Principal Outstanding Amount definition

Principal Outstanding Amount means, in respect of a Bond (of the Specified Denomination) on any date, the Specified Denomination less the aggregate amount of all principal payments in respect of that Bond that have been paid and shall not include any premium paid in respect of that Bond.
Principal Outstanding Amount means, on any date, in respect of any IC Loan the principal outstanding amount on the date such IC Loan was granted to the Asset Purchaser less the aggregate amount of all principal paid to the Issuer up to such date in respect of such IC Loan;
Principal Outstanding Amount. Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of any occurrence or event which gives rise to a claim under the Policy, less the portion of principal component included in the EMIs, payable but not paid, from the date of the loan agreement till the date of such occurrence or event. For the purpose of avoidance of doubt, it is clarified that any:

Examples of Principal Outstanding Amount in a sentence

  • Unless previously redeemed, or purchased and cancelled, the Bonds will be redeemed at their Principal Outstanding Amount on the Maturity Date, subject as provided in Condition 6 (Payments).

  • If at any time while any of the Bonds is outstanding a Change of Control Event or a Breach of Covenants occurs, each Bondholder will have the option to require the Issuer to redeem all or part of its Bonds on the Optional Redemption Date at an amount equal to 100 per cent of its Principal Outstanding Amount, together with any interest accrued thereon to (but excluding) the Optional Redemption Date (the Put Option).

  • So long as any of the Bonds is outstanding, the Issuer shall procure that the annual consolidated financial statements of the Issuer (in IFRS standard) reflects as a cash reserve under the item “Trésorerie” an amount of cash in excess of a sum equivalent to two years of the Rate of Interests as defined under Condition 4 (Interest) calculated on the Principal Outstanding Amount (the First Financial Covenant).

  • For the avoidance of doubt, non-compliance with the Financial Information Covenant will not constitute an Event of Default but each Bondholder will have the option to require the Issuer to redeem, or, at the Issuer's option, to procure the purchase of, all or part of the Bonds held by such Bondholder(s) at its Principal Outstanding Amount together with (or, where purchased, together with an amount equal to) accrued interest to the date fixed for redemption.


More Definitions of Principal Outstanding Amount

Principal Outstanding Amount means the principal amount of the Loan outstanding as on the date of an Insured Event. For the purpose of avoidance of doubt, it is clarified that any:
Principal Outstanding Amount means, at any time, the then outstanding unpaid principal amount of the Notes. “Quasi-Security” has the meaning given to that term in section 4(a)(2).
Principal Outstanding Amount means, at any time, the Dollar Equivalent of the aggregate outstanding principal amount of the Loans at such time.
Principal Outstanding Amount means, at any time, the then outstanding unpaid principal amount of the Notes.
Principal Outstanding Amount of Principal Invested Amount Purchased Repurchase Made Balance Amount ---------------- ---------------- ------- ------ EXHIBIT B TO SERIES 1999-2 SUPPLEMENT FORM OF INVESTMENT LETTER The Chase Manhattan Bank 000 Xxxx 00xx Xxxxxx 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Capital Markets Fiduciary Services, Stone Receivables Corporation Ladies and Gentlemen: In connection with our proposed purchase of a one or more Floating Rate Trade Receivables-Backed Certificates, Series 1999-2 (the "Series 1999-2 Certificates"), representing a fractional undivided interest in the Stone Receivables Corporation Master Trust, issued under the Series 1999-2 Supplement, dated as of October 15, 1999 (the "Supplement"), among Stone Receivables Corporation, as Transferor, Stone Container Corporation, as Servicer and The Chase Manhattan Bank, as Trustee, we confirm that:

Related to Principal Outstanding Amount

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Outstanding Amount means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date of determination.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Total Outstandings means the aggregate Outstanding Amount of all Loans and all L/C Obligations.

  • Total Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all L/C Obligations.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Principal Amount Outstanding means, in respect of a Covered Bond on any day the principal amount of that Covered Bond on the relevant Issue Date thereof less principal amounts received by the relevant Covered Bondholder in respect thereof on or prior to that day.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments and Revolving Credit Exposure of such Lender at such time.

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.