Scheduled Principal Payment Amount definition

Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

Scheduled Principal Payment Amount means, with respect to any Payment Date following a Scheduled Principal Payment Event, an amount equal to the sum of the Series Principal Payment Amounts due and payable on each Series of Terms Notes then outstanding.

Scheduled Principal Payment Amount means, for the Series 2012-1 Notes for any Payment Date, the excess, if any, of (x) the then Aggregate Series 2012-1 Note Principal Balance (after giving effect to any payment of the Minimum Principal Payment Amount for the Series 2012-1 Notes actually paid on such Payment Date), over (y) the Scheduled Targeted Principal Balance for the Series 2012-1 Notes for such Payment Date.

Examples of Scheduled Principal Payment Amount in a sentence

• With respect to any Series, the date on which the principal balance of the Outstanding Notes of such Series are expected to be paid in full assuming that the Scheduled Principal Payment Amount for such Series are paid in full as such Scheduled Principal Payment Amount have become due.

• In connection with any such prepayment of principal, each applicable Scheduled Principal Payment Amount relating to the Class of Notes receiving such prepayment shall be ratably reduced.

• The following table shows the import and export of natural rubber in India from 1990-91 to 2011-12.Table 1.3 Export and Import of natural rubber YearSource: Annual reports of Rubber Board 28 Philip (2006),pp47-49 From the above table it is clear that the export of India is showing a substantial increase.

• On each Payment Date, the Borrower shall either (i) repay the Loans or (ii) acquire additional Eligible Finance Leases under the Sale Agreements, in each case to the extent necessary to cure any then existing Asset Base Deficiency (after taking into consideration any payment of principal (including the Scheduled Principal Payment Amount) made by the Borrower to the Lenders on such Payment Date).

• Any such voluntary Prepayment of less than the entire Aggregate Loan Principal Balance shall be applied to reduce the Scheduled Principal Payment Amount for future Payment Dates as set forth in Section 702(c).

More Definitions of Scheduled Principal Payment Amount

Scheduled Principal Payment Amount. With respect to any Series of Notes, the amount identified as such in the related Supplement.

Scheduled Principal Payment Amount means, with respect to the ACS Group Loans, as of any Payment Date the sum of (a) an amount equal to the sum of the Monthly Principal Payment Amounts, for each ACS Group Aircraft, (b) an amount equal to 110% the Allocable Debt Amount for any ACS Group Aircraft subject to an Aircraft Sale since the Calculation Date with respect to the Payment Date immediately preceding such Payment Date and (c) in the case of the Payment Date immediately following the occurrence of a Non-Delivery Event in respect of any ACS Group Aircraft, an amount equal to 110% of the Allocable Debt Amount for such Aircraft.

Scheduled Principal Payment Amount means, for the Series 2012-1 Notes for any Payment Date, one of the following:

Scheduled Principal Payment Amount means, for any Payment Date, an amount equal to the excess of (a) the Note Principal Amount on such Payment Date over (b) the Scheduled Note Principal Amount for such Payment Date.

Scheduled Principal Payment Amount means (i) with respect to any Settlement Date prior to the Commitment Termination Date, zero (0); and (ii) with respect to any Settlement Date on or following the Commitment Termination Date, the excess, if any, of (x) the then Note Principal over (y) the Scheduled Targeted Principal Balance for the Notes for such Settlement Date.

Scheduled Principal Payment Amount. One of the following:

Scheduled Principal Payment Amount means, with respect to any Series on any Payment Date, the excess, if any, of the Notional Outstanding Principal Balance of such Series of Notes over the Scheduled Target Principal Balance of such Series of Notes on such Payment Date, in each case before giving effect to the application of funds pursuant to Section 3.09(a) on such Payment Date but after giving effect to any partial Redemption of such Series of Notes on such Payment Date; provided that in no event shall the Scheduled Principal Payment Amount of any Series exceed the Outstanding Principal Balance of such Series.