Outstanding Principal Amount of the Class A Notes definition

Outstanding Principal Amount of the Class A Notes means, at any time, the initial aggregate principal amount of the Class A Notes that have been issued pursuant to Section 2.1(d) minus the amount of principal paid to holders of the Class A Notes pursuant to Section 5.1(2)(d);

Examples of Outstanding Principal Amount of the Class A Notes in a sentence

  • If a Change of Control Triggering Event (as defined below) has occurred, subject to the terms of the Indenture, the Issuers shall be required (jointly and severally) to prepay all of the Class A Notes of the Accepting Noteholders in the manner set forth below, at a prepayment price in cash equal to 101% of the Outstanding Principal Amount of the Class A Notes to be prepaid, to (and excluding) the Change of Control Prepayment Date (as defined below) (the “Change of Control Prepayment Price”).

  • The Class A Notes Interest Reserve Amount shall decrease proportionately with any reduction in the Outstanding Principal Amount of the Class A Notes.

Related to Outstanding Principal Amount of the Class A Notes

  • Outstanding Principal Amount means, in respect of a Covered Bond, its principal amount less, in respect of any Instalment Covered Bond, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.06 or otherwise as indicated in the Final Terms.

  • Class P Principal Amount As of the Closing Date, $100.

  • Class Principal Amount With respect to each Class of Certificates other than any Class of Notional Certificates, the aggregate of the Certificate Principal Amounts of all Certificates of such Class at the date of determination. With respect to each Class of Notional Certificates, zero.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Outstanding Principal Advances means, as of the last day of a Collection Period with respect to a Receivable, the portion of Outstanding Advances allocable to principal.