Prepaid Principal definition

Prepaid Principal means, with respect to any Term Loan, the principal amount of such Term Loan that is to be prepaid.

Prepaid Principal means, the principal of the Loans prepaid, repaid or refinanced during the “no call period” set forth in Section 2.04(a) or which has been declared to be immediately due and payable pursuant to Section 8.02 during such “no call period”, but excluding such principal constituting the Permitted No-Call Prepayment or any mandatory prepayment pursuant to Section 2.04(b) or (c).

Prepaid Principal as defined in the definition of the term "Makewhole Amount."

Examples of Prepaid Principal in a sentence

• The Prepaid Principal Amount (as defined below) will be applied to the LIBOR Option Advance being prepaid as Bank shall determine in its sole discretion.

• In addition, the Certificate Prepayment Fee Amount, if any, shall be distributed on each Payment Date to the Holders of the Class B-R Certificates to the extent such Class is receiving a distribution of Prepaid Principal Amount on such date.

• In addition, the Certificate Prepayment Fee Amount, if any, shall be distributed on each Payment Date to the Holders of the Class A Certificates to the extent such Class is receiving a distribution of Prepaid Principal Amount on such date.

• In addition, the Certificate Prepayment Fee Amount, if any, shall be distributed on each Payment Date to the Holders of the Class A-R Certificates to the extent such Class is receiving a distribution of Prepaid Principal Amount on such date.

• If Borrower makes any payment of Prepaid Principal (voluntarily or not), and if the Applicable Rate with respect to such Prepaid Principal is not a Variable Prime-Based Rate, then Borrower shall pay to the Bank an amount sufficient to compensate the Bank for its Prepayment Costs.

More Definitions of Prepaid Principal

Prepaid Principal. Reference Rate", "Statistical Release" or "Treasury Rate"), (C) change the percentage of holders of Notes required to accelerate the Notes, or (D) modify any provision of this Section, and

Prepaid Principal means, with respect to this Note, the principal of such Note that is to be prepaid, whether voluntarily by the Company or subject to demand by the Holder.

Prepaid Principal has the meaning set forth in Section 2.5(b) hereof.

Prepaid Principal means, with respect to any Term Note, the principal of such Term Note that is to be prepaid pursuant to Section 2.9 or 2.10 or has become or is declared to be immediately due and payable pursuant to Article VII, as the context requires.

Prepaid Principal means the amount equal to the amount of principal actually being prepaid; and

Prepaid Principal shall have the meaning provided in Section 4.1(b).

Prepaid Principal has the meaning set forth in Section 1.8.