Principal Repayment definition

Principal Repayment means the repayment by or for and on behalf of the Borrower to the Lenders of all or a portion of any principal outstanding to the Lenders under the Credit Facilities.

Principal Repayment means any repayment of principal of any SCF Loan or any other financial product provided by the Implementing Entity in respect of a SCF Project with the SCF Trust Fund resources, which is due to be returned to the SCF Trust Fund under the terms of the pertinent SCF funding approved by the relevant SCF Sub-committee. For the avoidance of doubt, Principal Repayment does not include any Unused Funds;

Principal Repayment is defined in Section 3.01.

Examples of Principal Repayment in a sentence

• In addition, it is important to bear in mind that it is in the public interest that cases such as this be heard and disposed of without undue delay.

• Principal Repayment Schedule We hereby certify that the particulars given above are true and correct to the best of our knowledge and belief and no material information has been withheld and/or misrepresented.

• This cash portfolio is invested within the confines of clear risk policies which aim to secure a significant portion of the cash portfolio via tri- party repo receiving high quality government and government related securities as collateral or by investing directly in such securities.

• At all times prior to the making by the Security Trustee of a declaration in accordance with the Security Trust Deed that the charge created by the Security Trust Deed is immediately enforceable, the Principal Repayment Pool in relation to a Payment Date must be applied in or towards the repayment of principal on the Notes on that Payment Date in accordance with this clause 3 and clause 6 or the purchase of Substitute Mortgages in accordance with clause 7.

• On each Payment Date, the Principal Repayment Pool must, subject to this clause 3 and clauses 6 and 7, be applied in or towards making repayments of principal on the Notes in accordance with clause 6 until the Invested Amount for each Note is reduced to zero.

More Definitions of Principal Repayment

Principal Repayment. The outstanding principal balance of this Note shall be repaid as set forth in the Loan Agreement. If not sooner paid, this Note shall be due and payable in full, together with all accrued and unpaid interest thereon, whether due or overdue, on the Maturity Date.

Principal Repayment means, as of any date, the Current Liabilities as of such date divided by four.

Principal Repayment. Principal to be repaid in 12 equal quarterly installments commencing 3 months after the Plan Effective Date. Interest Payments: Accrued interest to be paid on each principal payment date.

Principal Repayment means any repayment of principal of any CTF Loan or any other financial product provided by the Implementing Entity in respect of a CTF Project with the CTF Trust Fund resources, which is due to be returned to the CTF Trust Fund under the terms of the pertinent CTF funding approved by the CTF Trust Fund Committee. For the avoidance of doubt, Principal Repayment does not include any Unused Funds;

Principal Repayment means the repayment by or for and on behalf of the Borrower to the tenders of all or a portion of any Aggregate Principal Amount under any Credit Facility.

Principal Repayment. The outstanding principal of the Onshore Loan shall be repaid in its entirety on the Onshore Maturity Date; provided that the Onshore Loan cannot be repaid or prepaid unless the Offshore Loan (as defined below) is repaid and discharged in full. Subject to the foregoing, no prepayment shall be permitted without the prior written consent of the Trustor. Interest: Simple interest of [***] per annum payable [***] in arrears (calculated on [***] basis). If the Borrower fails to pay any amount on its due date, default interest shall accrue on such unpaid sum at a rate of [***] higher than the above interest rate. Ranking: The Onshore Loan will be a secured loan and will [***] with all other present and future unsecured and unsubordinated obligations of the Borrower. *** CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS EXHIBIT. CONFIDENTIAL PORTIONS OF THIS EXHIBIT ARE DESIGNATED BY [***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Collateral: The Onshore Loan will be secured by a mortgage (the “Mortgage”) over the real estate located at Xx. 00, Xxxx Xxxx, Xxxxxxxxxx Xx-xxxx Xxxx, Xxxxxx, Xxxxxxxx, which is owned by Zensun Sub (the “Real Property”). The Onshore Lender, the Trustor, Zensun Sub and the Borrower shall enter into a mortgage enforcement agreement pursuant to which the Onshore Lender agrees to exercise its rights and claims against Zensun Sub and the Borrower under the Mortgage to the direction and benefit of the Trustor.

Principal Repayment has the meaning given in clause 3.1(a) Scheme means the proposed scheme of arrangement under Part 26 of the Companies Xxx 0000 to implement the Acquisition (subject to any modification, addition or condition approved or imposed by the Court (where applicable) and agreed by the Be Heard and MSQ) Takeover Offer has the meaning given in Chapter 3 of Part 28 of the Companies Xxx 0000 Schedule 2 Loan Note Instrument and Guarantee Dated 2020 BE HEARD GROUP PLC DEED constituting Fixed Rate Unsecured Guaranteed Loan Notes 2021 Contents Clause Page 1 Interpretation and definitions 1 2 Issue, form and status 1 3 Interest 2 4 Redemption and repayment 2 5 Payments 2 6 Enforcement 2 7 Certificates and Register 2 8 Recognition of Noteholder as absolute owner 3 9 Transfer 3 10 Replacement of certificates 3 11 Guarantee 3 12 Notices 4 13 Modification of rights 4 14 Third party rights 5 15 Inspection 5 16 Endorsement 5 17 Governing law 5 18 Jurisdiction 5 Schedule 1 Form of Loan Note 6 Schedule 2 The Conditions 8 Schedule 3 Provisions for meetings of the Noteholders 13 Schedule 4 Interpretation and Definitions 17 This Deed is made on 2020 By Be Heard Group plc (No. 9223440) whose registered office is at 00 Xxxxx Xxxxxx, Xxxxxx, Xxxxxxx, X0X 0XX (Company).