Principal Claim definition

Principal Claim means all obligations and liabilities (whether present or future, actual or contingent, and whether incurred jointly or severally, and whether as principal, guarantor or in some other capacity) at any time owing or incurred by the Issuer to the Bondholders (or any of their successors, transferees or assigns) under or in connection with the Bond Terms or any other Finance Document as the same may be amended, supplemented, extended or restated from time to time (including by way of novation), however fundamental any amendment, supplement, extension or restatement may be, including (without affecting the generality of the foregoing) if the amendment, supplement, extension or restatement would result in (a) a change of the purpose, increase, extension or restructuring of any kind (in whole or in part and including as to its type) of the Bonds; and/or (b) an additional bonds being made available under the Bond Terms.

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Principal Claim has the meaning given to that term in clause 10.4;

Principal Claim refers to the Second Payment under the Equity Purchase Agreement; the total value of the Principal Claim is RMB734,505,724.57.

Examples of Principal Claim in a sentence

The aggregate amount of all Noteholders’ claims for principal, excluding any accrued and unpaid interest, as of the Claims Record Date is referred to herein as the "Noteholders’ Principal Claim Amount".
Any obligations and joint liabilities under the Contract shall bear continuity, which legally binds Debtor’s successors, receivers, transferee and entities after D▇▇▇▇▇’s M&A, reorganization or name change, free from any disputes, claims, prosecutions, superior’s orders, or any contracts or files signed between Principal Claim Contract Debtor and any other persons.
The Creditor’s Claim guaranteed by this Agreement (“Guaranteed Claim”) shall be the Creditor’s Claim against the Debtor in connection with any loan, facility or credit in any form whatsoever (collectively, “Facility”) provided by the Lender under the Master Agreement, including but not limited to the Principal Claim, interest (including default interest and compound interest), liquidated damages, damages and costs incurred by the Creditor in realizing the Creditor’s Claim.
It’s mutually agreed that the RMB Loan Contract referred as (2009) X▇▇ ▇▇▇ ▇▇▇ Dai Zi made between Mortgagee and Debtor, under which the principal contemplated is RMB 5,000,000 (five million), is deemed as part of the Principal Claim defined herein.
The scope of mortgage shall cover all the debts of Mortgagers under the Equity Purchase Agreement, including but not limited to the Principal Claim, interest, liquidated damage, indemnification, and other fees (if any) under the Equity Purchase Agreements (collectively, “Secured Debt”).
The scope of the Guaranty guaranty of maximum amount provided by Party B includes the Principal Claim and the interest thereof (including compound interest and default interest, similarly hereinafter), default fine, compensation for damage and expenses of Party A for enforcing the claim (including but not limited to legal cost, arbitration fee, property preservation charge, travel expense, notarial fee, execution fee, attorney fee, eligibility fee, auctioneers fee, etc., and the same below).
Any obligations and joint liabilities under the Contract shall bear continuity, which legally binds Debtor’s successors, receivers, transferee and entities after Debtor’s M&A, reorganization or name change, free from any disputes, claims, prosecutions, superior’s orders, or any contracts or files signed between Principal Claim Contract Debtor and any other persons.
Any obligations and joint liabilities under the Contract shall bear continuity, which legally binds De▇▇▇▇’▇ successors, or agents free from any disputes, claims, prosecutions, superior’s orders, or any contracts or files signed between Principal Claim Contract Debtor and any other persons.
Any insurance benefits, damages or compensations shall be first used to liquidate the Principal Claim, or as agreed by the Mortgagee, be used to restore the value of mortgaged properties, or be deposited into an account specified by the Mortgagee for fulfillment of debts under the Master Contract.
Any obligations and joint liabilities under the Contract shall bear continuity, which legally binds Debtor’s successors, receivers, transferee and entities after ▇▇▇▇▇▇’s M&A, reorganization or name change, free from any disputes, claims, prosecutions, superior’s orders, or any contracts or files signed between Principal Claim Contract Debtor and any other persons.

More Definitions of Principal Claim

Principal Claim means the Bank’s claim against the Customer under a Letter of Credit issued within Limit 1 or a Guarantee issued within Limit 2 or under a Guarantee Agreement. The Principal Claim becomes due and payable if the Bank takes the action described in Chapter 5 § 3 of the GCF.

Principal Claim means, for each Unsecured Creditor, the amount of principal owed to such Unsecured Creditor in respect of Unsecured Bank Debt and Unsecured Bond Debt prior to giving effect to the Restructuring.