Unscheduled Principal Proceeds definition

Unscheduled Principal Proceeds means, with respect to any Collateral Debt Obligation:

Unscheduled Principal Proceeds means, Sterling Unscheduled Principal Proceeds, Euro Unscheduled Principal Proceeds or Dollar Unscheduled Principal Proceeds (as applicable).

Unscheduled Principal Proceeds. As defined in the Indenture.

Examples of Unscheduled Principal Proceeds in a sentence

• The timing of the initial investment of the net proceeds of issue of the Notes remaining after the payment of certain fees and expenses due and payable by the Issuer on the Issue Date and reinvestment of Sale Proceeds, Scheduled Principal Proceeds and Unscheduled Principal Proceeds, can affect the return to holders of, and cash flows available to make payments on, the Notes, especially the most junior Class or Classes of Notes.

• Reinvestment of Unscheduled Principal Proceeds and Sale Proceeds from the sale of Credit Impaired Obligations and Credit Improved Obligations will likely have the effect of extending the Weighted Average Life of the Collateral Debt Obligations and the average lives of the Notes.

• Reinvestment of Unscheduled Principal Proceeds and Sale Proceeds from the sale of Credit Risk Obligations and Credit Improved Obligations will likely have the effect of extending the Weighted Average Life of the Collateral Obligations and the average lives of the Notes.

• The Collateral Manager May Reinvest After the End of the Reinvestment PeriodAfter the end of the Reinvestment Period, the Collateral Manager may continue to reinvest Unscheduled Principal Proceeds received in respect of Collateral Debt Obligations and the Sale Proceeds from the sale of Credit Impaired Obligations and Credit Improved Obligations, subject to certain conditions set forth in the Collateral Management Agreement.

• Reinvestment of Unscheduled Principal Proceeds and Sale Proceeds from the sale of Credit Risk Obligations will likely have the effect of extending the Weighted Average Life of the Collateral Obligations and the average lives of the Notes.

More Definitions of Unscheduled Principal Proceeds

Unscheduled Principal Proceeds means with respect to any item of Portfolio Collateral (excluding any Non-Euro Portfolio Collateral) principal repayments prior to the Stated Maturity thereof received as a result of optional redemptions, prepayments (including any acceleration) or Offers in respect thereof, recoveries on items of Defaulted Portfolio Collateral to the extent not included in Sale Proceeds and any other principal repayments with respect to Portfolio Collateral (to the extent not included in Sale Proceeds) and, in the case of any Non-Euro Portfolio Collateral, any Asset Swap Counterparty Principal Exchange Amount payable to the Issuer in exchange for payment by the Issuer of any unscheduled principal proceeds as described above pursuant to the related Asset Swap Transaction, together with any such amounts that are not payable to such Asset Swap Counterparty pursuant to the terms of such Asset Swap Transaction, where such amounts are converted into euro at the applicable spot rate.

Unscheduled Principal Proceeds means with respect to any item of Portfolio Collateral (excluding any Non- Euro Portfolio Collateral) principal repayments prior to the Stated Maturity thereof received as a result either of optional redemptions or the exercise of any clean-up call, regulatory call or tax call in respect thereof (excluding, for the avoidance of doubt, any principal repayments received in accordance with any amortisationschedule relating thereto) and, in the case of any Non-Euro Portfolio Collateral, any Asset Swap Counterparty Principal Exchange Amount payable to the Issuer in exchange for payment by the Issuer of any unscheduled principal proceeds as described above pursuant to the related Asset Swap Transaction, together with any such amounts that are not payable to such Asset Swap Counterparty pursuant to the terms of such Asset Swap Transaction, where such amounts are converted into euro at the applicable spot rate.

Unscheduled Principal Proceeds means all principal repayments (other than Investment Gain) received by the Issuer which are not Scheduled Principal Proceeds (including, without limitation, any termination receipts received from a Currency Hedge Counterparty under the terms of the applicable Currency Hedge Agreement which are not required for application towards the cost of entry into a Replacement Currency Hedge Agreement and any amounts transferred from the Securities Lending Accounts to the Principal Collection Account).

Unscheduled Principal Proceeds means (i) with respect to any Collateral Obligation (other than a Non- Euro Obligation with a related Currency Hedge Transaction), principal proceeds received by the Issuer prior to the Collateral Obligation Stated Maturity thereof as a result of optional redemptions, prepayments (including any acceleration) or Offers (excluding any premiums or make whole amounts in excess of the principal amount of such Collateral Obligation) and (ii) with respect to any Non-Euro Obligation with a related Currency Hedge Transaction any amounts in Euro payable to the Issuer by the applicable Currency Hedge Counterparty in exchange for payment by the Issuer of any unscheduled principal proceeds specified in (i) above received in respect of any Collateral Obligation under the related Currency Hedge Transaction.

Unscheduled Principal Proceeds means (a) with respect to any Portfolio Asset, principal proceeds received by the Issuer prior to the Stated Maturity thereof as a result of optional redemptions, prepayments (including any acceleration) or Offers (excluding any premiums or make whole amounts in excess of the principal amount of such Portfolio Asset).

Unscheduled Principal Proceeds means (in each case, excluding any premiums or make whole amounts in excess of the principal amount of such Collateral Debt Obligation and any proceeds received from Defaulted Obligations and CC Obligations):

Unscheduled Principal Proceeds means, with respect to any Debt Obligation, principal repayments prior to the Stated Maturity thereof received as a result of optional redemptions, prepayments (including any acceleration) or Offers (excluding any premia or make whole amounts in excess of the principal amount of such Debt Obligation), and any other unscheduled principal payments with respect to Debt Obligations (to the extent not included in Sale Proceeds).