Principal Commitment definition
Examples of Principal Commitment in a sentence
The aggregate principal amount of the Variable Rate Bonds purchased by the Corporation on any Purchase Date shall not exceed the Available Principal Commitment on such date and the aggregate amount of the Purchase Price comprising interest on Variable Rate Bonds purchased by the Corporation on any Purchase Date shall not exceed the lesser of (1) the Available Interest Commitment and (2) the actual amount of interest accrued and unpaid on such Variable Rate Bonds to but excluding such date.
The aggregate Principal Component of all Advances made on any date shall not exceed the Available Principal Commitment on such date.
Each of the representations, warranties and agreements set forth therein shall be deemed to have been made as of the date of this Terms Agreement, on each Principal Commitment Date, and each Settlement Date.
Name of Assignor: Name of Assignee: Transfer Effective Date of Assignment: Credit Principal Commitment Facility Assigned Amount Assigned Percentage Assigned Revolving Credit Commitment $ % [NAME OF ASSIGNEE] [NAME OF ASSIGNOR] By: By: Name: Name: Title: Title: Date: Date: Domestic Lending Office: Eurodollar Lending Office: Accepted for recording in the Register: Consented to: W▇▇▇▇ FARGO HSBC TRADE BANK, TANDY BRANDS ACCESSORIES, INC.
The "Fee Calculation Amount" shall be the maximum amount then available to be drawn under the Letter of Credit with respect to the Principal Commitment plus, (ii) the maximum amount then available to be drawn under the Letter of Credit with respect to the Interest Commitment.
The Company’s right to issue any Principal Commitment Notices to ▇.
The Company’s right to issue any Principal Commitment Notices to Ladenburg, and the Ladenburg’s obligation to purchase the Placement Shares that are the subject of a Principal Commitment Notice is subject to (a) the satisfaction of the conditions set forth in Section 10 of the Sales Agreement and (b) that no restriction shall have been placed on the Designated Agent in clearing any principal trade under this Term Agreement.
Upon any repurchase of Series 2016 Bonds with proceeds of a Remarketing, a redemption of Series 2016 Bonds or a defeasance of Series 2016 Bonds to a date on or prior to the Initial Bonds Remarketing Date, the aggregate Available Principal Commitment shall be reduced, upon receipt by a Purchaser of Written notice of such occurrence from the Trustee, by the principal amount of the Series 2016 Bonds so repurchased, redeemed or defeased, as specified in such Written notice.
The aggregate Principal Component of all Revolving Loans made on any date shall not exceed the Available Principal Commitment on such date.
The aggregate principal amount of the Bonds purchased by the Corporation on any Purchase Date shall not exceed the Available Principal Commitment on such date and the aggregate amount of the Purchase Price comprising interest on Bonds purchased by the Corporation on any Purchase Date shall not exceed the lesser of (1) the Available Interest Commitment and (2) the actual amount of interest accrued and unpaid on such Bonds to but excluding such date.