Loan Principal definition

Loan Principal or “Loan Proceeds” shall mean One Million Dollars ($1,000,000.00). “Project” shall have the meaning assigned in the Economic Development Agreement. “Project Costs” shall mean the costs described in Section 5.1.(a)(i)-(iv).
Loan Principal means the principal payable in respect of the Facility Loans pursuant to Article III.
Loan Principal is the amount due on any debt before interest.

Examples of Loan Principal in a sentence

  • The Interest payable on any Interest Payment Date in respect of each Note is as follows: Loan Interest Rate X Series Specific Loan Principal Amount Outstanding X Day Count Where:Series Specific Loan Principal Amount Outstanding, is the principal amount of the SeriesSpecific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

  • The Interest payable on any Interest Payment Date in respect of each Note is as follows: Loan Interest Rate X Series Specific Loan Principal Amount Outstanding X Day Count Where:Series Specific Loan Principal Amount Outstanding, is the principal amount of the Series Specific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

  • Drinking Water Participant Loan Principal Account Sources of Funds: Funds held in this account come from principal payments on loans made from the Purchase Account and the former State Match Loan Account.

  • The individual may be retained with the approval of the County Administrator.If a regular full-time employee is scheduled to be laid off, he/she shall be allowed to compete for a vacant position(s) elsewhere in the County.

  • It highlights the need to reach out beyond the already committed to engage the broader international community in the global ban effort.

  • The balance of the Expenses Subordinated Loan Principal Deferral Register existing on any Quarterly Calculation Date shall roll-over and be due on the immediately succeeding Quarterly Payment Date.

  • To the extent that on any Quarterly Payment Date, the amount of Quarterly Interest Available Funds is not sufficient to pay the amount of principal due at such time under the Expenses Subordinated Loan, such amount of principal (the Expenses Subordinated Loan Principal Deferral) shall be recorded in the Expenses Subordinated Loan Principal Deferral Register (as defined below).

  • Expenses Subordinated Loan Principal Deferral Register means the register established by the Calculation Agent on behalf of the Issuer in which any principal shortfalls in respect of the Expenses Subordinated Loan are recorded.

  • For Borrowers with credit scores between 580 and 640, the PFI or PFL must verify the Borrower’s income as part of the underwriting process if the Total Loan Principal Amount exceeds twenty thousand dollars ($20,000).

  • A “Principal Deficiency Ledger” comprising two sub-ledgers (the Notes Principal Deficiency Ledger and the Subordinated Loan Principal Deficiency Ledger) will be established by or on behalf of the Issuer in order to record a Principal Deficiency.


More Definitions of Loan Principal

Loan Principal. This loan shall be for $100,000.00.
Loan Principal. This loan shall be for $150,000.00.
Loan Principal means the principal amount of the Loan payable in the amounts and on the dates set forth in the Participant Note.
Loan Principal or “Loan Proceeds” shall mean the amount of the Loan drawn by the Borrower pursuant to each Advance Request following the satisfaction of the milestones set forth in Section 2.3(b).
Loan Principal means the amount provided by the lender at the direction of the borrower in the amount of $ ( ). "Material Adverse Change" means any change in circumstances of the borrower the party knows, or should know, that will materially affect its capacity to perform its obligations under this agreement. "Outstanding Amount" means the total of the loan principal together with any interest accrued, costs, and any other amounts owing to the lender under this agreement. "Repayment Date" means the date on which the last instalment falls due for payment being a date falling calendar week after the commencement date of this agreement or such other date as the lender and borrower agree in writing. 2.
Loan Principal means the principal balance of the Loan outstanding at any time as determined under the Loan Documents, without regard to the imputation of any interest.

Related to Loan Principal

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

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.