Examples of Scheduled Principal Payment Date in a sentence
Principal of this Note will be payable on the Scheduled Principal Payment Date in an amount described on the face hereof, subject to the provisions of the Indenture.
All Notes of each Series, Class or Tranche under this Indenture will in all respects be equally and ratably entitled to the benefits hereof with respect to such Series, Class or Tranche without preference, priority or distinction on account of the actual time of the authentication and delivery or Scheduled Principal Payment Date or Legal Maturity Date of the Notes of such Series, Class or Tranche, except as specified in the applicable Indenture Supplement for such Series, Class or Tranche of Notes.
The changes in the unearned premiums reserve and in the claims payable reserve during the year are detailed in Attachment 13.
Borrower and each Borrower Subsidiary hereby agrees to transfer from the Operating Accounts within forty-five (45) days after each Scheduled Principal Payment Date (each, a “Sweep Date”) all Excess Cash Flows calculated for the twelve month period ended as of such Scheduled Principal Payment Date to the Excess Cash Flow Account; provided, however, that Borrower must provide Agent Lender a full accounting of any uses of funds held in one or more of its Operating Accounts on each Sweep Date.
In order to exercise the Principal Stock Option with respect to a Scheduled Principal Payment Date, the Company must deliver, on or before the tenth (10th) calendar day immediately prior to such date, written notice to the Holder stating that the Company wishes to exercise such option and the amount of the Principal Payment to be paid in shares of Common Stock (a “Principal Stock Option Notice”).