Principal Base definition

Principal Base means Chattanooga Metropolitan Airport, Chattanooga, Tennessee (airport code CHA).
Principal Base means, as of any time: (a) if there are four Principals who are serving as Directors, three Principals; (b) if there are three Principals serving as Directors, two Principals; (c) if there are two Principals serving as Directors, two Principals; or (d) if there is only one Principal serving as Director, one Principal.

Examples of Principal Base in a sentence

  • According to Mugenda (2013), stratified sampling is the selection of samples in a manner that the subgroups existing in the population reproduce more or less in the sample.In this study the stratified random sampling technique will be used since the concerned population is not homogeneous and it could be divided into strata or groups to acquire thesample.

  • The Principal Base Amount of the Note, plus any and all additional advances made to the Company thereafter (the "Aggregated Principal Amount"), together with accrued interest at the annual rate of six percent (6%), is due in one lump sum payment on February 24, 2014.

  • Although the goal of Avatar Airlines is to define specific policies and procedures within a certain Chapter or Section of our Manual, it should be understood that there may be other Chapters, Sections and/or manuals that interface with a specific policy or procedure that need to be referenced to ensure the regulatory requirements are satisfied.Avatar Airlines Principal Base of Operations is: Avatar Airlines, Inc.

  • The Principal Base Amount was comprised of surrendered promissory notes previously issued by the Company in the aggregated amount of $857,110 (collectively known as the "Prior Notes") and an additional $500,000 delivered to the Company on February 24, 2012.

  • Point-of-Hire shall be the Contractor’s Principal Base of Operations as specified in Section B or the location of aircraft at time-of-hire.

  • The Contractor shall notify the CO when the point of hire is not the Contractor’s Principal Base of Operations for confirmation and payment purposes.

  • Principal Base of Operations – A main campus in Alabama where administrative and managerial support and physical plant facilities are maintained continuously.

  • The Principal Base Amount was comprised of surrendered promissory notes previously issued by the Company in the aggregated amount of $858,014 (collectively known as the "Prior Notes") and an additional $500,000 delivered to the Company on February 24, 2012.

  • Avatar Airlines Principal Base of Operations is: Avatar Airlines, Inc.

  • An explanation of the history of the Warrant follows: On February 24, 2012, the Company sold and issued a Secured Promissory Note (the "February 2012 Note") to Plato in the principal base amount of $1,357,110 (the "Principal Base Amount(s)") pursuant to the terms of that certain Note Purchase Agreement of even date therewith.

Related to Principal Base

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).

  • Planned Principal Balance means for any Distribution Date, the balance shown for such Distribution Date on Schedule XVII.

  • Unpaid Principal Balance With respect to any Mortgage Loan, the outstanding principal balance payable by the Borrower under the terms of the Mortgage Note.

  • Class Principal Balance With respect to any Class and as to any date of determination, the aggregate of the Certificate Balances of all Certificates of such Class as of such date.

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Stated Principal Balance As to each Mortgage Loan, (i) the principal balance of the Mortgage Loan at the related Cut-off Date after giving effect to payments of principal due on or before such date, whether or not received, minus (ii) all amounts previously distributed to the Purchaser with respect to the related Mortgage Loan representing payments or recoveries of principal or advances in lieu thereof.

  • Initial Principal Balance means, in respect of a Receivable, the amount advanced under the Receivable toward the purchase price of the Financed Vehicle and related costs, including accessories, service and warranty contracts, insurance premiums, other items customarily financed as part of retail motor vehicle loans and/or retail installment sales contracts and other fees charged by the Transferor or Dealer and included in the amount to be financed, the total of which is shown as the initial principal balance in the note and security agreement or retail installment sale contract evidencing and securing such Receivable.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Average Principal Balance means for any Monthly Period in which a Reset Date occurs, the sum of (i) the Aggregate Principal Receivables determined as of the close of business on the last day of the prior Monthly Period, multiplied by a fraction the numerator of which is the number of days from and including the first day of such Monthly Period, to but excluding the related Reset Date, and the denominator of which is the number of days in such Monthly Period, and (ii) for each such Reset Date, the product of the Aggregate Principal Receivables determined as of the close of business on such Reset Date, multiplied by a fraction, the numerator of which is the number of days from and including such Reset Date, to the earlier of the last day of such Monthly Period (in which case such period shall include such date) or the next succeeding Reset Date (in which case such period shall exclude such date), and the denominator of which is the number of days in such Monthly Period.

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Note A-6 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-6 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-6 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.