Principal Sum means the Maximum Benefit.
Principal Sum means the full amount of the benefit paid for losses listed in the Table of Losses. The Principal Sum is shown in the Schedule of Benefits. Where less than 100% is shown, that portion of the full amount (Principal Sum) is payable.
Principal Sum means the outstanding principal, including all arrears of principal, and the outstanding interest, including all interest billed and unpaid as well as accrued since the last billing date.
Examples of Principal Sum in a sentence
Unless otherwise specified in writing by Writer, all payments made on this Note will be first applied to the Principal Sum.
The Holder will have the right to convert the Principal Sum and accrued interest under this Note into Shares of the Borrower's Common Stock as set forth below.
Any other benefits are paid to you (those described in the Loss Schedule are paid as a percent- age of the Principal Sum).
More Definitions of Principal Sum
Principal Sum means that amount specified in the Declarations as the “Principal Sum” for the Class of Eligible Members to which an Insured Person belongs.
Principal Sum means the amount indicated in the Schedule of Accident Benefits.
Principal Sum means a benefit amount payable for certain covered losses. The Principal Sum applicable to you or a dependent is shown in the Schedule.
Principal Sum has the meaning specified above;
Principal Sum means $150,000.00 or such lesser Principal Sum as is owing under this Debenture from time to time;
Principal Sum means the sum of $250,000 (U.S.).
Principal Sum means the amount of insurance appearing in Section IV-A of the Schedule of Benefits applicable to each Class. BTA5792