Principal Amount Outstanding definition

Principal Amount Outstanding means, in respect of a Covered Bond on any day the principal amount of that Covered Bond on the relevant Issue Date thereof less principal amounts received by the relevant Covered Bondholder in respect thereof on or prior to that day.

Principal Amount Outstanding means in respect of a Covered Bond the principal amount of that Covered Bond on the relevant Issue Date thereof less principal amounts received by the relevant holder of the Covered Bond in respect thereof.

Principal Amount Outstanding means, in respect of a Covered Bond, the principal amount of that Covered Bond on the relevant Issue Date thereof less all principal amounts received by the relevant holder of the Covered Bonds in respect thereof;

Examples of Principal Amount Outstanding in a sentence

• The Registrar shall, on the Business Day prior to each Interest Payment Date, notify the Principal Paying Agent, the Issuer and the Issuer Cash Manager of the aggregate Principal Amount Outstanding of Definitive Notes.

• On each occasion on which Definitive Notes are so delivered, the principal amount of the relevant Global Note shall be reduced by the principal amount of the Definitive Notes so delivered, and the Registrar shall procure that there is noted in the schedule to the relevant Global Note the amount of Definitive Notes so delivered (the Principal Amount) and the remaining Principal Amount Outstanding of the relevant Global Note and shall procure the signature of such notation on its behalf.

• On or after the date for the exchange of any Global Note for Definitive Notes in accordance with the Conditions, the Registrar shall, against surrender of such Global Note, authenticate and deliver, or cause to be authenticated and delivered on its behalf, Definitive Notes in accordance with the Conditions and clause 5 of the Note Trust Deed, provided that in no circumstances shall the aggregate principal amount of such Definitive Notes exceed the Principal Amount Outstanding of the relevant Global Note.

• The Register shall show the Principal Amount Outstanding or total number outstanding, as the case may be, of each Definitive Note, the serial numbers thereof and the respective dates of issue and all subsequent transfers, cancellations and replacements thereof and all changes of ownership and the names and addresses of the holders of such Notes.

• A demand for a poll shall be valid if it is made by the Chairman, the Issuer, the CBC, the Security Trustee or one or more Voters representing or holding not less than one fiftieth of the aggregate Principal Amount Outstanding of the Covered Bonds.

More Definitions of Principal Amount Outstanding

Principal Amount Outstanding means, on any day:

Principal Amount Outstanding means, on any date:

Principal Amount Outstanding means in relation to any Class of Notes and at any time, the aggregate principal amount outstanding under such Class of Notes at that time, which in the case of:

Principal Amount Outstanding in respect of a Covered Bond means the outstanding principal amount of that Covered Bond.

Principal Amount Outstanding means, on any date, the principal amount of a Covered Bond on the relevant Issue Date, less the aggregate amount of any principal payments in respect of such Covered Bond which have been paid to the relevant Covered Bondholder on or prior to that date. The applicable Final Terms shall contain provisions (if necessary) relating to the calculation of interest in respect of Interest Payment Dates that fall in the interval between the Issue Date and the First Interest Payment Date or the interval between the Maturity Date and the immediately preceding Interest Payment Date. B. Interest on Floating Rate Covered Bonds (up to, but excluding, the Maturity Date or, if earlier, the date on which a Breach of Amortisation Test Notice is served on the CBC)

Principal Amount Outstanding means in respect of any Note, on any Notes Payment Date the principal amount of such Note upon issue less the aggregate amount of all relevant Redemption Amounts in respect of such Note that have become due and payable prior to such Notes Payment Date, provided that for the purpose of Conditions 4, 6 and 10 all relevant Redemption Amounts that have become due and not been paid shall not be so deducted.

Principal Amount Outstanding means on any date, the principal amount of a Covered Bond on the relevant Issue Date, less the aggregate amount of any principal payments in respect of such Covered Bond which have been made to the Paying Agent on or prior to that date.