Principal Payment Date definition
Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.
Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, each Scheduled Principal Payment Date, or upon the acceleration of such Series, Class or Tranche of Notes following an Event of Default or upon the occurrence of an Early Amortization Event, or other optional or mandatory redemption of such Series, Class or Tranche of Notes, each Monthly Principal Accrual Date.
Principal Payment Date. The Maturity Date, or the earlier date of redemption or repayment, if any (whether such redemption or repayment is in whole or in part).
Examples of Principal Payment Date in a sentence
On each Principal Payment Date or prepayment date and as otherwise required hereunder or at the written direction of the Funding Lender, the Fiscal Agent shall transfer such amounts from the Prepayment Fund to the Funding Loan Fund and used to prepay the Borrower Note and the Governmental Note pursuant to the provisions thereof.
The principal amount to be paid on each such Principal Payment Date shall be calculated such that, when added to the amount of interest due and payable, as provided in Section 2.2(a), during the twelve months ending on such Principal Payment Date, the total amount of interest and principal due and payable during each such twelve-month period will be approximately equal.
More Definitions of Principal Payment Date
Principal Payment Date means the Stated Maturity of principal of any Serial Note and the Sinking Fund Payment Date for any Term Note.
Principal Payment Date means any date on which the principal (including mandatory sinking fund redemption payments) of the Senior Bonds becomes due and payable.
Principal Payment Date means the Stated Maturity Date, the Redemption Date or the Optional Repurchase Date, as the case may be.
Principal Payment Date means each date specified in the Loan Agreement on which all or any portion of the principal amount of the Loan is payable.
Principal Payment Date when used with respect to any Security, means the Stated Maturity of an installment of Principal on such Security.
Principal Payment Date means each date specified in the Loan Agreement on which all or any portion of the principal amount of the Loan is payable;
Principal Payment Date means the Initial Principal Payment Date and each Quarterly Payment Date thereafter.