PRINCIPAL IN definition

PRINCIPAL IN. RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN). THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED). UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. HOME EQUITY LOAN PASS-THROUGH CERTIFICATE, SERIES 1997-HE1 evidencing a beneficial ownership interest in a trust fund which consists primarily of a pool of closed-end, fixed rate, home equity loans sold and serviced by GE CAPITAL MORTGAGE SERVICES, INC. No. R- Initial Class A2 Certificate Principal Balance: Class A2 $47,808,000.00 Certificate Interest Initial Certificate Principal Rate per annum: 6.9400% Balance of this Certificate: $ Cut-off Date: March 1, 1997 First Distribution Date: CUSIP: 36157T4C2 April 25, 1997 THIS CERTIFIES THAT xx xxx xxgistered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the initial Certificate Principal Balance of this Certificate by the aggregate initial Certificate Principal Balance of all Class A2 Certificates, both as specified above) in certain distributions with respect to the Trust Fund, consisting primarily of a pool (the "Pool") of closed-end, fixed rate, home equity loans (the "Mortgage Loans"), sold and serviced by GE Capital Mortgage Services, Inc., a corporation organized and existing under the laws of the State of New Jersey (the "Company"). The Trust Fund was created pursuant to a Pooling and Servicing Agreement ...
PRINCIPAL IN. RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN). THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
PRINCIPAL IN. RESPECT OF THIS CLASS A-1 CERTIFICATE IS PAYABLE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE UNPAID PRINCIPAL BALANCE EVIDENCED HEREBY AT ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL AMOUNT SET FORTH BELOW. TFC HOME EQUITY LOAN TRUST 1997-1 TFC HOME EQUITY LOAN ASSET-BACKED CERTIFICATES Class A-1 Certificate Certificate No. A-1-_ CUSIP No. 87238NAA8 Cut-Off Date: October 31, 1997 Pass-Through Raxx (0) % First Payment Date: December 26, 1997 Initial Class A-1 Principal Amount: $24,564,000 Final Scheduled Payment Date: April, 2007 Class A-1-_ Certificate Balance: $24,564,000

Examples of PRINCIPAL IN in a sentence

  • PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE AGREEMENT (AS DEFINED HEREIN).

  • PRINCIPAL IN RESPECT OF THIS NOTE IS PAYABLE AS SET FORTH HEREIN.

  • Rule 1003-1 DESIGNATION OF PRINCIPAL IN INVOLUNTARY CASES All involuntary petitions relating to corporate and partnership debtors shall include a designation of the individual who is the principal operating officer or managing general partner, as the case may be, of the alleged debtor together with the address and phone number of the person so designated.

  • PERSONAL HISTORY STATEMENT OF PRINCIPALS AND ASSOCIATES (Furnish complete data but keep to essentials) NAME (Last, First, Middle Initial) YEARS OF EXPERIENCE AS PRINCIPAL IN THIS FIRM AS PRINCIPAL IN OTHER FIRMS OTHER THAN PRINCIPAL EDUCATION (Degree, Year, Specialization) MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS REGISTRATION (Type, Year, State) 14.

  • Except as otherwise provided in the Agreement, the final distribution on this Certificate will be made in the applicable manner described above, after due notice by the Trustee of the pendency of such distribution and only upon presentation and PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE AGREEMENT (AS DEFINED HEREIN).

  • IT IS NOT A WARRANTY OF ANY KIND BY THE OWNER OR ANY AGENTS REPRESENTING ANY PRINCIPAL IN THIS TRANSACTION AND IS NOT A SUB- STITUTE FOR ANY INSPECTIONS OR WARRANTIES THAT THE PRINCIPALS MAY WISH TO OBTAIN.

  • THE PRINCIPAL, IN CONSULTATION WITH THE PASTOR, IS THE FINAL RECOURSE IN ALL DISCIPLINARY SITUATIONS.

  • THE BANK EXPRESSLY ASSUMES THE RESPONSIBILITY TO DESIGN THE CD’S OR NON-CERTIFICATE ACCOUNT(S) SO THAT NO SUCH DEDUCTION CAN BE ASSESSED AGAINST THE COMMONWEALTH’S RIGHT TO THE FULL AMOUNT OF PRINCIPAL IN THE AFORESAID CD’S OR NON-CERTIFICATE ACCOUNT(S).

  • IF YOU DO NOT WANT YOUR CHILD’S PICTURES, NAME, VIDEOS, OR WORK USED, PLEASE NOTIFY THE SCHOOL PRINCIPAL IN WRITING WITHIN THE FIRST TWO WEEKS THAT YOUR CHILD IS ENROLLED.By signing I agree that I have received, read, and understand the above listed materials.

  • PRINCIPAL IN CHARGE Name of Principal Engineer's Registration No. in Wisconsin Flat hourly rate for principalParticipation of Disadvantaged Business Enterprises at the rate of 10% will be required.


More Definitions of PRINCIPAL IN

PRINCIPAL IN respect of this Class A-3 Note is payable monthly as set forth herein. This Class A-3 Note does not represent any interest in or obligation of Advanta Business Services Corp. ("Advanta") or any Affiliate of Advanta, other than the Series Obligors. Neither the Class A-3 Notes nor the Contracts are insured by any governmental agency. CUSIP: 00757Q AC 1 Class A-3 Note $23,300,000 Class A-3 Xxxxxxx Xxxxxxxxxx Xx. X-0 Principal Balance Interest: 100% The Series Obligors, for value received, hereby promises to pay to CEDE & CO. the principal sum of Twenty Three Million Three Hundred Thousand Dollars ($23,300,000) in monthly installments and to pay interest monthly in arrears on the unpaid portion of said principal sum (and, to the extent that the payment of such interest shall be legally enforceable, on any overdue installment of interest on this Note) on the 15th day of each month or, if such 15th day is not a Business Day, the Business Day immediately following (each, a "Payment Date"), commencing in May 15, 1998, for the period commencing on and including the immediately preceding Payment Date (or on the Closing Date with respect to the initial Payment Date) and ending on and including the day immediately preceding such Payment Date, until such unpaid principal is fully paid, at a rate per annum equal to 5.93% (the "Class A-3 Interest Rate"); provided, however, that interest on any amount of principal or interest that is not timely paid when due shall accrue interest until paid at the Class A-3 Interest Rate plus 1%. The Series Obligors hereby agree to pay to such registered holder its pro rata share of the amounts which all Class A-3 Noteholders are entitled to receive, as hereinafter set forth in this Class A-3 Note and as more fully set forth in the Master Business Receivables Asset-Backed Financing Facility Agreement, dated as of May 1, 1997 79 (the "Master Facility Agreement"), among Advanta, as servicer (the "Servicer"), Advanta Leasing Receivables Corp. III, as obligors' agent (the "Obligors' Agent") and The Chase Manhattan Bank, as trustee (the "Trustee"), and the Series 1998-1 Supplement to the Master Facility Agreement, dated as of April 14, 1998 (the "Series Supplement," and together with the Master Facility Agreement, the "Agreement"), among the Servicer, the Obligors' Agent, the Series Obligors and the Trustee, at all times from the sources and on the terms and conditions hereinafter set forth and as more fully set forth in the Agreement. This Cl...
PRINCIPAL IN respect of this Class B-1 Note is payable monthly as set forth herein. This Class B-1 Note does not represent any interest in or obligation of First Sierra Financial, Inc. ("First Sierra"), First Sierra Receivables III, Inc. (the "Depositor") or any Affiliate of First Sierra or the Depositor or First Union Trust Company, National Association. Neither the Class B-1 Notes nor the Contracts are insured by any governmental agency.
PRINCIPAL IN respect of this Class A Certificate is payable monthly as set forth herein, after an initial interest-only period which is scheduled to end on the November 1997 Payment Date, but which may end earlier if a Required Amortization Event occurs earlier. Accordingly, the unpaid principal balance of the Class A Percentage Interest evidenced hereby may be less than the initial principal amount set forth below. This Class A Certificate does not represent any interest in or obligation of the Depositor, First Sierra Financial, Inc. ("First Sierra"), or any Affiliate of any of them. Neither the Class A Certificates nor the Leases are insured by any governmental agency. CUSIP: 33640XXX0 Class A Certificate $63,381,510 Initial Percentage No. A-1 Principal Amount Interest: 100% THIS CERTIFIES THAT CEDE & CO. is the registered owner of a SIXTY-THREE MILLION THREE HUNDRED EIGHTY-ONE THOUSAND FIVE HUNDRED TEN DOLLARS ($63,381,510) nonassessable, fully-paid, 100% Class A Percentage Interest in the Class A 134 Certificates issued by First Sierra Equipment Trust 1996-2 (the "Trust") formed by the Depositor. The Trust hereby agrees to pay to such registered holder its pro rata share (based on the aggregate Class A Percentage Interest held by such registered Holder) of the amounts which all Holders of the Class A Certificates are entitled to receive, as hereinafter set forth in this Class A Certificate and as more fully set forth in the Agreement (defined below), at all times from the sources and on the terms and conditions hereinafter set forth and as more fully set forth in the Agreement. The property of the Trust includes a pool of equipment finance leases, installment sale contracts and loan contracts (the "Leases"), the equipment financed or leased thereby, if any, (the "Equipment"), all Scheduled Payments, Residual Receipts, Defaulted Residual Receipts and other monies due thereunder after November 1, 1996 (the "Cut-Off Date"), and other property. The Trust was created pursuant to the Pooling and Servicing Agreement (the "Agreement"), dated as of November 1, 1996, by and among First Sierra, as Servicer, the Depositor and Bankers Trust Company, as trustee of the Trust (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth below. To the extent not otherwise defined herein, the capitalized terms used herein have the meanings assigned to them in the Agreement. This Class A Certificate is one of the duly authorized Class A Certificates designat...
PRINCIPAL IN respect of this Class A-1 Note is payable monthly as set forth herein and the Agreement (as defined herein). This Class A-1 Note does not represent any interest in or obligation of Advanta Business Services Corp. ("Advanta") or any Affiliate of Advanta, other than the Series Obligors. Neither the Class A-1 Notes nor the Contracts are insured by any governmental agency.

Related to PRINCIPAL IN

  • Principal Investigator means the Personnel who is identified as principally responsible for the performance and supervision of research associated with a Contract.

  • Principal Investors means the “principal investors” as defined in the Stockholders Agreement.

  • Principal instructor means the individual who has the primary responsibility for organizing and teaching a particular course.

  • Principal Holder means the original Holder of this Warrant on the date of issue, or if such original Holder so elects, any transferee of all or any portion of this Warrant whom such original Holder shall have designated by written notice to the Company as the successor Principal Holder. Any successor Principal Holder designated pursuant to the immediately preceding sentence shall also have the right upon any subsequent transfer to designate a successor Principal Holder in the manner described above.

  • Class B-1 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-2 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Executive Directors means the Wholetime Director and the Managing Director of the Company;

  • Class B-6 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Clinical Director means an individual who meets the minimum requirements set forth in Title 9, CCR, and has at least two (2) years of full-time professional experience working in a mental health setting.

  • Executive Director means the executive director of the Department of Commerce.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Executive Chairman means the Executive Chairman of the Board.

  • Non-Executive Directors means the Directors who are not in whole time employment of the Company.

  • Class B-4 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-3 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Innovative control technology means any system of air pollution control that has not been adequately demonstrated in practice, but would have a substantial likelihood of achieving greater continuous emissions reduction than any control system in current practice or of achieving at least comparable reductions at lower cost in terms of energy, economics, or non-air quality environmental impacts.

  • Clinical Staff means those employees of a provider who are responsible for providing clinical services to clients.

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • scientific research means any activity in the field of natural or applied science for the extension of knowledge;

  • College board means the state board for community and

  • Biological diversity means the variability among living organisms from all sources including, inter alia, terrestrial, marine and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species and of ecosystems.

  • Non-Executive Director means a member of the Board of Directors who does not hold an executive office with the Trust.

  • Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is $56,250,000.

  • High-technology activity means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.

  • Class B Initial Invested Amount means the aggregate initial principal amount of the Class B Notes, which is $26,000,000.