Trust Principal definition

Trust Principal means the principal of the Trust determined in accordance with Article 6 of this Agreement.
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Trust Principal means such person as may be appointed by the Directors as Trust Principal of the Company;
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Examples of Trust Principal in a sentence

  • By executing the Omnibus Instrument, each party hereto agrees that this Coordination Agreement will constitute a legal, valid and binding agreement by and among the Trust, Principal Life, PFG, PFSI, the Custodian and the Indenture Trustee.

  • By executing the Omnibus Instrument, each party hereto agrees that this Coordination Agreement will constitute a legal, valid and binding agreement by and among the Trust, Principal Life, PFG, the Custodian and the Indenture Trustee.

  • The amount so deposited with respect to a Receivable (an “Administrative Purchase Payment”) shall be included in Trust Principal Collections (to the extent of the principal amount of such Receivable) and Interest Collections (as to the remainder of such amount) on such date and shall be applied in accordance with the terms of this Agreement and the Trust Sale and Servicing Agreement.

  • Such amount will be treated as Trust Principal Collections received during such Collection Period to the extent of the principal portion of the aggregate Administrative Purchase Payments so paid, with the remainder being Trust Interest Collections.

  • The amount so deposited with respect to a Receivable (an "Administrative Purchase Payment") shall be included in Trust Principal Collections (to the extent of the principal amount of such Receivable) and Interest Collections (as to the remainder of such amount) on such date and shall be applied in accordance with the terms of this Agreement and the Trust Sale and Servicing Agreement.

  • All Deposits received by the Trustee shall constitute principal and be allocated to and separately be accounted for as Trust Principal.

  • Continuation of Trust; Principal Office of Owner Trustee 10 Section 2.09.

  • All amounts so allocated to Receivables owned by the Trust or paid to the Trust for the removed Receivables shall constitute Trust Principal Collections and shall reduce the Removal Balance.

  • Should any increase in the Available Subordinated Amount resulting from the occurrence of an event described in clauses (d)(ii)-(d)(viii) below cause the Transferor Amount as a percentage of the Trust Principal Component to be less than the Minimum Transferor Percentage, then the Transferor shall deposit funds in an amount equal to such deficiency to the Collection Account.

  • On the day on which a Series of the Investor Certificates are issued (the "Closing Date"), the Servicer shall prepare and deliver, as provided in Section 13.05, to the Trustee and the Rating Agencies, an Officer's Certificate substantially in the form of Exhibit D setting forth the Trust Principal Component as of the end of the Due Period immediately preceding the Closing Date.

Related to Trust Principal

  • Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

  • The Principal means the Principal of the College, or the Principal’s authorised representative.

  • Note A-2 Principal Balance” set forth on the Mortgage Loan Schedule, less any payments of principal on Note A-2 received by the Note A-2 Holder or reductions in the principal balance thereof pursuant to Section 3 or 4, as applicable.

  • Liquidation Principal The principal portion of Liquidation Proceeds received with respect to each Mortgage Loan which became a Liquidated Mortgage Loan (but not in excess of the principal balance thereof) during the Prior Period.

  • Monthly Principal is defined in Section 4.1(d).