Periodic Principal definition

Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Securitization Bonds over the outstanding principal balance specified for such Payment Date on the Expected Amortization Schedule.
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Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Storm Recovery Bonds over the outstanding principal balance specified for such Payment Date on the Expected Sinking Fund Schedule.
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Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Nuclear Asset-Recovery Bonds over the outstanding principal balance specified for such Payment Date on the Expected Sinking Fund Schedule.
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Examples of Periodic Principal in a sentence

  • Periodic Principal and Interest Payment Securitization Amountof each Mortgage Loan.

  • Periodic Principal and Interest Payment Securitization Amount of each Mortgage Loan.

  • It is the obligation of the Borrower to provide sufficient Designated Revenues in such amounts and at such times as necessary to enable the Issuer to reimburse the Bank for all Principal Drawings made to pay the redemption price of all Periodic Principal Redemptions on the portion of the Bonds that are allocable to the Loan.

  • Appendix A to this Loan Agreement provides that a portion of the Bonds allocable to the Loan shall be payable through periodic redemptions in accordance with a schedule set forth therein, if any (the Periodic Principal Redemptions) and the Indenture provides that the redemption price payable at the time of each Periodic Principal Redemption on such Bonds shall be paid from the proceeds of a Principal Drawing under the Letter of Credit.

  • Immediately after each Principal Drawing to pay the redemption price of a Periodic Principal Redemption under the Bonds allocable to the Loan, the Trustee shall withdraw funds from the Borrower’s Principal Account in an amount equal to the amount of such Principal Drawing allocable to the Loan in order to reimburse Bank for principal paid in connection with such Principal Drawing.

  • In other regions of intervention, some persons related a number of individuals who have collaborated with CDLO were murdered.

  • It is on this back drop that the need for ICT instructional packages that is constructivist arises for the learned to be equipped with the ICT skills that would give them the opportunity to participate and thrive in the flexible work forces and the knowledge driven economy arise for the transformation of the pedagogical and methodological skills of the teacher.

  • A charge on gross income during each trust accounting year collected by the trustee calculated at the following rates: Based on income: 6.0%of first$20,0003.5%of next$10,0003.0%of next$270,0002.0%of excess over$300,000 (b) Periodic Principal Commissions.

  • Scheduled Redemptions and Periodic Principal Distribution Amounts:The Trustee will partially redeem the Certificates on each Periodic Distribution Date at the relevant Periodic Principal Distribution Amount in accordance with Schedule 1 (Periodic Principal Distribution Schedule) tothe Conditions and Condition 13.1 (Capital Distributions of the Issuer Trust – Scheduled Dissolution).Delivery Period: From, and including, the Closing Date to, and including, the second Periodic Distribution Date.

  • Periodic Principal and Interest Payment Securitization Amountof each Mortgage Loan (except for the August 2018 First Due Date Mortgage Loans).


More Definitions of Periodic Principal

Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Deferred Fuel Cost Bonds over the outstanding principal balance specified for such Payment Date on the Expected Sinking Fund Schedule.
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Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Bonds over the outstanding Unrecovered Balance for such Payment Date.
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Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of the Securitized Bonds over the outstanding Projected Unrecovered Balance specified for such Payment Date on the Expected Amortization Schedule.
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Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Texas Stabilization N Bonds over the outstanding Unrecovered Balance specified for such Payment Date on the Expected Amortization Schedule.
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Periodic Principal means, with respect to any Payment Date, the excess, if any, of the Outstanding Amount of Securitization Bonds over
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Related to Periodic Principal

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

  • Periodic Payments means all installments or similar recurring payments that Borrower may now or hereafter become obligated to pay to Bank pursuant to the terms and provisions of any instrument, or agreement now or hereafter in existence between Borrower and Bank.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Principal means an officer, director, owner, partner, or a person having primary management or supervisory responsibilities within a business entity (e.g., general manager; plant manager; head of a division or business segment; and similar positions).