Principal Debt definition

Principal Debt means, at any time, the unpaid principal balance of all Borrowings.
Principal Debt means the aggregate unpaid principal balance of this Note at the time in question.
Principal Debt means the deferred amount to which interest, fees and charges are added;

Examples of Principal Debt in a sentence

  • If all or a portion of the Term Loan Principal Debt is paid or prepaid, then the amount so paid or prepaid may not be reborrowed.

  • When the Client makes a repayment to the Account, the Bank shall automatically calculate the Interest for the Loan for this date starting from a day following the last Settlement Date till the day of crediting the amount inclusive for the amount of the Principal debt and Overdue Principal Debt.

  • Available balance of the Credit Limit shall be increased by the amount of a repaid part of the Principal Debt until full restoration of the Credit Limit.

  • Closing balance at the end of the Settlement Period specified in the Statement shall include the amount of the Principal Debt, overdue principal debt and Unauthorized Overdraft (if any), including the amount of payments, commission fees and Interest written off from the Account.

  • In all instances, project proponents must provide substantial evidence that the project meets exemption criteria (see section IV below).


More Definitions of Principal Debt

Principal Debt means, at any time of determination thereof, the aggregate unpaid principal balance of all Loans.
Principal Debt means the aggregate unpaid principal balance of this Loan at the time in question.
Principal Debt means the amount calculated in accordance with section 101 (1) (a);
Principal Debt means, at the time determined, the unpaid principal balance of all Advances under this Agreement.
Principal Debt means all amounts owing to us by the Cardholder;
Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Borrowings under the Term Facility.