Outstanding Principal Amount definition

Outstanding Principal Amount means, on any date in respect of any Series of Covered Bonds or, where applicable, in respect of all Series of Covered Bonds:

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 Principal Amount means with respect to any one or more Series, Classes, Subclasses or Tranches of Notes, as applicable at any time, the aggregate principal amount Outstanding of such Notes at such time.

Examples of Outstanding Principal Amount in a sentence

• Each such Voluntary Decrease in respect of any Advances shall be either (i) in an aggregate minimum principal amount of $200,000 and integral multiples of $100,000 in excess thereof or (ii) in such other amount necessary to reduce the Series 2022-1 Class A-1 Outstanding Principal Amount to zero.

• The failure to make any such endorsement or any error in any such endorsement shall not affect the obligations of the Issuer in respect of the Series 2022-1 Class A-1 Outstanding Principal Amount.

• Such payments shall be ratably allocated among the Series 2022-1 Noteholders within each applicable Class based on their respective portion of the Series 2022-1 Outstanding Principal Amount of such Class (or, in the case of the Series 2022-1 Class A-1 Noteholders, in accordance with the order of distribution of principal payments set forth in Section 4.02 of the Series 2022-1 Class A-1 Note Purchase Agreement).

• The Series 2022-1 Class A-1 Administrative Agent shall record any Increases or Decreases with respect to the Series 2022-1 Class A-1 Outstanding Principal Amount such that, subject to Section 4.1(d), the principal amount of the Series 2022-1 Class A-1 Advance Notes that are Outstanding accurately reflects all such Increases and Decreases.

• Such payments shall be ratably allocated among the Series 2024-1 Class A-2 Noteholders based on their respective portion of the Series 2024-1 Class A-2 Outstanding Principal Amount.

More Definitions of Outstanding Principal Amount

Outstanding Principal Amount means, at the time of determination, the Principal Amount outstanding after giving effect to any conversions or prepayments pursuant to the terms hereof.

Outstanding Principal Amount means, at the time of determination, the Principal Amount outstanding after giving effect to any adjustments, conversions or prepayments pursuant to the terms hereof.

Outstanding Principal Amount means, in respect of a Note, the outstanding principal amount of such Note, as adjusted from time to time for any reduction as required by then current legislation and/or regulations applicable to the Issuer and “Outstanding Principal Amounts” means the sum of the Outstanding Principal Amount of each Note;

Outstanding Principal Amount means, in respect of a Note:

Outstanding Principal Amount means, in respect of an Instrument, its principal amount less, in respect of any Instalment Instrument, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.11 or, in the case of a Partly Paid Instrument, the Paid Up Amount of such Instrument or otherwise as indicated in the relevant Final Terms except that the Paid Up Amount shall be deemed to be nil for Instruments which have been forfeited by the Issuer on or after the Forfeiture Date as provided for in Condition 1.8.

Outstanding Principal Amount means, in respect of an Instrument, its principal amount less, in respect of any Instalment Instrument, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.6 or, in the case of a Partly Paid Instrument, the Paid Up Amount of such Instrument or otherwise as indicated in the Final Terms.

Outstanding Principal Amount means, in respect of a Covered Bond, its principal amount outstanding or otherwise as specified in the Final Terms or Pricing Supplement;