Principal definition

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).

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Principal of a Security means the principal of the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in respect of, the Security.

Principal of a Security means the principal of the Security plus, when appropriate, the premium, if any, on the Security.

Examples of Principal in a sentence

Notwithstanding the foregoing, the Principal Amount of each Loan, all Interest thereon, together with all other Aggregate Unpaids, shall be due and payable, if not previously paid, on the Maturity Date.
Subject to receiving such notice, such Committed Lender shall advance a portion of the Principal Amount in an amount equal to the amount described in clause (ii) above, at or before 4:00 p.m., New York City time, on such Funding Date and otherwise in accordance with Section 2.01(d).
In any of the foregoing instances, the Borrower shall accept the release of each such affected Receivable from the Administrative Agent, and the aggregate Eligible Receivables Principal Balance shall be reduced by the Principal Balance (as of the end of the most recent Collection Period) of each such affected Receivable and, if applicable, increased by the Principal Balance of each such Substitute Receivable.
If the Conduit Lender shall have elected or be deemed to have elected not to make its Lender Advance of such Loan, the Committed Lender in such Lender Group shall make available on the applicable Funding Date an amount equal to the portion of the Loan that each such Conduit ▇▇▇▇▇▇ has not elected to fund, in an amount equal to its share of the Principal Amount to be funded.
If the Conduit Lender shall have elected or be deemed to have elected not to make its Lender Advance of such Loan, the Committed Lender in such Lender Group shall make available on the applicable Funding Date an amount equal to the portion of the Loan that each such Conduit L▇▇▇▇▇ has not elected to fund, in an amount equal to its share of the Principal Amount to be funded.

More Definitions of Principal

Principal means the head teacher of the Academy;

Principal of a Security means the principal of the Security plus the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time.

Principal of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

Principal of a debt security means the principal of the security plus the premium, if any, on the security.

Principal whenever used with reference to the Securities or any Security or any portion thereof, shall be deemed to include “and premium, if any”.

Principal of a Security means the principal amount of, and, unless the context indicates otherwise, includes any premium payable on, the Security.

Principal means an individual who grants authority to an agent in a power of attorney.