Trade Principal definition

Trade Principal. With respect to any Mortgage Loan Pool, the aggregate outstanding principal balance of such Mortgage Loan multiplied by a percentage equal to the Trade Price.
Trade Principal means, with respect to any Mortgage Loan, the aggregate outstanding principal balance of such Mortgage Loan, multiplied by a percentage equal to the Trade Price.
Trade Principal. An amount equal to the product of (a) the Trade Price and (b) the initial principal amount of the related Security, as specified in the related Takeout Commitment.

Examples of Trade Principal in a sentence

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  • Trade Principal Supervisor Mechanic 9 Trade Senior Supervisor Bridgeworker 9 Trade Supervisor Mechanic 8 Sign ▇▇▇▇▇▇▇ 2 7 Road ▇▇▇▇▇▇▇ 2 7 Trade Journeyman Mechanic 6 Trade Journeyman Welder 6 Trade Journeyman Bridgeworker 6 Sign Person 4 Machine Operator 4 4 Industrial Warehouser 4 Machine Operator 3 3 Machine Operator 2 2 Bridge Labourer 2 Machine Operator 1 1 Labourer 1 Charge/Trade Leadhand 50¢/hr.


More Definitions of Trade Principal

Trade Principal. The product of the Trade Price and the initial principal amount of the related Security.
Trade Principal means an amount equal to the product of (a) the Trade Price and (b) the initial principal amount of the related Security, as specified in the related Takeout Commitment. “Transaction Fee” shall have the meaning assigned thereto in the MRA Pricing Side Letter. “Transaction Rate” shall have the meaning assigned thereto in the Pricing Side Letter. “Unsecured Term Loan” shall have the meaning assigned thereto in the Master Repurchase Agreement. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the U.S. Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.34 “VA” means the United States Department of Veterans Affairs or any successor thereto. 32 The definition of “Term SOFR” was amended by Amendment No. 2, dated as of April 28, 2022. 33 The definition of “Term SOFR Administrator” was added by Amendment No. 2, dated as of April 28, 2022. 34 The definition of “U.S. Government Securities Business Day” was added by Amendment No. 2, dated as of April 28, 2022.