amount in United States Dollars of the amounts payable at maturity of all outstanding Bankers’ Acceptances and BA Equivalent Advances.

Outstanding Principal means the aggregate, at any time, of:

Outstanding Principal means, on any given date and in relation to any Receivable, the sum of all

Outstanding Principal means the principal amount outstanding at the Termination Date of each borrowing (other than any borrowing under any equity bridge facility) under the [Credit Agreement]

Outstanding Principal means the Number of Capital Certificates multiplied by the Nominal Value.

Outstanding Principal means, at any time, the aggregate of (i) the principal amount of all outstanding Canadian Prime Rate Loans, (ii) the Equivalent Amount in Canadian Dollars of the principal amount of all outstanding U.S. Base Rate Loans and Libor Loans, (iii) the amounts payable at maturity of all outstanding Bankers' Acceptances and BA Equivalent Advances, (iv) the maximum amount available to be drawn under all outstanding Letters of Credit denominated in Canadian Dollars, and (v) the Equivalent Amount in Canadian Dollars of the maximum amount available to be drawn under all outstanding Letters of Credit denominated in United States Dollars.

Outstanding Principal means, on any relevant date, in relation to any Receivable, the aggregate of the Principal Instalments not yet due.